Ind AS is bringing biggest accounting revolution in India

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Ind AS requires valuation as per Ind AS 113

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Ind AS is required to be Implemented by an expert

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Ind AS is a futuristic accounting standard

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Exemptions in Ind AS 101 - First time adaption of Ind AS - Decoded

11:09 AM  ,  


IFRS converged Ind AS has hit the door as many companies are preparing their comparatives under Ind AS for June 2016, which is June 2015 as well as March 2015 for Opening figures.


Optional Exemptions

Currently, Ind AS 101, has 20 optional exemption from retrospective application and the same has been categorized based on its importance and impact on financial statement  which are as follows


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