Indian Accounting Standards

'Few Indian companies have operational plan for transition to IndAS'

Only 22 per cent of domestic companies have an operational plan for transition to Indian Accounting Standards (Ind AS) despite a whopping 65 per cent believing it will open up avenues for accessing capital from international markets, says a survey by Grant Thornton.

Jan 08, 2015, 16:02 PM IST

Govt comes out with roadmap for new accounting standards

The government Friday said that companies with a networth of Rs 500 crore or more will have to mandatorily follow the new accounting norms that are converged with global standards from April 1, 2016.

Jan 02, 2015, 22:52 PM IST