IFRS compliant Indian Accounting Standards by 2016; MSMEs spared
The Ministry of Corporate Affairs on Friday established a road map for companies to implement a new ...
IFRS CONSOLIDATION OF ACCOUNTS PACKAGE
In May 2011 the IASB published a package of five new standards which set out new requirements for co...
INDIA TO ADOPT GLOBAL FINANCIAL STANDARDS (IFRS) FROM APRIL 2015
The corporate affairs ministry is likely to notify within a month all sections and rules of the new ...
THE CONTROL CONCEPT IN IFRS 10 – TEN THINGS INVESTMENT MANAGERS NEED TO KNOW
The change to the definition of control in IFRS 10, Consolidated Financial Statements[“IFRS 10...
IMPACT IN STANDALONE FINANCIAL STATEMENTS
The issue is whether, in its separate financial statements, an entity should apply the provisions o...
GAIN OR LOSS ON SALE
At the July 2012 Interpretations Committee meeting, some amendments to IAS 28 Investments in Asso...
INTRODUCTION OF IFRS 10, CONSOLIDATED FINANCIAL STATEMENTS
On 12 May 2011 the IASB issued IFRS 10 Consolidated Financial Statements. IFRS 10 establishes princi...
WHY ISAB ISSUED IFRS 10
A single consolidation model: IFRS 10 introduces a consolidation model that builds upon the requirem...
ARE THERE NEW CONSOLIDATION REQUIREMENTS UNDER IFRS 10 ??
Some may be concerned that IFRS 10 introduces new concepts and consolidation requirements when compa...
IFRS 10-CONSOLIDATED FINANCIAL STATEMENTS
As issued at 1 January 2012. Includes IFRSs with an effective date after 1 January 2012 but not the ...