Economics, Econometrics and Finance
5 years ago

Adoption of IFRS to Revolutionize Indian Financial Reporting Standards.

1 view
KnE Social Sciences
A study of Effects and implications of differences between Indian GAAP and IFRS
Anubha Srivastava

Paper Summary

The article discusses the differences between Indian GAAP and IFRS in financial reporting standards. It highlights the need for a global set of accounting standards for better comparability and transparency. The researchers conducted a survey to understand the implications of these differences. The study concludes that adopting IFRS would benefit the economy in various ways.

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