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IFRS NEWS

New accounting norms to impact financial statement reporting: ICAI

February 24, 2015 2:55 am

The new regime would bring in accounting based on ‘fair value’ model in various cases,

Wipro reports 28.8% rise in Q4 net, in line with guidance

April 18, 2014 7:51 am

IT services revenue for the year was at $6.62 billion (up 6.4 per cent y-o-y) or Rs 39,950 crore (up 18 per cent). Wipro had 1,46,053 employees as of March 31, as part of its IT services business.

Indian companies likely to shift to IFRS from April 2015

October 20, 2013 4:45 am

IFRS had been put on the back burner by the Centre given issues raised by corporates and unresolved taxation issues.

'Adopt IFRS,skip keeping 2 acc books'

October 17, 2011 7:48 pm

Listed non-banking finance companies,will converge their accounts with IFRS norms from April 1,2013.

HDFC may monetise non-core investments

March 10, 2011 12:17 am

The plans for monetising its non-core investments other than banking,insurance and mutual funds.

India Inc has its way,IFRS put off

February 26, 2011 2:19 am

Ministry notifies 35 standards to update Indian accounting norms in line with IFRS.

India Inc has its way,IFRS put off

February 26, 2011 1:48 am

Ministry notifies 35 standards to update Indian accounting norms in line with IFRS.

Foreign investors wary of diluted IFRS proposal

December 30, 2010 3:17 am

The corporate affairs ministry's move to implement a diluted version of International Financial Reporting Standards from April 1,2011 has put a question mark on the flow of financial information to foreign investors and lenders doing business in the world's second-fastest growing economy,experts said.

Diluted IFRS will defeat its purpose,say experts

December 30, 2010 12:25 am

Corporate affairs ministry says blind implementation will hurt India Inc.

The IFRS compliance will boost and facilitate foreign capital inflow

December 06, 2010 3:58 am

In conversation with Ritu Kant Ojha of The Indian Express,Haribhakti,says that India has already subtly pushed transition to IFRS by one year and any further extension may expose us to global criticism.