IFR 2016: Made in India ships dominate review fleet; farthest representation from BrazilNaval vessels sailed from as far away as Brazil and Australia to participate in the IFR, being conducted for only the second time by India ...
14 Jul, 2018, 09.23 PM IST
Govt notifies new accounting standard, effective April 1The Corporate Affairs Ministry has notified Indian Accounting Standard (Ind AS) 115 which would be effective from the new financial year, s...
29 Mar, 2018, 09.11 PM IST
New accounting standards likely to create turbulence for airlinesIndia adopted IFRS on April 1, 2016. PwC estimates that the new accounting standard would impact at least 20 industries, ranging from retai...
26 Jul, 2017, 10.14 AM IST
ET in the classroom: The new accounting norms for India IncIn 2009, India made a commitment towards the convergence of Indian accounting standards with International Financial Reporting Standards at...
08 Apr, 2016, 02.39 AM IST
Indian companies brace themselves for new accounting standards: PwC surveyAccording to the survey most companies are also concerned about impact of financial instruments including derivatives on the company’s acco...
04 Feb, 2016, 02.05 PM IST
New accounting norms may impact shareholder interestIndia Inc is gearing up for transition towards a new set of accounting standards for preparing financial statements.
19 Sep, 2014, 12.08 PM IST
- Only 53% of Indian businesses aware of new international accounting standards
Only 53 per cent of Indian businesses are aware of the impending global changes in the existing accounting standards that will impact the w...
19 Jan, 2012, 06.32 PM IST
- For IRDA, one-size-fits-all IFRS guidance a challenge
The roadmap issued by MCA requires all insurance companies to apply International Financial Reporting Standards (IFRS) starting from April ...
27 Apr, 2011, 07.00 AM IST
- IFRS compliance to boost M&A; bring more transparency: Experts
Despite apprehensions about companies conforming to IFRS when declaring their earnings, experts in the field of merger and acquisition feel...
28 Nov, 2010, 11.27 AM IST
- Retirement liabilities can be shown as reserves
The country’s apex body on accounting standard has cleared way for a change in the way Indian companies account for their employee’s post-r...
08 Nov, 2010, 03.16 AM IST
- RBI wary of loans to for-profit MFIs
The Reserve Bank of India (RBI) has raised questions over bank lending to for-profit microfinance institutions, which then on-lend the mone...
09 Aug, 2010, 03.10 AM IST
- With Esops poised to lose sheen under IFRS, cos mull new carrots
The new global accounting norms that Indian firms are migrating to next year could bring the curtains down on the era of stock options and ...
17 Jun, 2010, 09.20 AM IST
- Mid-size cos may delay switching over to IFRS
Glaring differences in treating vital parts of companies’ financial statements could delay many mid-size Indian companies from actively swi...
29 Mar, 2010, 01.24 AM IST
- Bill late , govt tallying local rules with global a/c norms
The government will tweak existing rules rather than wait for a comprehensive law to get Parliament’s approval to quicken the transition to...
28 Jan, 2010, 05.37 AM IST
- India should adopt IFRS without changes: Ernst & Young
Financial consultancy firm Ernst & Young said the government should adopt the International Financial Reporting Standard without any change...
03 Sep, 2009, 08.19 PM IST
- IFRS rules offer big biz opportunity
As corporate India prepares itself for transition to International Financial Reporting Standards (IFRS), consultancy firms, educational ins...
16 Aug, 2009, 04.31 AM IST
- PwC and IIM-C join hand to offer IFRS training
Auditing firm PricewaterhouseCoopers and Indian Institute of Management - Calcutta on Tuesday signed an agreement to launch dedicated execu...
05 Aug, 2008, 08.17 PM IST