Wednesday, April 3, 2013

IFRS implementation by banking cos unlikely before 2015: ICAI


New Delhi: Recommendations on implementation of IFRS standards by banking companies have been given to the Reserve Bank of India but are unlikely to come into force before 2015, according to accounting regulator ICAI. Going forward, Indian accounting standard would be converged with the International Financial Reporting Standards (IFRS)............

No comments: