International Financial Reporting Standards (IFRS) are accounting standards and principles set by IASB and are becoming global standards for the preparation of financial statements. Most countries are converging their standards towards IFRS or adopting IFRS as they are, to enable uniform reporting. India, as a step closer to convergence with IFRS, has adopted Ind-AS.
This eBook gets you started on that journey. This ebook presents you a couple of important units/chapters of International Financial Reporting Standards.
Property Plant and Equipment
Presentation Of The Statement Of Financial Position,
And The Statement Of Profit Or LossAnd Other Comprehensive Income