I'm currently pursuing my CA Final. I would like to state that I'm someone who believes that concepts are more important than just rote learning. I would love to help you guys out with anything related to accountancy, finance or taxation. My focus would be on delivering maximum concepts in minimum time and helping you learn things in the easiest and fun way possible. Thank you.
The IND AS are basically standards that have been harmonised with the IFRS to make reporting by Indian companies more globally accessible. Since Indian companies have a far wider global reach now as compared to earlier, the need to converge reporting standards with international standards was felt, which has led to the introduction of IND AS.
You will learn about the nuances of Ind AS and IFRS which will give you a better insight and understanding of these standards.
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