Question

what are benefits of IFRS?

Answer 1

The benefits of IFRS in India are stated as follows:

Gaining a competitive edge globally.

3500+ vacancies for such a profile hereby boosting career chances.

IND-AS the latest and current set of accounting standards implemented by India Inc are in compliance with IFRS.

Another major benefit is anyone with financial background pertaining to CFO’s/Finance Directors, Practicing CA, CS and CMA, Finance controllers, Investment Bankers, and a varied professionals involved in auditing, reporting, accounting and finance domain are eligible to study IFRS.

Answer 2

having Business we can globally operated
We can help the small industry to come and joind our companey to do the business
True and fair view
Helping investors by providing a high quality relevant transparent and comparable information in financial statement in order to make economic decision....