Question

What is the difference between IFRS AND INDAS?

Answer 1

IFRS stands for International Financial Reporting Standards, It is prepared by the IASB (International Accounting Standards Board). IND AS is also known as Indian Accounting Standards or Indian version of IFRS. Indian AS or IND AS is used in the context of Indian companies.

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Answer 2

Answer:

❥ IFRS stands for International Financial Reporting Standards, It is prepared by the IASB (International Accounting Standards Board). ... IND AS is also known as Indian Accounting Standards or Indian version of IFRS. Indian AS or IND AS is used in the context of Indian companies.

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