IFRS in India-Benefits versus Costs

Authors

  • H. N. Anuradha Department of MBA, TTL College of Business Management, Mysore

DOI:

https://doi.org/10.33516/maj.v45i8.659-661p

Abstract

Adoption of IFRS is an attempt to establish a global standard for the preparation of public company financial statements in order to integrate domestic businesses with the global investor and financial community so that there is no language barrier. Its implementation is expected to result in a fusion of benefits and costs. In this regard, this article analyzes the costs and benefits of migrating to IFRS with reference to India.

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Published

2010-08-01

How to Cite

Anuradha, H. N. (2010). IFRS in India-Benefits versus Costs. The Management Accountant Journal, 45(8), 659–661. https://doi.org/10.33516/maj.v45i8.659-661p

Issue

Section

Recent Developments in Finance