send mail to support@abhimanu.com mentioning your email id and mobileno registered with us! if details not recieved
Resend Opt after 60 Sec.
By Loging in you agree to Terms of Services and Privacy Policy
Please specify
Please verify your mobile number
Login not allowed, Please logout from existing browser
Please update your name
Subscribe to Notifications
Stay updated with the latest Current affairs and other important updates regarding video Lectures, Test Schedules, live sessions etc..
Your Free user account at abhipedia has been created.
Remember, success is a journey, not a destination. Stay motivated and keep moving forward!
Refer & Earn
Enquire Now
My Abhipedia Earning
Kindly Login to view your earning
Support
India is changing its accounting standards from generally accepted accounting principles (GAAP) to Indian Accounting Standards (Ind-AS) from April 2016. Adoption of the new Indian Accounting Standards (IndAS) which bring in the concept of fair valuation and greater rigour on accounting for the substance of a transaction rather than its form. All listed companies (except those listed on the Small & Medium Enterprises Exchange) and unlisted companies with net worth exceeding R250 crore, including group companies, will be required to mandatorily adopt IndAS in a phased manner. These standards are set of accounting standards notified by the Ministry of Corporate Affairs which are converged with International Financial Reporting Standards (IFRS). This standard is followed by all companies other than the insurance companies, banking companies and NBFCs. A complete set of financial statements under Ind AS comprises:
About GAAP (Generally accepted accounting principles):
GAAP includes principles on:
Analyse:
General Study II: Important aspects of governance, transparency and accountability, e-governance- applications, models, successes, limitations, and potential
By: Vishal ProfileResourcesReport error
Access to prime resources