I F R S – Simplified With Practical Illustrations (Part-I & Part-II…set of two books)
I F R S – Simplified With Practical Illustrations (Part-I & Part-II…set of two books) by Rammohan bhave
English | 2017 | ISBN: 9384061557 | 1330 pages | AZW3 | 16 MB
English | 2017 | ISBN: 9384061557 | 1330 pages | AZW3 | 16 MB
Every country has a role in world growth. Businesses are changing as is the style of doing business. Frequent mergers, acquisitions, intangible assets like goodwill, brands etc, derivatives, case-suits, have resulted in complex situations and made business accounting complicated.
Recent accounting scams suggest the need for transparency in books of accounts, to reflect the true intention underlying every single transaction by the management. People want more stringent norms and transparency to safeguard their money. As stake holders or lenders are not directly involved in the functioning of the management, only financial statements can be the basis of understanding the functioning of a company. International Financial Reporting Standards (IFRS) attempt at offering transparency as a step in this direction for India.