Raghunatha, T. and Rajashekar, H. (2014) Indian accounting standards vs international financial reporting standards. SCMS Journal of Indian Management, XI (3). p. 96. ISSN 0973 - 3167
Full text not available from this repository. (Request a copy)Abstract
The paper is an attempt to analyze the perception of accounts preparers, chartered accountants and academicians in Mysore cityKarnataka, to find if the convergence of Indian accounting standards with IFRS is beneficial or not? Another major goal of this study is to justify that well and good accounting standards are not responsible for accounting scandals. Finally, the study cames to a conclusion that convergence of Indian Standards with IFRS is beneficial for investors, government and corporate sector respectively. Majority of the respondents agree with the significance of convergence of Indian accounting standards with IFRS and they say that, using IFRS as a reporting language brings uniformity and fairness in financial statements. However, the study states that, avoiding of accounting scandals is possible through an ethical practice among entities and auditors.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | International Financial Reporting Standards (IFRS) and Convergence and INDAS and Accounting Scandals and Accounting Ethics |
| Subjects: | G Commerce > Commerce |
| Divisions: | Department of > Commerce |
| Depositing User: | Users 19 not found. |
| Date Deposited: | 09 Oct 2019 11:40 |
| Last Modified: | 09 Oct 2019 11:40 |
| URI: | http://eprints.uni-mysore.ac.in/id/eprint/8801 |
Actions (login required)
 |
View Item |
