What are Ind-ASs and When They Are Applicable?

Indian accounting standards (IND AS)

What is an Ind-AS? An IND-AS is an accounting standard prepared in India in compliance with IFRS. IND AS is currently tracked by all listed firms and those unlisted companies whose net worth is more than equal to 250 crores. Indian Accounting Standards (abbreviated as Ind-AS) in India accounting standards were established under the supervision […]