'Few Indian companies have operational plan for transition to IndAS'
Only 22 per cent of domestic companies have an operational plan for transition to Indian Accounting Standards (Ind AS) despite a whopping 65 per cent believing it will open up avenues for accessing capital from international markets, says a survey by Grant Thornton.
Jan 08, 2015, 16:02 PM ISTGovt comes out with roadmap for new accounting standards
The government Friday said that companies with a networth of Rs 500 crore or more will have to mandatorily follow the new accounting norms that are converged with global standards from April 1, 2016.
Jan 02, 2015, 22:52 PM IST