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Indian Accounting Standards (Ind AS) News
Indian Accounting Standards (Ind AS)
No need to worry! Indigo to see no impact on profits from this new standard
Tue, Jun 25, 2019
According to an expert, "Ind-AS 116 related changes will not impact Indigo’s cash profits, cash flows and growth strategy. There may, however, be a change in future reported profits...."
Companies see higher net income on Ind AS adjustments
Sun, Sep 25, 2016
Currently, certain class of firms are required to comply with the new Indian Accounting Standards (Ind AS).
Indian banks require nearly Rs 6 lakh crore to meet Basel III norms: Fitch
Mon, Sep 12, 2016
From April 2017, the Indian banks are scheduled to begin migrating to Indian Accounting Standards and the compliance will be compulsory from April 2018.
Indian Accounting Standards to induce fluctuations in financial statements: Crisil
Mon, Aug 29, 2016
Capital goods and infrastructure are among the sectors that are likely to be most impacted by the switch to the new Indian Accounting Standards (Ind AS), which is expected to induce volatility in corporate financial statements, says a Crisil report.