Rhapsody Accounting And Advisory Services Private's Article in Taxes
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Development and Implementation of XBRL in India
Professionals mostly Financial professionals were reeling under the IFRS/ IND AS giant in India and wondering what Ministry of Corporate Affairs (MCA) is up to i.e. whether IFRS/IND AS will see the light of the day this year or not and Bang – MCA releases a circular with the following subject – 'Subject: Filing of Balance Sheet and Profit and Loss Account in eXtensible Business Reporting Language (XBRL) mode'. And then the first paragraph read as follows:
Posted on Aug-22-2011
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The Great Indian Corporate confusion ..'IFRS in India'
There are definitely a few people who have been keeping track of the developments on the IFRS implementation/convergence in India since the last 3 plus years.
Posted on Apr-16-2011
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