https://www.taxtmi.com/manuals?id=2898 Adoption of Ind AS creates a converged IFRS aligned reporting framework notified under Company (Indian Accounting Standards) Rules; early adoption is permitted but, once undertaken, is irrevocable. Phased applicability requires specified listed and unlisted companies and their holding, subsidiary, joint venture and associate entities to adopt Ind AS from prescribed effective dates based on net worth thresholds, while entities outside the roadmap continue with existing standards. SME exchange listings are excluded, and staged applicability extends to specified NBFCs and their group entities with transitional comparative reporting required on early adoption. en-us Tue, 20 Jun 2023 17:54:00 +0530 Tue, 31 Oct 2023 11:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=2898 Adoption of Ind AS creates a converged IFRS aligned reporting framework notified under Company (Indian Accounting Standards) Rules; early adoption is permitted but, once undertaken, is irrevocable. Phased applicability requires specified listed and unlisted companies and their holding, subsidiary, joint venture and associate entities to adopt Ind AS from prescribed effective dates based on net worth thresholds, while entities outside the roadmap continue with existing standards. SME exchange listings are excluded, and staged applicability extends to specified NBFCs and their group entities with transitional comparative reporting required on early adoption. Manuals Companies Law Tue, 20 Jun 2023 17:54:00 +0530 https://www.taxtmi.com/manuals?id=2898