First Time Adoption of IFRS
IFRS 1 i.e. First Time Adoption of IFRS is the guidance that is applied during the preparation of a company’s first time IFRS based statements. IFRS 1 was created to… Read more
Difference between IFRS Conversion and IFRS Adoption
The use of IFRS (International Financial Reporting Standards) is becoming so widespread that it has already been applied in over a 100 Countries which includes the likes of European Union… Read more
Tax Saving Fixed Deposit: Max Limit increased to 1.5 Lakh
To give a boost to the declining interest in fixed deposits of retail investors, the Finance Ministry in the year 2006 announced that all Fixed Deposits with a maturity of… Read more