国際会計研究ジャーナル

概要

Value Addition by IFRS

Kumar VDS and Malyadri P

In the context of India’s aspirations and its corporates rightful global business aspirations in tune with its big population size and the need for greater trade, credit and investment avenues, there is an imperative need to go in for global standards in many business respects. In this respect, the need for clear corporate financial portrayals or reporting needs no overemphasis. This paper is a modest attempt at examining the corporate reporting imperatives and the Indian and International Financial Reporting Standards routes to reach them. The IFRSs are found to have value addition to corporate image and credit and investment avenues and reporting practices.