• April to June 2024 Article ID: NSS8603 Impact Factor:8.05 Cite Score:460 Download: 29 DOI: https://doi.org/ View PDf

    IFRS Implementation in INDIA: Opportunities and Challenges

      Dr. Neha Bhanadari (Nahar)
        Assistant Professor, Renaissance College Of Commerce And Management, Indore (M.P.)
  • Abstract – This paper explores the adoption of International Financial Reporting Standards (IFRS) in India, focusing on the opportunities and challenges it presents. IFRS aim to standardize accounting practices globally , ensuring transparency , comparability , and reliability of financial statements. The research discusses the impact for IFRS implementation , its impact on various stakeholders, and the hurdles faced during the transition from Indian GAAP to IFRS – complaint standards (Ind AS).