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Experience of other Nations in Convergence to IFRS

Muthupandian K S

MPRA Paper from University Library of Munich, Germany

Abstract: The article explains the status of adoption of IFRSs in the major countries of the world. Study of the strategy adopted by other nations in convergence with IFRS can teach valuable lessons to ensure that convergence as envisaged in India becomes a reality as per the schedule.

Keywords: International Financial Reporting Standards; Convergence; India; IFRS; IAS; IASC; IASB. (search for similar items in EconPapers)
JEL-codes: M41 (search for similar items in EconPapers)
Date: 2008-03, Revised 2008-05-09
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Published in Chartered Accountant Practice Journal 5.22(2008): pp. 37-56

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