SDMIMD Journal of Management

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A Study of Differences in Financial Performance under Indian GAAP and IFRS: Case of Noida Toll Bridge Company Limited


Affiliations
1 Department of Studies in Commerce, University of Mysore, Mysore, India
 

The use of a single set of high quality accounting standards would facilitate investment and other economic decisions across borders, increase market efficiency, and reduce the cost of raising capital, in these aspects IFRS is the best set of accounting standards which have been adapted by 115 countries all over the world. In this article investigators considered the impact of convergence with IFRS on stamen of financial position of Nodia Toll Bridge Company Limited for the year2010, we considered the effect of transition to IFRS as well asratio of changes between each item by using of:Ratio = (x2-x1)/x1 X 100 So after finding the ratio of changes we start to find the reason of these changes through the comparing between IFRS and Ind AS.

Keywords

Ifrs, Indian Gaap, International Accounting.
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  • Chua, W.F., & Taylor, S. L. (2008). The rise and rise of IFRS: An examination of IFRS diffusion. Journal of Accounting and Public Policy, 27, 462–473.

  • Ramanna, K., & Sletten, E. (2009). Why do countries adopt International Financial Reporting Standards? Working Paper #09-102. Boston: Harvard Business School.

  • Sunder, S. (2009). IFRS and Accounting Consensus. Accounting Horizons, 23, 102.


Abstract Views: 376

PDF Views: 85




  • A Study of Differences in Financial Performance under Indian GAAP and IFRS: Case of Noida Toll Bridge Company Limited

Abstract Views: 376  |  PDF Views: 85

Authors

Arash Naderian
Department of Studies in Commerce, University of Mysore, Mysore, India
B. Mahadevappa
Department of Studies in Commerce, University of Mysore, Mysore, India

Abstract


The use of a single set of high quality accounting standards would facilitate investment and other economic decisions across borders, increase market efficiency, and reduce the cost of raising capital, in these aspects IFRS is the best set of accounting standards which have been adapted by 115 countries all over the world. In this article investigators considered the impact of convergence with IFRS on stamen of financial position of Nodia Toll Bridge Company Limited for the year2010, we considered the effect of transition to IFRS as well asratio of changes between each item by using of:Ratio = (x2-x1)/x1 X 100 So after finding the ratio of changes we start to find the reason of these changes through the comparing between IFRS and Ind AS.

Keywords


Ifrs, Indian Gaap, International Accounting.

References





DOI: https://doi.org/10.15533/sdm%2F2014%2Fv5i1%2F47417