tag:blogger.com,1999:blog-242553709604476386.post9094255751261193006..comments2023-10-17T18:46:01.263+05:30Comments on My thoughts: International Financial Reporting Standards (IFRS)...1Gopal Ramananhttp://www.blogger.com/profile/01186905105082582077noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-242553709604476386.post-37209646238863605982009-07-15T11:10:53.258+05:302009-07-15T11:10:53.258+05:30Great initiative, Gopal...i wish all the best to y...Great initiative, Gopal...i wish all the best to your efforts..it will be a boon to all the readers..our fellow members in the fraternity included! <br /><br />-Nagarajan, Kochi.Anonymoushttps://www.blogger.com/profile/13803572575011269674noreply@blogger.comtag:blogger.com,1999:blog-242553709604476386.post-55155639042743810332009-07-05T22:53:48.212+05:302009-07-05T22:53:48.212+05:30For the complete article visit http://ifrsinindia....For the complete article visit http://ifrsinindia.blogspot.com/<br /><br />The article makes an effort to understand basic concepts of “Revenue recognition” as stated by IAS 18 in a question and answer mode. <br /><br /><br />IAS 18 -- Revenue Recognition<br /><br />What is “Revenue” ?<br />Revenue is the gross inflow of economic benefits during the period arising in the course of the ordinary Sriramahttps://www.blogger.com/profile/15318208213235549743noreply@blogger.comtag:blogger.com,1999:blog-242553709604476386.post-65657881745496264412009-07-01T07:36:35.667+05:302009-07-01T07:36:35.667+05:30Disseminate knowledge on IFRS to various stakehold...Disseminate knowledge on IFRS to various stakeholders including persons involved with preparation of preparing Financial statements and using them. Presently a very tiny fraction of preparers and users of financial statments have accessability to information on IFRS. This has to change if IFRS has to be implemented successfully.<br />Srirama<br />http://ifrsinindia.blogspot.com/sriramahttp://ifrsinindia.blogspot.com/noreply@blogger.comtag:blogger.com,1999:blog-242553709604476386.post-17578437604113982692009-02-04T17:41:00.000+05:302009-02-04T17:41:00.000+05:30Thanks Anand for the inputs. This is what I requir...Thanks Anand for the inputs. This is what I require to improve upon!I will make it a point to expand the abbreviations hereafter!<BR/><BR/>SEC - Securities and Exchange Commission (our SEBI equivalent in US).<BR/><BR/>GAAP - Generally Accepted Accounting Principles. This is equivalent to our Indian Accounting Standards.<BR/><BR/>EU : European Union<BR/><BR/>Cheers,<BR/>GopalAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-242553709604476386.post-89666353926189110472009-02-04T16:59:00.000+05:302009-02-04T16:59:00.000+05:30Dear Gopal,Thank you very much for sharing and tak...Dear Gopal,<BR/><BR/>Thank you very much for sharing and taking initiating an informative topic... We are all having fingers crossed on the mess it is going to create during the transition time and loss companies may incur...<BR/><BR/>Also as an accounting consulting firm we need to be early birds to learn the standards and provide service/solution, so that we might have huge market... But we Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-242553709604476386.post-66664263864910581182009-01-27T15:45:00.000+05:302009-01-27T15:45:00.000+05:30Hi Gopal, It is really heartening to see your blog...Hi Gopal, <BR/><BR/>It is really heartening to see your blog on IFRS. IFRSs convergence being the buzz topic #!@#@!# currently and given your knowledge on the subject, I am sure it would benefit all the readers. <BR/>Thank you and looking forward to the articles and updates on IFRSs.<BR/><BR/>Regards<BR/>RaghavanAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-242553709604476386.post-24783567649072834802009-01-27T14:44:00.000+05:302009-01-27T14:44:00.000+05:30Wow, it's a good start Gopal. I'm sure it would be...Wow, it's a good start Gopal. I'm sure it would benefit the readers to a large extent.<BR/><BR/>My heartiest wishes !!<BR/><BR/>Regards<BR/>Bala<BR/>www.cogzidel.inAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-242553709604476386.post-8245255329758859052009-01-27T09:11:00.000+05:302009-01-27T09:11:00.000+05:30Hi Gopal,Its a perfect topic to start with... than...Hi Gopal,<BR/><BR/>Its a perfect topic to start with... thanks, will wait for your further updates :)<BR/><BR/>SatishAnonymoushttps://www.blogger.com/profile/17652468000298195641noreply@blogger.com