국제회계 인도의 회계 시스템(영문)

국제회계 인도의 회계 시스템(영문)

[국제회계] 인도의 회계 시스템(영문).ppt

목차 1. National Accounting Background 2. Accounting Regulation System 3. Financial Reporting 4. IFRS and India 본문 < 2. Accounting regulation system > ●The act requires an audited balance sheet and profit and loss account, approved by the board of directors. (Indian accounting standards also require a cash flow statement.) ●An accompanying directors report must address the state of affairs of the company, its material commitments, recommended dividends, and other information necessary for understanding the nature of the companys business and subsidiaries. ●The Institute of Chartered Accountants of India, established in 1949 ●Chartered accountants were previously known as registered accountants and the institute was preceded by other organizations of professional accountants, such as the Society of Auditors, founded in Madras in 1927. <4. IFRS and India > 3. Need for IFRS ● Level of Confidence : The key benefit will be a common accounting system that is perceived as stable, transparent, and fair to investors across the world, whether local or foreign. ●Risk Evaluation :IFRS will eliminate barriers to cross-border listings and will be beneficial for investors who generally ascribe a risk premium if the underlying financial information is not prepared in accordance with international standards. 본문내용 nancial Reporting 4. IFRS and India Contents < 1. National accounting background > ●Indian accounting background India is a common law country: there are no specific laws. ● Accounting development India was influenced by British. Companies law and the Accounting profession are major sources of financial accounting standard. 1857 : The first companies act was legislated. -1866 : First law (relati