Course / Course Details
Students should know Basic Knowledge of Financial Accounting and Golden Rules of Accounting. Open for only commerce and management students.
The course aims to understand the dynamics of the convergence of Indian GAAP accounting standards to international financial reporting standards, primarily focusing on carve-in (what's new) and carve-out (what's left out).
After completion of the course, students are able to
1. Differentiate the changes in accounting standards
2. Understand treatment for different transactions
3. Apply the converged accounting standards to accounting practice.
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