stdClass Object ( [id] => 8141 [paper_index] => EW201801-01-002259 [title] => IMPACT OF IFRS ON EMPLOYEE BENEFIT ACCOUNTING AND DISCLOSURE PRACTICES IN INDIAN COMPANIES [description] =>
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[author] => Shiran Khan [googlescholar] => https://scholar.google.co.in/citations?user=KeqZGcIAAAAJ&hl=en [doi] => [year] => 2018 [month] => January [volume] => 6 [issue] => 1 [file] => eprapub/EW201801-01-002259.pdf [abstract] =>

Indian economy has entered a new threshold with the advent of reforms in the fields of accounting, taxation, trade and commerce. Introducing Ind AS in Accounting, GST Bill in Taxation, liberalization and globalization policies in trade and commerce are major significant steps towards aligning Indian economy to the global world. Rapid integration of the Indian economy with rest of the world over  a decade give an urgent need to the firms to adhere with the Ind AS because in order to access over the foreign stock market the firms has to harmonize their financial statements with the financial reports of multinational corporations. It not only provide the easy availability of fund at cheaper cost but also creates a confidence in foreign investors leading to more FDIs. Employees are one of the most important factor in an organization hence accounting for employee benefit is a vital item in financial statement. Employee benefit is one of the most difficult issues that accountants and standard setters have to deal with. This paper is an attempt to focus on the reform of Ind AS 19 of Accounting for Employee Benefit. It explore the difference in IFRS and AS on accounting for employee benefit and also the impact and implications of IFRS on accounting for employee benefit and its disclosure in Indian companies.

KEYWORDS: IFRS, Ind AS 19, AS 15, Employee Benefit Accounting, ICAI

[keywords] => [doj] => [hit] => 2104 [status] => [award_status] => P [orderr] => 9 [journal_id] => 4 [googlesearch_link] => [edit_on] => [is_status] => 1 [journalname] => EPRA International Journal of Economic and Business Review(JEBR) [short_code] => IJES [eissn] => 2347-9671 (O), 2349-0187(P) [pissn] => [home_page_wrapper] => images/products_image/12.JEBR.png ) Error fetching PDF file.