Impact of IFRS on Indian Insurance Industry

Download or read book Impact of IFRS on Indian Insurance Industry written by Kajal J. Savaliya and published by LAP Lambert Academic Publishing. This book was released on 2014-07-23 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: Break down of cross border barriers have encouraged the need to move towards a single set of consistent and understandable financial information reporting standards. There is also need to set single global language for accounting in world. There are many countries who have adopted the International financial reporting standard and therefore matter of convergence to IFRS has gained increasing importance in India as well. Introduction to International financial reporting standard provides the basic explanations of International financial reporting standard convergence with Indian GAAP. It discusses various aspects of challenges relating with the Indian insurance industry after Convergence of International financial reporting standard. It covers a research based work in which it examine the impact of IFRS on insurance industry performance. It will also serve the graphical presentation of questions and applied various statistical tests on forming of hypotheses.