This report discusses the similarities and differences between the accounting standards followed in India and Sri Lanka. It also highlights the pros and cons of the accounting standards followed in both countries. The report provides an overview of the accounting standards followed in India and Sri Lanka, and discusses the similarities and differences between them. The pros and cons of the accounting standards followed in both countries are also discussed.

Literature Review (25%)/Seminar Presentation (5%)

This assignment is a group assignment for the course MA619 Accounting Research. It requires a literature review and seminar presentation, with a weight of 30 percent and a total of 30 marks. The word limit is 3,000 words. The assignment must be submitted via Turnitin in Ms Word format, with specific formatting requirements. APA referencing style must be used for citing sources.

Compare accounting standards in India and Sri Lanka with pros and cons in this Financial Analysis Report.

Accounting Financial Analysis Report | Desklib

Accounting Financial Analysis Report

Companies act

The Accounting Standards Board (ASB) of The Institute of Chartered Accountants of India (the ICAI) welcomes the Exposure Draft on ‘Onerous Contracts- Cost of fulfilling a contract’ (Proposed amendments to IAS 37, Provisions, Contingent Liabilities and Contingent Assets) and broadly agrees with the proposed clarifications.

Institute of Chartered Accountants of India

ICAI's Comments on IASB's Exposure Draft 'Onerous Contracts- Cost of fulfilling a contract - Proposed amendments to IAS 37'

Management Accounting

This research project is conducted to learn accounting standards and norms typically followed in India and Sri Lanka. The purpose of the research is to evaluate the accounting standards of Sri Lanka and India. Thus, identify the standards and their impact on the organizations, the research considers two different organizations such Coal India Limited in India and Ceylon Steel Corporation in Sri Lanka.

Hartpury University and Hartpury College

Finance

Data Science and Big Data

Political Science

Comparison of Accounting Standards of Coal India Ltd in India and Ceylon Steel Corporation in Sri Lanka

Current Developments In Accounting Thought

This report analyzes recent changes in accounting practices and standards, focusing on the impact of new measurement policies and the exposure draft of IAS 16. It discusses the effects of these changes on financial statements and provides comments on the proposed amendment.

Charles Sturt University

Developments in Accounting Practices

This report analyzes the various effects of IFRS adoption on financial reports in Australia, including conservatism, financial statement quality, earning management, and more. The study shows that IFRS has greatly improved the standards of accounting in Australia, enhancing the credibility of firms and attracting more investors. The report also highlights the practical contributions of IFRS adoption, such as attaining consistent information on assets, measuring the readability of financial statements, and assessing the length of financial reports.

Accounting Financial Analysis Report

ICAI's Comments on IASB's Exposure Draft 'Onerous Contracts- Cost of fulfilling a contract - Proposed amendments to IAS 37'lg...

Comparison of Accounting Standards of Coal India Ltd in India and Ceylon Steel Corporation in Sri Lankalg...

Developments in Accounting Practiceslg...

Impacts of IFRS Adoption in Australialg...

ICAI's Comments on IASB's Exposure Draft 'Onerous Contracts- Cost of fulfilling a contract - Proposed amendments to IAS 37'

Comparison of Accounting Standards of Coal India Ltd in India and Ceylon Steel Corporation in Sri Lanka

Developments in Accounting Practices

Impacts of IFRS Adoption in Australia