• Nitin Sareen
• Prof.(Dr.) Atul Joshi
• Prof.(Dr.) Manoj Upreti

Companies use the International Accounting Standards Board's (IASB) International Financial Reporting Standards (IFRS) to put together their financial records. This makes it easy to understand and compare the financial statements of different businesses in different countries. It also gives users of financial statements information that is important and useful. Instead of adopting IFRS, which would have meant the end of accounting standards, India has chosen the convergence path. In this case, a new set of financial rules is made that are mostly the same as IFRS. But the IFRS are changed to fit the way people use them and the way business is done in the country. These standards that are the same are called Ind. As. The Indian Ministry of Corporate Affairs (MCA) put out a notice on February 16, 2015, about the Companies (Indian Accounting Standards) Rules, 2015. The new Indian Accounting Standards, which are a converged form of the international financial reporting standards (IFRS), will be used in India over time. The convergence of accounting standards with IFRS is expected to lead to better disclosure by Indian businesses that is in line with best practices around the world. In this situation, the current study gives an overview of the financial effects of using Ind. As by WIPRO Ltd., an India-based public limited company.

- Accounting Standards, IASB, Convergence, IFRS, Ind. As.

"Convergence of Accounting Standards with International Financial Reporting Standards: Analysis of Financial Statements of WIPRO LTD. ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 5, page no.215-225, May-2019, Available :http://www.jetir.org/papers/JETIR1905Y30.pdf

"Convergence of Accounting Standards with International Financial Reporting Standards: Analysis of Financial Statements of WIPRO LTD. ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 5, page no. pp215-225, May-2019, Available at : http://www.jetir.org/papers/JETIR1905Y30.pdf