Dhankar, Raj S. and Chakladerb, Barnali and Guptac, Amit (2015) Implementing IFRS from the perspective of public sector banks in India. In: International Conference on Accounting Studies (ICAS) 2015, Aug 17-20, 2015, Thistle Johor Bahru Hotel, Johor, MALAYSIA.

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Abstract

This study examines the perception of Public Sector Banks in India towards the implementation of IFRS.The paper provides insights into the IFRS adoption process based on a questionnaire sent to Public Sector Banks in India in 2015. The 291 responses received indicates: (1) Loan Impairment will affect the bank’s financial performances; (2) transparency of the results of the Banks will be increased; (3) global operations of the Banks will be impacted in positive direction; (4) the accessibility of the Global Capital Market will increase; (5) corporate governance aspect of the banks will increase; (6) the quality of financial information provided to the regulators and shareholders will improve; (7) the comparability aspect of financial statements will increase; (8) market capitalization of banks will improve; (9) the training needs of the staff will increase; (10) the opportunities for the accounting professionals will expand; (11) the flow of FDI in the banking sector will increase

Item Type:	Conference or Workshop Item (Paper)
Additional Information:	ISBN 978-967-0910-09-3 Organized by: School of Accountancy, Universiti Utara Malaysia.
Uncontrolled Keywords:	Public Sector Banks (PSBs), IFRS, Ind AS, ICAI, NACAS, IAS
Subjects:	H Social Sciences > HF Commerce > HF5601 Accounting
Divisions:	Tunku Puteri Intan Safinaz School of Accountancy (TISSA)
Depositing User:	Mrs. Norazmilah Yaakub
Date Deposited:	14 Mar 2016 01:16
Last Modified:	13 Apr 2016 04:19
URI:	https://repo.uum.edu.my/id/eprint/17578

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