ARCHIVES
VOL. 8, ISSUE 1 (2022)
A Comparative study on impact of reporting about financial performance of tata motors as per AS and Ind AS
Authors
Yashpalsinh Shaktisinh Zala
Abstract
New product launches in recent time are more aligned with customer
requirement specifically in the Automobile Industry. The industry is booming
after removing the restrictions. The automobile industry is largest consumer of
steel, aluminium, zinc alloys, rubber and plastic. Automobile industry becomes
the back bone to the economy which employs 13 million individuals. Best
performer we can say at Global level is Tata Motors which is one of the
Multinational Company who are performance oriented. Honesty revels from every
aspects by this company so for the study of impact measurement due to changing
reporting requirement this is best company for research as compare to other
automobile company. 2016 was the year when company need to change the reporting
format so here in this study we had cover total ten years of period. Five year
before the implementation of Ind AS and five years after the implementation of
Ind AS considers for this study. Ind AS is required for the standardization as
well as for harmonization of accounting policies. Convergence toward IFRS
through the implementation of Ind AS is the best way to reach at global level
during this competitive era. Time will prove that Ind AS is the qualitative way
of Accounting. Ind AS Framework is relevant, honest and faithful representation
of financial statements. The qualitative characteristics are expected to
enhance the value of financial statements. Profitability will show the impact
of changes in reporting requirement from AS to Ind AS other thing might not
much affected in this scenario.
Download
Pages:87-92
How to cite this article:
Yashpalsinh Shaktisinh Zala "A Comparative study on impact of reporting about financial performance of tata motors as per AS and Ind AS". International Journal of Commerce and Management Research, Vol 8, Issue 1, 2022, Pages 87-92
Download Author Certificate
Please enter the email address corresponding to this article submission to download your certificate.