Results For The Quarter And Year Ended ...

Tata Consultancy Services announced that it has elected to apply International Financial Reporting Standard 9, financial instrument, from April 1, 2013, in accordance with the transaction provisions set out in this standard.

This will prove a boost to India since the country's economic model is based on influx of foreign capital, Hoogervorst tells ET in an interview. Adoption of International Financial Reporting Standards (IFRS) will enhance foreign investors' confidence in the ...

Revising its earlier road map, ICAI has recommended that companies, having net worth of over Rs 500 crore, implement new accounting standards that converge with global norms from April 1, 2016. The Institute of Chartered Accountants of India (ICAI), the ...

could look at adopting international accounting standards IFRS in the long term based on how the converged norms work out, according to ICAI. Rather than adopt the International Financial Reporting Standards (IFRS), India at present is only looking to ...

Finance professionals in India need to be well-versed with IFRS accounting norms but much work and education is required in this regard, global body for professional accountants ACCA's chief Helen Brand said. The Association of Chartered Certified Accountants ...

Successfully Transitioning to the Cloud with 38% Constant Currency Growth in Non-IFRS Cloud Subscriptions and Support Revenue WALLDORF, Germany, April 17, 2014 /PRNewswire via COMTEX News Network/ -- -- Fast Cloud Growth Ahead of Annual Outlook ...

Though SAP's ( SAP -2.1% ) non-IFRS cloud subscription/support revenue rose 32% Y/Y in Q1 (even with Q4's rate) to €221M, its traditional software license revenue fell 5% to €623M after growing 1% in Q4. Much like archrival Oracle's 2013 ...

Thomson Reuters is the world's largest international multimedia news agency, providing investing news , world news , business news , technology news , headline news, small business news , news alerts, personal finance , stock market , and mutual ...

German business software maker SAP AG (SAP: Quote) recorded a 3% growth in first-quarter 2014 profit attributable to owners of parent to 534 million euros, or 0.45 euros per share, from 520 million euros, or 0.44 euros per share, in the year-ago ...