A STUDY ON THE EFFECTIVENESS OF INTERNATIONAL FINANCIAL REPORTING STANDARD (IFRS) IMPLEMENTATION AS A SUBJECT IN UNIVERSITY OF CALICUT
Keywords:
IFRS, IFRS Implementation, Effectiveness and Teachers MotivationAbstract
In the present scenario of globalization, there is always flow of goods, services, capital, and technology from one country to another. So the role of multinational corporations is increasing day by day. More than 3600 multinational companies are started their businesses in different sector in India. These Indian business establishments are presenting their financial statements as per IFRS, Indian GAAP, USGAAP, and Japan GAAP etc. To avoid this type of inconvenience, the accounting bodies are thinking of a global accounting language, that is called IFRS. India is also decided to converge with IFRS by developing a standard which is called Ind AS. To give awareness about IFRS, Calicut University implemented IFRS as a subject of study to commerce students, especially B.com finance students. This paper aims to know, whether the implementation is effective among students. Besides that the researcher tries to test, whether the teacher’s motivation is effective or not.
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