International financial reporting standards convergence in the Indian context: Insights from practitioners

The purpose of this paper is to first, understand the existing status of Indian Accounting Standards (Ind-AS) and its convergence from the perspective of accounting practitioners in India; and second, to elucidate the benefits and challenges while implementing Ind-AS. The paper exemplifies the Ind-AS convergence to International Financial Reporting Standards (IFRS) thereon cited as Ind-AS. The study considers exploratory research design and uses an in-depth interview approach, a qualitative research method of 32 practitioners in India from a heterogeneous group of 6 regulating institutions, 8 conglomerate companies and 18 audit firms including the Big four. The preparedness of the Ind-AS transition was studied from the perspective of accounting practitioners interviewed revealing three critical perspectives. First, the respondents believed that a greater understanding of the benefits of IFRS convergence can be built by professional education and proper training. Second, the main challenges reflected by the respondents on the implementation of Ind-AS can be summarised in two key areas: the complexity and interpretation of the accounting standards, since there are fundamental differences between IFRS and the converged Ind-AS. Third, by strengthening the regulatory framework for monitoring, enforcing accounting and auditing requirements concerning listed companies.     

多指标正交试验优选炮苍耳子中酚酸类成分的提取工艺

目的 优选苍耳子中酚酸类成分的最佳提取工艺。方法 以苍耳子浸膏得率、5种酚酸类成分及总酚酸的含量为指标，通过正交试验设计，优选出苍耳子中酚酸类成分的最佳水提取工艺。结果 所优选出的最佳提取工艺为10倍量水，浸泡30 min，提取3次，每次90 min。其中提取次数对提取工艺的影响，差异具有统计学意义（P＜0.05）。结论 所选用的提取工艺稳定、简便、可靠，为进一步提取苍耳子中酚酸类成分提供实验参考。