A study of differences in financial performance under Indian GAAP and IFRS: Case of Wipro company

In this article investigator used financial statement of Wipro Company as at April 1, 2008 and March 31, 2009 and compared this statements based on IFRS as well as Indian GAAP to make out the differences and calculate the ratio of changes by using of this formula: Ratio = (x2-x1)/x1 X 100. By using of above formula investigator have considered the ratio of changes in some of financial statements items which were included in financial statement of Wipro Company, to find out the significant among the items while using IFRS and Indian GAAP paired sample T.Test has been used.