International Journal of Research and Scientific Innovation (IJRSI)
IFRS S1 and S2: A Global and Indian Perspective with Implications for Auditors
Published September 27, 2025 • Vol. 12, Issue 9, pp. 2676–2679Open Access
DOI: 10.51244/IJRSI.2025.120800236
Abstract
This article outlines the framework and purpose of IFRS S1/S2, contrasts them with India's BRSR framework, and examines how their implementation will impact auditors and financial reporting in Indian accounting (Ind AS). We determine that the ISSB standards establish a demanding benchmark for sustainability reporting, requiring auditing professionals to acquire new skills (such as carbon accounting and climate risk modeling) to verify this information.
Keywords: IFRS S1, IFRS S2, global, Indian perspective, auditors.
| Journal | International Journal of Research and Scientific Innovation (IJRSI) |
|---|---|
| ISSN | 2321-2705 |
| Volume / Issue | Volume 12, Issue 9 |
| Pages | 2676–2679 |
| Publication date | September 27, 2025 |
| DOI | 10.51244/IJRSI.2025.120800236 |
| Publisher | RSIS International |
| License | Open Access |
How to cite this article
Kapileshwar Bhalla, & Subhrangshu Sekhar Sarkar (2025). IFRS S1 and S2: A Global and Indian Perspective with Implications for Auditors. International Journal of Research and Scientific Innovation (IJRSI), 12(9), 2676-2679. https://doi.org/10.51244/IJRSI.2025.120800236
BibTeX
@article{Kapileshwar2025,
title = {IFRS S1 and S2: A Global and Indian Perspective with Implications for Auditors},
author = {Kapileshwar Bhalla and Subhrangshu Sekhar Sarkar},
journal = {International Journal of Research and Scientific Innovation (IJRSI)},
volume = {12},
number = {9},
pages = {2676--2679},
year = {2025},
doi = {10.51244/IJRSI.2025.120800236},
publisher = {RSIS International}
}