Accounting in India is governed by the

Related MCQs

• Indian accounting standards are the International financial reporting standards converged standards issued by the central government of India under the supervision and control of accounting standards board of ICAI and in consultation with __________.
• If the two companies have different accounting policies in respect of the same item, then they make necessary changes to adopt .............. accounting policies.
• If the two companies have different accounting policies in respect of the same item, then they make necessary changes to adopt .............. accounting policies.
• Banking companies are governed in India by ……….
• Banking companies are governed in India by
• Banking business in India is largely governed by the Banking Regulation Act‐‐‐‐‐‐‐‐‐
• ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ in India is largely governed by the Banking Regulation act 1949.
• Banking business in India is largely governed by the ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
• Under Ind AS 16, which two subsequent accounting treatments are allowed subsequently to initial recognition?
• After convergence of Indian accounting standards with IFRS, new standard issued for preparing the cash flow statement is: