The convergence of the Indian Accounting Standards with IFRS began in

Related MCQs

• After convergence of Indian accounting standards with IFRS, new standard issued for preparing the cash flow statement is:
• 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 __________.
• Accounting standards and Standards on Auditing establish standards which have to be complied with to ensure that financial statements are prepared in accordance with ______.
• How many IFRS are in force as of now?
• What is the transition date of IFRS in India?
• IFRS….. deals with business combination
• International Public Sector Accounting Standards were issued by
• 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.
• Whether financial reviews by management, environment reports and value added financial statements are outside the scope of international financial reporting standards (IFRSs)?