When an entity presents both, consolidated financial statements and separate financial statements as per Ind AS; the disclosures required under Ind AS 33 shall be given in:

CS Executive · Corporate and Management Accounting · PYQS · December 2022
When an entity presents both, consolidated financial statements and separate financial statements as per Ind AS; the disclosures required under Ind AS 33 shall be given in:
(A) Consolidated financial statements only
(B) Separate financial statements only
(C) Both consolidated and separated financial statements
(D) Any of the above

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Accounting Standards

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