Who notified the adoption and applicability of Indian Accounting Standards (Ind ASs) to Indian companies ?

CS Executive · Corporate and Management Accounting · PYQS · June 2022
Who notified the adoption and applicability of Indian Accounting Standards (Ind ASs) to Indian companies ?
(A) Ministry of Finance, GOI
(B) Ministry of Commerce, GOI
(C) Ministry of Corporate Affairs, GOI
(D) Accounting Standards Board, ICAI

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Corporate Accounting

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