Mandatory applicability of Ind AS to all Banks, NBFCS (Non-Banking Finance Companies), and Insurance Companies is from:

CS Executive · Corporate and Management Accounting · PYQS · December 2019
Mandatory applicability of Ind AS to all Banks, NBFCS (Non-Banking Finance Companies), and Insurance Companies is from:
(A) 1 st April, 2015
(B) 1 st April, 2016
(C) 1 st April, 2017
(D) 1 st April, 2018

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Accounting Standards

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