Accounting standards v/s companies act 1956

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NARENDRA SINGH SHEKHAWAT (Querist)
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02 July 2013 What is the authority level in deciding conflict between Accounting Standards and Companies Act 1956 ????

CMA Ramesh Krishnan (Expert)
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02 July 2013 Companies act will be the authority incase conflict

NARENDRA SINGH SHEKHAWAT (Querist)
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03 July 2013 Thanks for your reply Mr. Ramesh Krishnan, but can you provide me the source.

NARENDRA SINGH SHEKHAWAT (Querist)
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03 July 2013 And sir I am asking about conflict regarding accounting??

CMA Ramesh Krishnan (Expert)
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03 July 2013 Companies act is the final authority for the all conflicts. all other authority comes under that only

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