DEAR MEMBERS,
PLEASE TELL M E WETHER COMPONENT BASED ACCOUNTING IS MANDATORY IN INDIA FOR COMPANIES ADOPTING IND AS?
THANKS AND REGARDS
1 Replies
Sandeep Garg
(Consolidation and IndAS Application)
(1056 Points)
Replied 30 December 2016
Component accounting is mandatory as per existing AS also and there is no difference in IGAAP and IndAS in this respect.
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