Hi, In case of applicability of Accounting standards, In so many cases it has been mentioned that
" applicable to Non- Corporate entities whose equity shares are listed in a recognised stock exchange"
my doubt is
1. Can a Non-Corporate entity have equity shares
2. If so, can it be listed
3. Can you quote some examples of listed non-coporates please. Thanks in Advance.
I am afraid I have never heard about it ever.
Good Question.
Refer to below. Hope this helps.
WIRC Referencer - Accounting standards Applicability for different types of entities
Karia Overseas
Ahmedabad
CA
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R P S K & Associates
Nashik
CA Inter
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CAclubindia
