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Applicability of Accounting Standard 18 (Audit)

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This query is : Open

( Querist )
12 June 2010

Please let me Know wether Accounting Standard-18 is Applicable to Non-corporates(i.e. Partnership firms)? If yes then w.e.f which date?

I want to know about it for a firm who's turnover is above 50crores and also its borrowing are above 10crores



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