IND AS 116: Against the Basic Accounting Principles

Pranav Bansal 510 , Last updated: 18 April 2024  
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IND AS was introduced in India way back in 2015 with the inherent objective of devising a better compliance model and structure for the big Indian conglomerates so that they could prepare their financial statements for true and fair representation. However, there were and still are many flaws in

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