Discussion
____________ prescribes the accounting principles for first-time adoption of Ind AS.
Answer: A
Ind AS 101 prescribes the accounting principles for first-time adoption of Ind AS (First-time Adoption of Indian Accounting Standards). Ind AS 102 deals with share-based payment, Ind AS 103 with business combinations and Ind AS 104 with insurance contracts. Only the standard numbered 101 is the one for the first-time adopter.
No comment is present. Be the first to comment.
Loading…
Post your comment
Please log in or register to post a comment.
Examination Categories
- SSC Exams
- Banking Exams
- Teaching Exams
- Civil Services Exams
- Railways Exams
- Engineering Recruitment Exams
- Defence Exams
- State Government Exams
- Police Exams
- Insurance Exams
- Nursing Exams
- Other Government Exams
- NRA CET
- PG Entrance Exams
- Campus Placement
- MBA Entrance Exams
- CUET and UG Entrance
- Judiciary Exams
- Regulatory Body Exams
- Software Development