For following the converged Indian Accounting Standards for the specified companies from 1st April, 2011, what is the date at which date the net worth will be calculated?
Related Questions
- When the first interim financial statements are prepared under the Indian Accounting Standards converged with IFRS, under which standards will the comparative ones be presented?
- Will the tax authorities take cognisance of financial statements prepared as per Indian Accounting Standards converged with IFRS for the purposes of filing tax returns?
- Whether the companies covered in the 2nd or 3rd phase for application of the converged Accounting Standards can voluntarily opt to apply the same earlier?
