Who among the following has issued various accounting
standards to be followed by the various companies in India?
(1) Registrar of Companies
(2) Ministry of Finance, Government of India
(3) Accounting Standards Board of ICAI
(4) Indian Bureau of Standards
(5) World Trade Organisation (WTO)
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Answer Posted / sudarshan
Its the ASB of ICAI, but wuth effect from 1/4/07 ,
Accounting standards are issued by the Ministry of Corporate
affairs
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