Question

What are the salient features of Indian accounting standard

Answer 1

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Briefly discuss its salient features; structure ,current status, Legislative change required to implement IndAS etc. Practical challenges to it from – revenue recognition, financial instruments and fixed asset accounting etc.

Answer 2

Explanation:

structure ,current status, Legislative change required to implement IndAS etc. Practical challenges to it from – revenue recognition, financial instruments and fixed asset accounting etc.