Question

Which regulatory body has issued accounting standard (as) 1 that deals with the 'disclo-sure of accounting policies'?

Answer 1

Answer:

The Institute of Chartered Accountants of India

Explanation:

The Institute of Chartered Accountants of India has, in Standard issued by it, recommended the disclosure of certain accounting policies, e.g., translation policies in respect of foreign currency items.

Answer 2

Answer:

Which regulatory body has issued Accounting Standard (AS) 1 that deals with the 'Disclo-sure of Accounting Policies'?