alleryStart learning →From which date could any company voluntarily adopt Ind AS?
A1 April 2016
B1 April 2014
C1 April 2015
D1 April 2017
Answer & Solution
Correct answer: C. 1 April 2015
Rule 4(1)(i) lets any company apply Ind AS for accounting periods beginning on or after 1 April 2015.
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Related questions
Under Rule 4, Ind AS binds companies in preparing statements and auditors in what?A small associate of a first-phase company must apply Ind AS from?A company in the process of listing has net worth of Rs 600 crore. Ind AS from?An unlisted entity with the minimum Rs 250 crore net worth begins Ind AS on?At precisely Rs 500 crore net worth, an unlisted entity adopts Ind AS beginning when?ICAI, which houses the Accounting Standards Board, was formed under what?The ICDS notified in February 2015 relate to what?Before Ind AS, Indian companies followed which accounting framework?