alleryStart learning →What net worth makes a listed company subject to Ind AS from 1 April 2016?
ARs 100 crore or more
BRs 1,000 crore or more
CRs 500 crore or more
DRs 250 crore or more
Answer & Solution
Correct answer: C. Rs 500 crore or more
Listed companies with net worth of Rs 500 crore or more fall in the first mandatory phase.
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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?