alleryStart learning →A company skipped interim reports in a year. Its annual statements:
ACannot conform to Ind AS
BConform only after an audit
CMust be restated at year end
DCan still conform to Ind AS
Answer & Solution
Correct answer: D. Can still conform to Ind AS
Each report is judged on its own, so missing or non-compliant interim reports do not stop the annual statements from complying.
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