A permitted departure must disclose the Ind AS title and what else?
AThe share price effect of departure
BThe nature of departure and treatment required
CThe names of the directors who agreed
DThe auditor's fee for the departure
Answer & Solution
Correct answer: B. The nature of departure and treatment required
Disclosure includes the Ind AS title, the nature of the departure, the treatment the standard would require, the reason and the treatment adopted.
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