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Indian Accounting Standard (abbreviated as Ind-AS) is the Accounting standard adopted by companies in India and issued under the supervision of Accounting Standards Board (ASB) which was constituted as a body in the year 1977. ASB is a committee under Institute of Chartered Accountants of India (ICAI) which consists of representatives from government department, academicians, other professional bodies viz. ICAI, ..
Topics: Accounting • Accounting standards • Accounting systems • Business • Economy • Financial regulation • IFRS 1 • IFRS Foundation • Indian Accounting Standards • Institute of Chartered Accountants of India • International Accounting Standards Board • International Financial Reporting Standards