Please Help: APPLICABILITY OF IFRS
Posted Date : 23-Jun-2012 , 05:09:37 pm | Posted By CA. KRISHAN KUMAR SAINI
DEAR ALL, WHICH IFRS APPLICABLE FOR THE CURRENT FINANCIAL YEARS AND....HOW MANY ENTITY OR COMPANY COVERED UNDER INTERNATIONAL FINANCIAL REPORTING STANDERD
Category : IFRS | Answers : 1 | Comments : 0 | Hits : 370
Answers
Answer By: Vikash Kumar Jha
All public interest entities are required to adopt IFRS such as-1. Listed company 2. Banks, insurance companies and financial institutions 3. Borrowing > Rs. 25 crores 4. Turnover > 100 crores and holding or subsidiary of any of above
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