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Q. > Please Help: APPLICABILITY OF IFRS
DEAR ALL, WHICH IFRS APPLICABLE FOR THE CURRENT FINANCIAL YEARS AND....HOW MANY ENTITY OR COMPANY COVERED UNDER INTERNATIONAL FINANCIAL REPORTING STANDERD
1 Answers
answered Jun 24, 2012 by Vikash Kumar Jha , Cuttack
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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