Accounting · Accounting Standards
Accounting Standards in India (other than Ind AS for specified companies) are primarily formulated and issued by which body?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The Institute of Chartered Accountants of India (ICAI)✓
- 2Reserve Bank of India (RBI)
- 3Securities and Exchange Board of India (SEBI)
- 4Ministry of Corporate Affairs (MCA)
Correct answer
The Institute of Chartered Accountants of India (ICAI)
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