Accounting · Accounting Standards in India
Arrange the following developments related to accounting standards in India in chronological order: A. Formation of Accounting Standards Board (ASB) by ICAI B. Introduction of Indian Accounting Standards (Ind AS) converged with IFRS C. Establishment of Institute of Chartered Accountants of India (ICAI) D. Mandatory implementation of Ind AS for certain companies
- 1C, A, B, D✓
- 2A, C, B, D
- 3C, B, A, D
- 4A, B, C, D
Correct answer
C, A, B, D
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