Accounting · Ind AS
Consider the following statements regarding the roadmap for Ind AS adoption in India: 1) It is mandatory for listed and unlisted companies meeting specified net worth thresholds. 2) Implementation was carried out in a phased manner. 3) It applies mandatorily to all small partnership firms regardless of size. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11 and 2 only✓
- 22 only
- 31 only
- 4All three
Correct answer
1 and 2 only
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