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Ind AS

Ind AS

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**Ind AS**

What is Ind AS?

Ind AS, or Indian Accounting Standards, are a set of accounting standards notified by the Ministry of Corporate Affairs (MCA) in India. They are converged with International Financial Reporting Standards (IFRS). Ind AS prescribes the principles for the recognition, measurement, presentation, and disclosure of financial statements, ensuring companies in India adhere to globally accepted accounting practices. This promotes transparency and comparability of financial information.

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