JAIIB AFM Practice Questions - IIBF JAIIB Paper 3 Accounting And Financial Management For Bankers (India) Exam

Indian Accounting Standards (Ind AS) in India are converged with which international framework?

US GAAP only, with no IFRS linkage IFRS issued by the IASB Japanese GAAP exclusively RBI Master Directions as a complete substitute for accounting standards

Correct Answer:

IFRS issued by the IASB

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