Introducing the “In Favour Of” filter in Case Laws.
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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Non-Ind AS companies' financial statements must follow specified Accounting Standards, with matching auditor compliance duties required.</h1> Every company to which Indian Accounting Standards under the Companies (Indian Accounting Standards) Rules, 2015 do not apply, and its auditor(s), must comply with the Accounting Standards in the manner specified in the Annexure, and those Accounting Standards must be applied in preparing the company's financial statements; non-Ind AS companies are thereby mandatorily required to prepare financial statements in accordance with the specified Accounting Standards, with corresponding auditor compliance obligations.
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