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According to Section 133 of the Companies Act, 2013, who recommends accounting standards for adoption by companies?
  • a)
    Institute of Chartered Accountants of India (ICAI).
  • b)
    National Financial Reporting Authority (NFRA).
  • c)
    Ministry of Corporate Affairs (MCA).
  • d)
    Securities and Exchange Board of India (SEBI).
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
According to Section 133 of the Companies Act, 2013, who recommends ac...
Section 133 states that accounting standards, recommended by the Institute of Chartered Accountants of India (ICAI), are prescribed by the Central Government in consultation with and after examination of the recommendations made by the National Financial Reporting Authority (NFRA).
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According to Section 133 of the Companies Act, 2013, who recommends accounting standards for adoption by companies?a)Institute of Chartered Accountants of India (ICAI).b)National Financial Reporting Authority (NFRA).c)Ministry of Corporate Affairs (MCA).d)Securities and Exchange Board of India (SEBI).Correct answer is option 'A'. Can you explain this answer?
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According to Section 133 of the Companies Act, 2013, who recommends accounting standards for adoption by companies?a)Institute of Chartered Accountants of India (ICAI).b)National Financial Reporting Authority (NFRA).c)Ministry of Corporate Affairs (MCA).d)Securities and Exchange Board of India (SEBI).Correct answer is option 'A'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about According to Section 133 of the Companies Act, 2013, who recommends accounting standards for adoption by companies?a)Institute of Chartered Accountants of India (ICAI).b)National Financial Reporting Authority (NFRA).c)Ministry of Corporate Affairs (MCA).d)Securities and Exchange Board of India (SEBI).Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for According to Section 133 of the Companies Act, 2013, who recommends accounting standards for adoption by companies?a)Institute of Chartered Accountants of India (ICAI).b)National Financial Reporting Authority (NFRA).c)Ministry of Corporate Affairs (MCA).d)Securities and Exchange Board of India (SEBI).Correct answer is option 'A'. Can you explain this answer?.
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