QuestionsCategory: SA-700sir insurance companies banking companies are not required to follow schedule III whether they come under special purpose frame work
Rachit RastogiRachit Rastogi asked 5 years ago
1 Answers
RaviRavi Staff answered 5 years ago

no special purpose framework is one which is for few specific users of financial statements 
format of banking and insurance is used by large numbers of users of financial statements