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1 Answers
RaviRavi Staff answered 1 year ago

Generally applicable framework which management follows is based on AS or IND AS, these standards are popular and we don’t need to explain more about them, mere reference is sufficient.
But if FRF is different from AS or IND AS based for example, joint venture does accounting as per JV agreement then, we should explain more about such FRFs which are not well know.  So that users get proper understanding.

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