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GAAP Advisors | Ind AS Clinic
Classification of asset and liabilities as Current or Non-current - Ind AS 1 vs Schedule III
This document evaluates a company's compliance with Ind AS 1 (Presentation of Financial Statements) regarding the classification of assets and liabilities as current or non-current. The primary focus is on the discrepancy between Ind AS 1 and Schedule III to the Companies Act, 2013, particularly following an amendment to Ind AS 1 effective ...
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