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Your Queries on Financial Reporting and Assurance

January 5, 2018[2018] 89 taxmann.com 25 (Article)
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DEF Limited is required to prepare its financials as per IFRS (issued by IASB) as part of a commitment under a shareholder agreement. Our statutory financials are prepared as per Indian GAAP. DEF Limited is a parent company and has five subsidiaries out of which four are wholly owned subsidiaries and the fifth one being a majority controlled company.
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