Select Your Location
The Securities Exchange Board of India has released guidelines for asset management companies to comply with Indian Accounting Standards (Ind AS). This step was taken post the amendment of Mutual fund rule. According to Ind AS, the amendment had made it mandatory for the AMCs to maintain financial statements and accounts of mutual fund schemes from 1st April 2023.
Under the new guidelines, the new circular states that the companies will have to prepare an opening balance sheet on the date of transition and the comparatives as required by Ind AS.
SEBI: Mutual fund schemes to comply with Ind AS
No need to wait for few hours to get the delivery of physical book. Fill the details and download it now!
Easy to carry unlimited number of books wherever you go!
You may search anything you need to know within a book and for this; you just need to type a keyword to find the word easily.
Stay updated with all the latest legal updates. Just enter your email address and subscribe for free!