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Significantly Simplified Accounting Standards Applicability Criteria for Non-company MSMEs

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Respected members

On the basis of the inputs received from all of you through the outreach programs to simplify accounting standards, the Accounting standard board of ICAI has “significantly simplified the accounting standards applicability criteria for Micro and small size non-company entities”.

This marks a new era for ease of compliance for chartered accountants serving the micro and small non-company entities.

Click the link below to access the detailed announcement:

Announcement

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