Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Accounting and Auditing Financial Statements Analysis Indian Accounting Standards and IFRS
Which of the following is excluded from the responsibility of the International Accounting Standards Board (IASB) ?
1
Harmonization and convergence of Accounting Standards
2
Promulgation and adaption of Generally Accepted Accounting Principles (GAAP).
3
Promulgation of International Accounting Standards.
4
Promulgation and gaining acceptance of International Financial Reporting Standards (IFRS).