Question
Which organization sets the GAAP standards in India?
Solution
GAAP of India has been established by ICAI in India, just like GAAP has been modified by ICAI in India and FASB in the United States of America.
Question
GAAP of India has been established by ICAI in India, just like GAAP has been modified by ICAI in India and FASB in the United States of America.