The Institute of Chartered Accountants of India (ICAI) has released the Exposure Drafts of Guidance Notes on Financial Statements of Non-Corporate Entities and Financial Statements of Limited Liability Partnerships (LLPs). The Accounting Standards Board (ASB) of the ICAI in June 2022 had issued Technical Guides on “Financial Statements of Non-Corporate Entities” and “Financial Statements of Limited Liability Partnerships” to deal with…
