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when did ministry of corporate affairs issue ind as
The Ministry of Corporate Affairs, in 2015, stipulated the adoption and applicability of IND AS. The MCA has since issued three Amendment Rules, one each in 2016, 2017, and 2018.
what is the abbreviation IND AS
Indian Accounting Standard (abbreviated as Ind-AS) is the Accounting standard adopted by companies in India.

Question: what preceded it
Self-contained rewrite: what preceded Ind AS