In Pakistan, financial statements of limited companies are prepared according to ______?

پاکستان میں ، ______ کے مطابق محدود کمپنیوں کے مالی بیانات تیار کیے جاتے ہیں؟

Companies Ordinance 1984

International Accounting Standards adopted in Pakistan

Both A and B

None of these

In Pakistan, financial statements of limited companies are prepared under the Companies Ordinance 1984 (now replaced by the Companies Act 2017).

They must also comply with International Accounting Standards (IAS) and International Financial Reporting Standards (IFRS) adopted in Pakistan.