WebHence, the Company’s stand is not recording the Asset at all, is not in accordance with Ind AS 20. 13. Loans at less than market rate of interest A Limited received from the government a loan of Rs. 50,00,000 @ 5% payable after 5 years in a bulleted payment. The prevailing market rate of interest is 12%. Interest is payable http://kb.icai.org/pdfs/PDFFile5b27918d49f105.94328705.pdf
Institute of Chartered Accountants of India
WebInstitute of Chartered Accountants of India (ICAI), as a proactive role in accounting, … WebApr 7, 2024 · Ind AS 34 does nope specify which entities musts publish an interim corporate report. This is generally a matter for relevant law and government regulations. Ind AS 34 applies if an entity following Ind AS in its annual financial statements publishes an interim financial tell that asserts compliance with Ind AS. how does a variable interest rate work
Accounting Standards - MCA
WebBooks. 1 Mulla Indian Contract Act Pdf decaops com. CA CPT Alma Matters. Indian Capital Market Regulators Role and Functions. Ministry Of Corporate Affairs Government ... Government of India The ICAI is the second largest professional body of Chartered Accountants in the world with a strong tradition of service to the Indian economy in WebInd AS 20: Accounting for Government Grants and Disclosures of Government Assistance … WebApr 6, 2024 · The ICAI in India publishes standards for assurance and auditing. To create auditing standards, ICAI established the Auditing and Assurance Standard Board (AASB) in 1982. As a result, the AASB publishes Statements on Standard Auditing Practices and Auditing and Assurance Standards in accordance with the Council's authority. phospholipid test