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IndAs wef 01-04-2016, Accounting - Auditing |
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IndAs wef 01-04-2016 |
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As per extant provisions IndAs are applicable on " Listed Companies / Other Companies (with Net Worth ₹ 500 Crore or more) wef 01-04-2016. In second phase i.e. from 01-04-2017 "Listed Companies (those remaining from Phase I) & other companies (with net worth of ₹ 250 Crore or more but upto ₹ 500 Crore) shall be covered. For phase I net worth will be taken taken as on 31-03-2015. Question 1 :- Is above understanding fully correct? Question 2 :- What will be date of Net Worth for Phase II? Question 3 :- A Listed Company ( with net worth March 15 & March 16) being between ₹ 250 Crores & 500 Crores will be covered in Phase II? Posts / Replies Showing Replies 1 to 1 of 1 Records Page: 1
Whether you have got clarified in the above said issue? If not please inform. Page: 1 Old Query - New Comments are closed. |
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