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Archive: June, 2020

Posts in June, 2020

Indian Accounting Standard (Ind AS) 7

June 1, 2020 1671 Views 0 comment Print

Indian Accounting Standard (Ind AS) 7 Statement of Cash Flows# (This Indian Accounting Standard includes paragraphs set in bold type and plain type, which have equal authority. Paragraphs in bold type indicate the main principles.) Objective Information about the cash flows of an entity is useful in providing users of financial statements with a basis […]

Indian Accounting Standard (Ind AS) 2

June 1, 2020 3702 Views 0 comment Print

Indian Accounting Standard (Ind AS) 2 Inventories# (This Indian Accounting Standard includes paragraphs set in bold type and plain type, which have equal authority. Paragraphs in bold italic type indicate the main principles.) Objective 1 The objective of this Standard is to prescribe the accounting treatment for inventories. A primary issue in accounting for inventories […]

Indian Accounting Standard (Ind AS) 1

June 1, 2020 5700 Views 0 comment Print

Indian Accounting Standard (Ind AS) 1 Presentation of Financial Statements# (This Indian Accounting Standard includes paragraphs set in bold type and plain type, which have equal authority. Paragraphs in bold type indicate the main principles). Objective 1 This Standard prescribes the basis for presentation of general purpose financial statements to ensure comparability both with the […]

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