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WebApr 1, 2024 · Ind AS-1 describes the framework for the presentation of the financial statements. In many ways, it is an accounting guideline written with the intent of paving … WebJun 2, 2024 · The removal of extraordinary event concept from IFRS and US-GAAP was followed in India through Para 87 of Ind AS 1 which was drafted to direct that “An entity shall not present any items of income or expense as extraordinary items, in the statement of profit and loss or in the notes”. great lakes naval base police
ICAI - The Institute of Chartered Accountants of India
Web4 hours ago · Faf du Plessis was left shell-shocked at Aman Khan's incredible catch during RCB vs DC clash. Delhi Capitals' bowling all-rounder Aman Khan produced a sensational … WebJul 10, 2015 · 6. IAS Name of the Standard Year AS Name of the Standard Year 1 Disclosure of Accounting Policies 1974 1 Disclosure of Accounting Policies 1979 2 Valuation and … WebNov 16, 2024 · AS 1 refers to the disclosure of accounting policies. It states that an enterprise needs to disclose significant accounting policies followed by it to prepare and present its financial statements. This is because a business entity’s state of affairs gets significantly impacted by the accounting policies used in preparing its financial statements. great lakes naval base photo phone number