Easy Office
Easy Office

As-21

This query is : Resolved 
Profile Image

Profile Image

(Querist)
11 August 2012 A CLOSELY HELD LIMITED COMPANY (LEVEL III -SMC) HOLDS 80% OF EQUITY OF A PVT LTD CO.
PLEASE CONFIRM:
AS-21, CONSOLIDATED FINANCIAL STATEMENTS WILL APPLY OR NOT ?
Profile Image

CA.Sourabh Sethia

Profile Image

CA.Sourabh Sethia (Expert)
11 August 2012 what is the Level of the company in which the company holds 80% shares
if it is Level I company then it is covered
by AS-21
Profile Image

PIYUSH SINGLA

Profile Image

PIYUSH SINGLA (Querist)
11 August 2012 IF IT IS LEVEL III ONLY THEN ?
Upgrade to CAclubindia Pro. Subscribe Now!

Profile Image

CA.Sourabh Sethia

Profile Image

CA.Sourabh Sethia (Expert)
11 August 2012 if it is Level III then AS-21 is not applicable
Profile Image

PIYUSH SINGLA

Profile Image

PIYUSH SINGLA (Querist)
11 August 2012 THANKS FOR YOUR VALUABLE SUGGESTION.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links