Revised schedule 6

This query is : Resolved 

13 September 2012 can u just tell me where the audit fees payable be mentioned as per revised schedule 6

13 September 2012 it will be shown in current liabilities

14 September 2012 Under current liabilites where


16 September 2012 Under line item called 'short term provisions'.

19 October 2012 The correct heading would be to treat these under current liabilities as similar to Trade Payables. These services are being rendered by a third party and meets the defintion of a Trade Payable. It is not correct to put it under Short Term Provisions becuase these are not the provisions under AS-29.
Thanks for the considerations



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