Non-Compliances related to components of Profit & Loss Statement

CA Rakesh Ishi , Last updated: 14 October 2022  
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1. REVENUE RECOGNITION It was noted from the accounting policy of revenue that the element of financing has not been considered if the credit term is consistent with market practices. As per above-stated paragraph of Ind AS 18, it was viewed that when consideration for sale of goods constitute

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CA Rakesh Ishi
(Working at Private Company)
Category Accounts   Report

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