Accounting standard
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 July 2012
in which AS investment in equity dealt with?
AS 13 or AS 30? Had investment in equity part in AS 13 withdrawn?
AS 13 or AS 30? Had investment in equity part in AS 13 withdrawn?
05 July 2012
yes its withdrwan and is now covered under AS-30,31,32
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 July 2012
but sir in the RTP by ICAI for may 2012 exam it was published that from 1/4/2011 onwards in case of entities to which INDAS not applicable the status of AS 30 will be " To the extent of accounting treatment covered by any of the existing AS the existing AS would continue to prevail over AS 30" so in that case where investment in equity would be dealt???
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