ACCOUNTING STANDARD

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Vinay Kumar Bansal (Querist)
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29 September 2009 Can anybody tell me about AS-18
please send me full as on my email id

my email id is
jeewan1980singh@gmail.com

thanks in advance

vinod kumar lalwani

vinod kumar lalwani (Expert)
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30 September 2009 Hi, Accounting standard 18 is about to disclosures about transactions between related parties in financial statements of the companies where there is and also in case of entities where control is there between 2 companies even there is no transactions between those companies disclosures are required to be there in the financial statements.

beware this accounting standard is only about disclosures and nothing is given about accounting treatment.

mail id is lalwani_kumar@yahoo.co.in