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Accounting standard

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Querist : Anonymous (Querist)
28 May 2012 If any asset is not in use and the company wants to sell the assets what are all accounting standards are applicable?how it is applicable?
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Sanjay Chauhan (IFRS)

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Sanjay Chauhan (IFRS) (Expert)
29 May 2012 AS 6 - Depreciation : If the asset is retired from use.

Under IFRS, it is IFRS 5.

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