Accounts

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Querist : Anonymous (Querist)
19 April 2013 top 500 bse companies who has changed their accounting policies from mercantile to cash basis.?

20 April 2013 All companies have to follow Accounting standards notified by NACAS (National Advisory Committee on Accounting Standards)

and as per AS-09

Revenue should be recognized on Accrual basis except as stated in AS

If any company diverted from same, shall be stated in accounting policy with reasoning




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