Gratuity for previous years
This query is : Resolved
17 December 2012
Sir, There is a listed company currently not providing for Gratuity since 8 years. Auditors have qualified the audit report. Now the company wants to provide for same. How should we account it? will it be prior period item or can we charge it to general reserve?
17 December 2012
it is prior period item.. mistake by error and ommission......
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