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Power of board to recognise revnue as per as 9.

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(Querist)
18 June 2012 What are the powers of "board" (management) outlined in AS 9????
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Sanjay Chauhan (IFRS)

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Sanjay Chauhan (IFRS) (Expert)
27 June 2012 There are no powers of board except while making judgement when risk and rewards are passed to third party for recognising revenue.
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abhishek kumar

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abhishek kumar (Querist)
30 June 2012 thank you sir!!! but can not the board on it's own with the help of a resolution entitle the company any income??
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