Prior period expenses
This query is : Resolved
22 September 2012
What is Prior Period expenses? Please Solve my Quaries.
25 September 2012
Income or Expenditure which arise in the current period as a result of error or omissions in the preparation of the financial statements of one or more prior periods.
For more detail refer AS-5.
Link Attached
www.mca.gov.in/Ministry/notification/pdf/AS_5.pdf
For more detail refer AS-5.
Link Attached
www.mca.gov.in/Ministry/notification/pdf/AS_5.pdf
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