hello all of you,
can you please tell me whether as per AS-15 loyalty bonus both short term and long term should be mandatorilty valued by an actuary for provision creation in books of accounts or how it is valued?
csamuktha (Chartered Accountant) (118 Points)
13 October 2011hello all of you,
can you please tell me whether as per AS-15 loyalty bonus both short term and long term should be mandatorilty valued by an actuary for provision creation in books of accounts or how it is valued?
Jitender
(Chartered Accountant)
(8724 Points)
Replied 13 October 2011
no, it is not required to valued by actuary