remuneration paid to director shall be covered under as -18 as payment to key management personnel
Amit Gupta
(Loosening Myself)
(1508 Points)
Replied 31 August 2011
Yes..Any payment to the specified persons of any nature are covered by AS 18 and should be disclosed under notes to accounts.
ARUN KUMAR
(Financial Consultant )
(992 Points)
Replied 01 September 2011
OFF COURSE ,IT'S COVERED ACCOUNTING STANDARD 18 ISSUED BY ICAI.
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
CAclubindia
