When AS-30,31, and 32 will be applicable
3 Replies
Aairathan
(CA Final)
(73 Points)
Replied 14 June 2012
basic provisions will be applicable for N12 exam.
Pranab Roy
(Chief Manager (F&A))
(29 Points)
Replied 15 June 2012
I want to know when it will be applicable in practice (for preparation of P/L and B/S of a company)
Sanjay Chauhan (IFRS)
(IFRS)
(2714 Points)
Replied 29 June 2012
It can be early adopted to the extent it does not overrule accouting requirements of existing ASs.
Thus there is a very small window of early adoption which includes accounting of Cash flow hedges only.
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