there is a long term liability but we don't know when it will be paid. then how the same will be discounted?
there is a long term liability but we don't know when it will be paid. then how the same will be discounted?
Someone please respond
Fair value of financial liability is based on estimated cash flow, so entity need to estimate the repayment in case if contract is silent on repayment
SSGS and Associates
Chennai
CA Inter
View Details
Karia Overseas
Ahmedabad
CA
View Details
T R SOOD & CO
New Delhi
CA Inter
View Details
CAclubindia
