Doubt

A/c entries 527 views 3 replies
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Is accumulated profit, funds of transferror company is transfered to transferee company in case of amalgamation?

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On 17 October 2011 at 15:51 Report
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BCom CA DISA Forensic Auditor
288 Points Joined August 2007
The accounting treatment for these items depends upon the nature of Amalgamation! Refer the AS concerned!
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On 17 October 2011 at 22:47
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Finance - FP&A
564 Points Joined January 2011

depends on the nature of amalgamation!!!

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On 18 October 2011 at 23:12
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Audit Manager
327 Points Joined July 2009

If it is Pooling of interest method then it will be transferred.

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On 19 October 2011 at 13:27


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