Financial reporting Chapter 6 has been revised as per AS 32..
2 Replies
Sathish M
(Management Accountant)
(40581 Points)
Replied 22 February 2016
****clarification****
Better to state it as "Ind AS 32 - Financial Instruments - presentation " because AS 30,31 & 32 is not applicable for May 2016 examination.
Please Note:
Ind AS 32 “Financial Instruments: Presentation”, Ind AS 107 “Financial Instruments:Disclosures” and Ind AS 109 “Financial Instruments” have been made applicable to the topic ‘Accounting and Reporting of Financial Instruments’ instead of AS 30 “Financial Instruments: Recognition and Measurement”, AS 31 “Financial Instruments: Presentation” and AS 32 “Financial Instruments: Disclosures”.
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