IND AS Balance-Sheet
renuka (Student) (480 Points)
13 May 2019renuka (Student) (480 Points)
13 May 2019
Fareeha Jabeen
(Articled Assistant)
(160 Points)
Replied 13 May 2019
Hey Renuka!
The balance sheet on the transition date is to quantify the cumulative effect of retrospective application of Ind AS. So you don't have to prepare another balance sheet (including Statement of changes in equity) as on 01-04-2018.
Have a nice day!