Insurance company
$AcH!n G (Still Running for My Destination) (1036 Points)
31 January 2012$AcH!n G (Still Running for My Destination) (1036 Points)
31 January 2012
surendra
(article)
(55 Points)
Replied 31 January 2012
prior period items are items-
1. which arises in current year.
2. due to error or ommition in previous year.
and disclosure required for this is-
1. shown under same head in p/l a/c in activity to which they relates.
2.as prior period items.