Gudiance Note for treatment of Losses of subsidiary companies plz send me urgent All.
Menu
Losses of subsidiary companies Accounts
Replies (1)
I don't think there is any GN on this subject which deals with accounting treatment to to be accorded to losses of subsidiary accounts. This should be covered by basic principles of consolidation as per AS-21. However, you may refer to GN on Audit of Consolidated Accounts. The file is attached herewith for your easy reference.
Recent Threads
- Login credentials and payment acknowledgement not
- Export sales not realised payment not received fro
- Capital gain account amount utilisation
- Form 26QB – Section 194-IA: TDS on Full Cons
- Indexation Benefit available or not on Calculation
- Documents for return exhibition material
- Can I set off equity losses(both short term loss a
- Input tax credit on rent to rent
- Family Pension Army
- Waste Management services
Related Threads
CAclubindia
