Whether Deferred tax/Misc. Expenses is to be considered in assets while calculating net worth ? If yes,why?
Whether contingent liability is to be deducted from net assets,while using net assets method?
Whether Deferred tax/Misc. Expenses is to be considered in assets while calculating net worth ? If yes,why?
Whether contingent liability is to be deducted from net assets,while using net assets method?
Whether Deferred tax/Misc. Expenses is to be considered in assets while calculating net worth ? If yes,why?
No it should not be considered while calculating the net worth.
But in CA final SFM PM. in merger & acquisition chapter,same is considered.
CAclubindia
