can u tell me accounting treament if any contingent liability occur after balance sheet date
SUDHIR & PRADEEP JI (CA FINAL+LLB + DISA) (2299 Points)
13 April 2010can u tell me accounting treament if any contingent liability occur after balance sheet date
Payal Gupta
(article assistant)
(176 Points)
Replied 14 April 2010
uski tratment AS-4 ke accordingly karenge
check it's existence/ evidence existed or not, also check it's materiality & is there any statutory requirements till balancesheet
Payal Gupta
(article assistant)
(176 Points)
Replied 14 April 2010
i think only disclosures karenge
consult with other also