prasanthbab
SW consultant
[ Scorecard : 76]
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Posted On 20 October 2009 at 13:14
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Hi Folks,
I am working in ERP, I have a question , related to IFRS standards.
EX:- XYZ company is having multi business units, (Chemicals, Petrolium, Hardwares, Software Consultancy Service, Franchise, Construction, Property development) they want to maintain each business type as seperate subledger as seperate and only one GL book.
1. What are the rules do we need to follow , while finalising Account Vlues as per IFRS Standards.
Regards
Prasanth
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CA. Amit Daga
Finance Controller, CA. CS. CFA. CIFRS. M.COM.
[ Scorecard : 8421]
Forum Moderator
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Posted On 25 October 2009 at 14:23
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IFRS is accounting standard only.. nothing else
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prasanthbab
SW consultant
[ Scorecard : 76]
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Posted On 25 October 2009 at 17:51
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| Originally posted by :CA. Amit Daga |
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IFRS is accounting standard only.. nothing else |
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Hi Amit,
Thanks for your reply, I want to know how to follow IFRS Standards while defining Accounting Values for the menton Group of company.
Regards
Prasanth
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CA. Amit Daga
Finance Controller, CA. CS. CFA. CIFRS. M.COM.
[ Scorecard : 8421]
Forum Moderator
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Posted On 21 November 2009 at 15:28
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your question is not clear to me.. please be clear
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CA. Rishabh Mittal
CA in Practice
[ Scorecard : 1024]
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Posted On 24 November 2009 at 23:33
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Please elaborate your query
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CA. Amit Daga
Finance Controller, CA. CS. CFA. CIFRS. M.COM.
[ Scorecard : 8421]
Forum Moderator
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Posted On 26 November 2009 at 16:05
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Question should be specific
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prasanthbab
SW consultant
[ Scorecard : 76]
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Posted On 26 November 2009 at 16:31
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| Originally posted by :CA. Amit Daga |
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Question should be specific |
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C.A Rohit Gambhir
C.A
[ Scorecard : 234]
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Posted On 12 December 2009 at 23:03
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Hi,
There is still need to follow IFRS. There is a separate standard IFRS 8 which provides guidelines for presenting various segments of business.
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