Treatment of proposed dividend
kamal samtani (student) (46 Points)
07 July 2014
Kindly, Help me on what should be the treatment of proposed dividend. Refernce is also required.
Thank you.
kamal samtani (student) (46 Points)
07 July 2014
CA. Roopali Kadam
(Jobs on assignment basis.)
(1453 Points)
Replied 07 July 2014
AS 4 Contingencies & Events Occurring after the BS date
Para 14.
Dividends stated to be in respect of the period covered by the financial statements, which are proposed or declared by the enterprise after the balance sheet date but before approval of the financial statements, should be adjusted.
kamal samtani
(student)
(46 Points)
Replied 09 July 2014
CA. Roopali Kadam
(Jobs on assignment basis.)
(1453 Points)
Replied 09 July 2014
When there is conflict between AS and Rev Sch VI, AS prevails
CA. Roopali Kadam
(Jobs on assignment basis.)
(1453 Points)
Replied 09 July 2014
https://www.mca.gov.in/XBRL/pdf/Guidance_Note_Rev_ScheduleVI.pdf
Ref: above link
Pg 5 Para 4.1.1
Pg 55 Para 8.8.7.7
kamal samtani
(student)
(46 Points)
Replied 09 July 2014
kamal samtani
(student)
(46 Points)
Replied 09 July 2014
kamal samtani
(student)
(46 Points)
Replied 17 July 2014
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
