Accounting policy w.r.t AS - 15


This query is : Resolved 

04 August 2008 i) Total No. of employees is less than 20.
ii)Period elapsed from the date of
commencement of incorporation of the
Company is less than 5 years.
iii)It is a private limited company.
iv) Company is not providing any retirement benifit scheme including gratuity.
What are the accounting policies and notes on account that the company should follow w.r.t. AS 15 ?

04 August 2008 If the company is not providing any retirement scheme at all, then AS 15 is not applicable. What about the gratuity?

04 August 2008 the company is not making any provision for gratuity.

05 October 2009 Hello, is this an old query still pending? Plz send me a Pm if yes....

05 October 2009 Hello, is this an old query still pending? Plz send me a Pm if yes....


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