Accounting standard -3
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 October 2012
Whether Accounting standard-3 will be applicable to Pvt.Ltd co?
08 October 2012
The applicability of Accounting Standards to Companies is based on their classification as a "Small and Medium Sized Company (SMC)" or non-SMC which has been defined in the Companies (Accounting Standards) Rules, 2006. If the company in question is a non-SMC then AS-3 is applicable
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