accounting standard
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 July 2011
Dear Sir,
Which accounting standard covers accounting during construction period. is there a seperate guidence note for accounting during construction period or project period.
Rgds
Which accounting standard covers accounting during construction period. is there a seperate guidence note for accounting during construction period or project period.
Rgds
11 July 2011
The Council, at its 280th meeting, held on August 7-9, 2008, has decided to withdraw the Guidance Note on Treatment of Expenditure during Construction Period, as the same is no longer relevant in the present day context. In view of the above, AS-10 may be followed.
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