accounting standards


This query is : Resolved 

(Querist)
01 July 2010 prior period items, extra ordinary items should be disclosed in such a way that the impact on the financial statements can be percieved easily...
Sir Practically how it should be dealt in p&l a/c.

Rasesh (Expert)
02 July 2010 By way of showing a seperate line item in the profit and loss account, after profit after interest and depreciation.


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