Accounting treatment related to mutual funds
This query is : Resolved
Atchyuta.sai kumar
(Querist)
08 July 2020
Dear sir,
As per AS-13 all long term investments are valued at COST unless there is permanent diminution in value.
What is the year end accounting treatment for long term investments in mutual funds by private limited company (INDAS not applicable)
What is the accounting treatment for mutual funds as per INDAS
Thanks & Regards,
SAI KUMAR
+919642414296
As per AS-13 all long term investments are valued at COST unless there is permanent diminution in value.
What is the year end accounting treatment for long term investments in mutual funds by private limited company (INDAS not applicable)
What is the accounting treatment for mutual funds as per INDAS
Thanks & Regards,
SAI KUMAR
+919642414296
09 August 2020
https://www2.deloitte.com/content/dam/Deloitte/in/Documents/audit/in-audit-ind-as-32-and-ind-109-financial-instruments-noexp.pdf
https://www.mca.gov.in/Ministry/pdf/IndAS28_2019.pdf
https://mca.gov.in/Ministry/pdf/Ind_AS32.pdf
https://www.mca.gov.in/Ministry/pdf/IndAS28_2019.pdf
https://mca.gov.in/Ministry/pdf/Ind_AS32.pdf
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