Applicability of accounting standard 18
This query is : Resolved
Keval Vakharia
(Querist)
16 January 2013
Is Accounting Standard 18 "Related Party Disclosure" applicable to a private company?
Also, whether the applicability of AS 18 different for Level - I, II & III companies?
Note: The private co. in the first question is Level-I enterprise.
Also, whether the applicability of AS 18 different for Level - I, II & III companies?
Note: The private co. in the first question is Level-I enterprise.
Shudhanshu Agrawal
(Expert)
16 January 2013
AS 18 is applicable to Level I entity and all companies.
CA Harish Suwalka
(Expert)
17 January 2013
AS 18 will apply on p ltd Companies
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