AS 21
This query is : Resolved
15 September 2009
Suppose a Private Limited Co. is having two Subsidiaries (wholly owned) and also the holding co. is a level one co.
Then plz let me know whether it is compulsory to prepare Consolidated accounts along with the standalone accounts of the holding Co.
if its not compulsory to prepare, why?
Then plz let me know whether it is compulsory to prepare Consolidated accounts along with the standalone accounts of the holding Co.
if its not compulsory to prepare, why?
15 September 2009
yes, you have to prepare Consolidated Financial Statements.
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