Consolidation of FS in terms of US GAAP
This query is : Resolved
CA Anand Sarda
(Querist)
06 November 2009
We have subsidaries in US. we consolidate our accounts in terms of Indian GAAP. My question is do we need to prepare consolidated FS in terms of USGAAP just because we got US Subsidiary.
If not , then when an Indian Company has to prepare and present the accounts in terms of US GAAP?
If not , then when an Indian Company has to prepare and present the accounts in terms of US GAAP?
CA Anand Sarda
(Querist)
09 November 2009
Its highly appreciable friends, if anyone could help me.
Its highly appreciable friends, if anyone could help me.
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