Financial Assets

This query is : Resolved 

05 March 2009 What are financial assets ?

Give the example...

05 March 2009 Everything other than fixed assets and inventory is a financial asset.
Can i know the context in which ur asking?

06 March 2009 Reply specific....

I do not think. By ur answer do u mean that debtors, staff aqdvance, DTA, etc are financial asset ?

I m asking with reference to AS 30, 31, 32


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