Revised schedule 6
This query is : Resolved
13 September 2012
can u just tell me where the audit fees payable be mentioned as per revised schedule 6
13 September 2012
it will be shown in current liabilities
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14 September 2012
Under current liabilites where
16 September 2012
Under line item called 'short term provisions'.
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19 October 2012
The correct heading would be to treat these under current liabilities as similar to Trade Payables. These services are being rendered by a third party and meets the defintion of a Trade Payable. It is not correct to put it under Short Term Provisions becuase these are not the provisions under AS-29.
Thanks for the considerations
Thanks for the considerations
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