Share application money received after balance sheet

This query is : Resolved

TRIPATI (Querist)
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22 July 2013 Hello Sir

Is there requirement to disclose share application money received after balance sheet date as per AS-4 as this materially effect our buisness because its increase the faith of investor in our buisness more.

Thanks in advance

Ajay Mishra

Ajay Mishra (Expert)
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22 July 2013 Hi

Any amount received after closing of year and before the adoption of balance sheet will not take part in balance sheet and it will be consider in current financial year balance sheet.

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