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Accounting treatment for directors remuneration

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Company Secretary
109 Points Posted on 16 July 2016
Hi, The query is regarding treatment of Directors Remuneration in the final accounts of the company. Will the amount paid as Remuneration to directors be reflected in the Profit and loss account? If yes, under which head will it be included. Kindly Clarify
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On 16 July 2016 at 15:36 Report
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CMA
13117 Points Posted on 16 July 2016
yes, it will appear under indirect expenses
92 Reply
On 16 July 2016 at 15:50
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Company Secretary
109 Points Posted on 16 July 2016

Thank you madam.

Can you please clarify as to whether it can be shown under the head "Employee benefit expenses" or not...?

 

Thanks and Regards

Vignesh P

 

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On 16 July 2016 at 15:57
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CMA
13117 Points Posted on 16 July 2016
if such director is an employee, then yes
92 Reply
On 16 July 2016 at 16:01


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