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Applicability of AS 15

Stat Audit 1909 views 3 replies

Hi

Is there any restriction of no. of employees for applicability of "AS 15 - Employee Benefit" ?

Replies (3)

Yes, If any enterprise whose average number of persons employed during the year is less than 50 then it is not applicable.

https://icai.org/resource_file/102451354-1400.pdf

 

 

Thanks Mr. Prakash.

AS 15 is also applicable to enterprises employing less than 50 employees with exceptions of certain provisions .


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