Dear All,
We are doing Aduit of Pension Fund. Is AS 13 - Accounting for Investment applicable to the said fund ??. Point 2 of the said Standard syas that it does not deal with Investments of Retirement benefit plan.
Please Reply.
Menu
AS - 13 Applicable or Not ????
Replies (3)
Dear Dhiren,
AS-15 Accounting for Retirement Benefits is dealt with the pension fund, Not AS-13.
regards,
ratan
Dear Ratan,
Thanks for Fast Reply.
Ya we know that AS - 15 is applicable in our case. During the Year Pension Trust Received Contribution from it's Memeber and same amount is invested in Bonds and FDR. We want to know about Applicability of AS - 13 for Accounting of Investment transaction for Pension Fund Trust.
agree with ratan as-15 ( retirment benefit is applicable)
Recent Threads
- ITC availment relationship
- Challan confusion in ITR B block return
- U/s 23 (2)(a) and 23 (2)(b)
- Building a Strong Financial Foundation: Key Accoun
- Long Term Capital Gains for shares
- Hiring Company Secretary Manager with 2 Years of P
- Updated Return _ Deduction
- Turf Club Veterinary Department. Procurement Manua
- I have wrongly shown itc in reclaimable itc inste
- Help reqd in getting Professional Tax challan
Related Threads
CAclubindia
