CLARIFICATION REQUIRED REGARDING PVT COMPANY HAS HYPOTHECATED THE VEHICLE AND LOAN HAVE BEEN TAKEN AND MONTHLY REPAYMENT HAVE BEEN REGULARLY DEPOSITED
MY QUERY IS WHETHER DISCLOSURE IS REQUIRED TO BE MADE IN ACCOUNTING STANDARD OF LEASES OR
HARIRAM
(Chartered Accountant)
(55 Points)
Replied 29 April 2008
Yes of course. This will be covered under AS-19 and the disclosure aspect needs to be presented.
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)