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AS 20
what is the meaning of "non corporate entities whose shares are listed in recognised stock exchanges in india" who will be covered under accounting standard 20 ......
Replies (3)
AS-20 IS APPLICABLE ON ALL COMPANIES,
WHERE FROM U GOT THESE WORD
"non corporate entities whose shares are listed in recognised stock exchanges in india"
NON CORPORATE ENTITIES NEVER LISTED IN RSE IN INDIA
SME which are level 1 & level 2 enterprises have been relaxed from disclosure requirement of diluted EPS.
am i right sir.plz clarify me
level 1 and level ii enterprises are classified by ICAI however this classification is not applicable to the companies covered by classification made by companies 9 Accounting standared( Rules, 2006.
Therefore Level I,II AND III is applicable only non corporate assessee that is partnership firm, society, trust etc.
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