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AS application

saurabh singh tomar (student) (27 Points)

03 August 2021  
Please advice Which accounting standards are applicable on builders..

 3 Replies

Sourav (Student) (23870 Points)
Replied 03 August 2021

AS 7 shall be applicable

saurabh singh tomar (student) (27 Points)
Replied 03 August 2021

I think AS 7 deals with contractor... Not with builders, m i right?

Sourav (Student) (23870 Points)
Replied 03 August 2021

Yes but for builders also AS 7 and AS 9 should be appt

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