What is the difference between carve-out and CARVE-IN?
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CARVE-OUT AND CARVE-IN
Replies (7)
Quick Summary
Carve-outs: items removed
Carve-ins: items inserted
Carve outs - sale outs and carve-ins - mergers. .. Is this also correct. .. Please provide further explanation. . Thank you
What's the context?
With reference to IND AS.... it was said that "Accounting of Entities under common control" Is termed as carve-in and differences which are in deviation to the accounting principles and practices stated in IFRS " Commonly known as carve-outs
Carve-ins: Additional items in IndAS over IFRS/IAS
Carve-outs: Items removed from IFRS/IAS while making IndAS.
It's not that what you're saying, merger, etc.
Can you please explain carve-in and carve-out with the help of examples?
You can find samples of them in the annexures of some standards which discloses differences in nomenclatures of IndAS and IFRS etc.
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