CARVE-OUT AND CARVE-IN

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.