What is the difference between carve-out and CARVE-IN?
7 Replies
ACCOUNTANT
(Student)
(559 Points)
Replied 03 February 2020
Carve outs - sale outs and carve-ins - mergers. .. Is this also correct. .. Please provide further explanation. . Thank you
ACCOUNTANT
(Student)
(559 Points)
Replied 03 February 2020
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
Prachi Bansal
(3134 Points)
Replied 19 April 2021
Can you please explain carve-in and carve-out with the help of examples?
yasaswi gomes
(My grammar is 💯 good I)
(7296 Points)
Replied 19 April 2021
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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