Comparative figures in annual report

Indian Accounting Standards 299 views 1 replies

Hi Fellows

I have observed that in the Annual Report of the company I have selected have the prepaid expense of INR 4.18crores in 2018 annual report but in the Annual Report of 2019, there are prepaid expenses of INR 16.17crores in 2018 as a comparative.

This is the case for many figures like the cost of sales, Revenue, EPS, etc

I have read the full Annual Report but I couldn’t find any notes regarding the same

Also if you can highlight the reason behind the inconsistency in figures ??

 

Replies (1)
What does prepaid expense mean?
It is shown as an Asset .
Under Current Asset head.


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