Ind As on AP and AR

which Ind as Applicable on account receivable and payable.
Replies (2)
Quick Summary
This discussion clarifies which Indian Accounting Standards (Ind AS) are relevant for accounts receivable and payable. It highlights that Ind AS 109 is applicable, along with standards covering accruals, intragroup current accounts, deferred taxes, and foreign currency transactions.

Ind as 109

Accruals comes from - presentation standard

Intragroup current accounts from - consolidation standard

Deferred taxes standard

Foreign currency standard

 

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