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Investment in NPOs/trusts

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1359 Points Joined October 2021
does AS-13 include investment in NPOs and trusts
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On 09 February 2023 at 20:33 Report
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Chartered Accountant
86505 Points Joined April 2011
AS 13 deals with accounting for investments made by an enterprise in another enterprise and the disclosure of such investments in the financial statements.

In my view, investment in NGO & trust does not included in AS-13.
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On 09 February 2023 at 21:19
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1359 Points Joined October 2021
Why ?
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On 10 February 2023 at 14:22
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Chartered Accountant
86505 Points Joined April 2011
Because there is return on investment
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On 10 February 2023 at 16:44
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1359 Points Joined October 2021
Ok and does AS-13 include investment in sec 8 company??
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On 10 February 2023 at 16:58

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