please tell the reason why As 2 is not applicable to
livestock, agricultural products, minerals, ores and
wip of service providers
AS2 is not applicable on WIP for service providers
I think because a specific standard is set in respect of the same (AS9: Revenue recognition in respect of services)
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
View Details
CAclubindia
