Hi,
I came across with normallization of accounts (rather Income statement). It is something like converting GAAP to non - GAAP.
I just want to know as to:
What excatly it is?
How it is done?
Why it is done?
When it is done?
Is it done in Indian accounting statements of the companies too?
Please advise.
Would be really grateful
Thanking you.
Hi All,
Please please reply to this query....Need it urgently...
Havent received any response....
Thanks
Hi,
Refer the below mentioned link and check Chapter no. 4 of the same.
https://books.google.co.in/books?id=K68r2hvQMtgC&pg=PA87&lpg=PA87&dq=normalization+in+GAAP&source=bl&ots=kkVV50sjJL&sig=jn7D3eTgq98FVXr_3JTg7vgjgjg&hl=en&ei=y5x4ToKROMrtrQeipcyfCw&sa=X&oi=book_result&ct=result&resnum=1&ved=0CBwQ6AEwAA#v=onepage&q=normalization%20in%20GAAP&f=false
@ Ateeq
hey thnx a lot for your response....should help out ..
Thnks again..
CCI
Pro
CAclubindia
