ANJALI NEGI (Chartered Accountant) (1263 Points)

19 April 2013  

hello friends,

"As per SA-700 Forming an opinion and reporting on Financial Statements (REVISED) Management may depart from requirements of financial reporting framework to achieve fair presentation of Financial statements  but this is possible only in very few cases." Can anyone please give me a suitable example to clear out this stanza...Reply  soon