SCH VI Vs. AS-1

AS-1: Requires Disclosure of Significant Accounting Policies.

SCH VI: There is no requirement of Disclosure if Significant Accounting Policies.

Remarks: SCH VI does not deal in totality with all the all the issues relating to presentation and Disclosure of Financial Statements.

Replies (1)

follow one either AS or schv1

but give note for other

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