Question
As an auditor you came across a situation where related
party transactions have taken place. Which AS deals with it?Solution
Related party transactions are covered under Accounting Standard (AS) 18, which is titled "Related Party Disclosures." AS 18 provides guidelines for identifying and disclosing transactions between an entity and its related parties in the financial statements. The standard outlines the definitions of related parties and the disclosures that need to be made in the financial statements to ensure transparency and proper representation of the financial position and performance of the entity.Â
What is the study of the interactions between living organisms and their environment called?
_____________ is used by fraudsters to install malware through public ports in customers mobile –:
To check the presence of adulterated sugar solution in honey, a cotton wick dipped in the sample is ignited with a match stick. Adulteration is confirme...
The number of seats reserved for Members of the Anglo-Indian Community in the Lok Sabha is
Where is India's first Night Sky Reserve, proposed as the Dark Sky Reserve, located?
The National Food Security Act (NFSA) was enacted in which year by the Government of India?Â
The famous physicist Victor Franz Hess is known for the discovery of:
Which of the following country’s team had won the FIFA World Cup 1978?
Which one of the following ornament is not worn in hands? Â Â
Match the following states with their respective ranks at the Khelo India Youth Game 2023 and choose the correct code.
States Their Ranks
...
