Start learning 50% faster. Sign in now
After a general election and formation of a new government, a list of senior Lok Sabha members prepared by the Legislative Section is submitted to the Minister of Parliamentary Affairs, who selects a pro tem speaker. The appointment has to be approved by the President.
A company revalues its foreign currency receivable at the closing rate on balance sheet date. Under which Ind AS is this required?
It is essential to standardize the accounting principles and policies in order to ensure
An Indian exporter receives a payment of USD 50,000 when the exchange rate is ₹83/USD. At the year-end, the rate drops to ₹80/USD and the amount is ...
A foreign subsidiary reports its accounts in USD. On consolidation, the holding company translates the figures into INR. Which rate should be used for i...