About this document
May 2020 Advanced Accounting Updates by Suriya Kakani is a document available to read on EtoBox.
The document summarizes recent amendments made by the Ministry of Corporate Affairs to accounting standards in India that are applicable for the May 2020 examination. It outlines amendments made to Schedule III of the Companies Act 2013 regarding classification of assets and reserves. It also describes amendments made to AS 11 on foreign exchange rates and AS 4 on contingencies. Finally, it provides a table comparing paragraphs from the original and amended Companies (Accounting Standards) Rules 2006.
- Author
- Suriya Kakani
- Language
- EN