Applicability of as to non-corporate entities

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Applicability of as to non-corporate entities
Query (Issue) Started By: - Bijay Shrestha Dated:- 20-10-2016 Last Reply Date:- 21-10-2016 Accounting - Auditing
Got 1 Reply
Companies Law
Is .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... it legally mandatory to follow AS for Non-corporate entities like Proprietors, firms, etc. (Other than Companies) like companies?? is there any legal consequences or punishments if they do not use A .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... S issued by ICAI? because in many cases they have their own set of accountings and policies. Please kindly advise. Read more at: http://www.caclubindia.com/forum/applicability-of-as-to-non-corporat .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e-entities-374184.asp Reply By Ganeshan Kalyani: The Reply: In my view accounting standards are applicable to both corporate and non-corporate as well.
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X