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Please Help: AS

Posted Date : 29-Dec-2013 , 03:47:42 pm | Posted By: Jimit

Category : Accounts | Answers : 3| Comments : 2| Hits: 289

Is AS20 applicable to all companies or only listed ones??

Answers:
   Answer by: Vikash Kumar Jha
As per Revised Schedule VI it applicable for all companies.
   Answer by: Shankygarg
yes , AS 20 IS APPLICABLE FOR ALL LISTED & NON -LISTED CO.
   Answer by: Surendra Kumar Dash
AS20 is applicable to both listed & Unlisted companies.
Comments
Posted By : SUBHASH KUMAR JHA 30-Dec-2013, 06:47:05
as-20 is applicable to all companies but partial exemption is allowed to smc level ii & iii
 
Posted By : Sandeep Kaushik 30-Dec-2013, 11:19:00
As 20 applicable on lised companies, But Schedule-VI of Companies act appliable on all companies and due this EPS should be reported by every co.which is calculated by as per AS-20. hence, we can say AS-20 applicable also on non listed companies. for any clarification you can refer to Guidance Note issued by ICAI in this regard.
 

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