IFRS in India - jb nagar cpe study circle of wirc of icai

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IFRS in India – Its Status, Overview of Concepts and Impact in IndiaAnnexure 2: Common adjustments from Indian GAAP to IFRSCurrent Liabilitiese. Accounting of Forward Cover – NewQ The company has entered into forward contracts having its gross premium20 for a period of 6 months. As on the year end 3 months has expired, thecompany amortized Rs.10 under Indian GAAP, it also obtained Mark toMarket on the said forward cover for the remaining term of maturity wherethe Market Value is Rs.16.AnswerA Cr NW 6, Cr NI 6Rakesh Agarwal Slide 78
IFRS in India – Its Status, Overview of Concepts and Impact in IndiaAnnexure 2: Common adjustments from Indian GAAP to IFRSRevenuea. Entitlement basisQ Oil Extracted but another venturer at MV 100. The company shall lift theextra quantities in subsequent month. Presume impact of depletion andother operating cost as 20AnswerA Cr NW 80, Cr NI 80Rakesh Agarwal Slide 79
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Transitioning to IFRSIFRS across th
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The Preface and The FrameworkPrefac
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Essentials of IFRSConversion Approa
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IFRS in India - jb nagar cpe study circle of wirc of icai

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