Accounting Standards AS - 1
Accounting Standards AS - 1
Accounting Standards AS - 1
AS -1
• Going Concern
• Consistency
• Accrual System
Are followed then no specific disclosure is required but if any
of the above are not followed then such facts needs to be disclosed.
AS-2
It classifies inventories as
AS-4
The amount of contingent loss should be provided for in the
P&L Account if :
AS-5
AS-6
AS-16