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Top Stories & Updates on Accounts & Audit

Provision for gratuity being an ascertained liability couldn't be considered while computing book profit for MAT
06 December 2019
AS 9: Revenue from sale of event tickets to be recognised once event takes place; not when tickets are sold
05 December 2019
AS 9: Do not disclose accounting policy for profit on sale of investment under “Revenue Recognition Policy”
03 December 2019
AS 3: Sources of financing & investing activities cannot be netted in Cash Flow Statement
30 November 2019

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