" Profit is the gross flux of cash, receivables, or other consideration arising in the course of an enterprise's ordinary…
This AS 18 defines disclosure criteria for: Related party relationships; and Transactions between a reporting entity and its related parties.…
AS 13 Accounting for Investments is a widely used standard that governs the accounting for investments in a company's financial…
AS 7 Construction Contract defines and specifies the accounting treatment of revenue and expenditures associated with a construction contract. Construction…
AS 10 Property, Plant, and Equipment prescribes the accounting treatment for properties, P&E (Plant and Equipment) so that financial statement…
AS 15 Employee Benefits covers all types of employee benefits, as well as all forms of compensation supplied by an…