Please Help: AS
Posted Date : 29-Dec-2013 , 03:47:42 pm | Posted By jimit
Is AS20 applicable to all companies or only listed ones??
Category : Accounts | Answers : 3 | Comments : 2 | Hits : 199
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
sandeep Kaushik
30-Dec-2013 , 11:19:00 amAs 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.
SUBHASH KUMAR JHA
30-Dec-2013 , 06:47:05 pmas-20 is applicable to all companies but partial exemption is allowed to smc level ii & iii