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Applicability of AS

Accountancy

I have watched your video on applicability of AS part one In that video the non corporate entities are classified into 3 Lvl 1,2 and 3 In lvl 1 the first criteria was those entities whose equity or debt securities are listed or in the process of listing....etc.. My doubt is that can a non corporate entity issue equity or debt securities and list them.. Kindly reply


PKM Calicut

PKM Calicut

CA Inter

580

10-Nov-20 12:58

312

Answers (2)

Rare scenarios. A non corporate entity may be in the process of listing.


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

10-Nov-20 15:47

Ok


Thread Starter

PKM Calicut

PKM Calicut

CA Inter

580

10-Nov-20 15:48

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