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What will be the answer if question contain not going concern and what it's treatment

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Lakki Kamu

Lakki Kamu

CA Inter

3K+

14-May-22

56

Answers (4)

If not a going concern assets valued at realisation value


Suraj Lakhotia

Suraj Lakhotia

Admin

14-May-22

Suraj Lakhotia Admin

If not a going concern assets valued at realisation value

Sir Then what is the amount to be quantified w.r.t change in policy


Thread Starter

Lakki Kamu

Lakki Kamu

CA Inter

3K+

14-May-22

Going concern assumption is not a policy


Suraj Lakhotia

Suraj Lakhotia

Admin

14-May-22

Thread Starter

Lakki Kamu

Sir Then what is the amount to be quantified w.r.t change in policy

Yes it is not a policy....it is fundamental accounting assumption


Sai Prasanna Ch

Sai Prasanna Ch

CA Inter

18K+

14-May-22

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