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compliance guidelines

Excellent commerce point > compliance guidelines
Accounting Standards​
30
Sep

Accounting Standards Question 1.Write short note:Recognition of Govt. grants related to specific fixed assets (PPE). (June 2017, 4 marks)Answer:Recognition of Govt. grants related to specific fixed assets (PPE):Grants received specifically for fixed asset(PPE) is disclosed in the financial statement either(i) by way of deduction from the gross block of the asset concerned, thus granted recognized […]

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Tags: Accounting Principles , accounting rules , Accounting Standards , business transparency , compliance guidelines , Financial Reporting , Financial Statements , GAAP , IFRS , regulatory framework ,