Tag Archives: Provisions

Provisions, Contingent Liabilities and Contingent Assets Ind AS 37

Indian Accounting Standard (Ind AS 37) Provisions, Contingent Liabilities and Contingent Assets (This Indian Accounting Standard includes paragraphs set in bold type and plain type, which have equal authority. Paragraphs in bold type indicate the main principles). Objective The objective of this Standard is to ensure that appropriate recognition criteria and measurement bases are applied… Read More »