Indas 1 Presentation Of Financial Statement Caknowledge
IndAS 1: Presentation of Financial Statement Till date, no format has been prescribed for Presentation of Financial Statement as per Indian Accounting Standard. There is an exposure draft on it which is not yet approved. Financial Statement comprises of:- (a)Balance Sheet as at the end of the period;(b)Statement of Profit and Loss for the period;(c)Cash Flow Statement for the period; and(d)Notes. Balance Sheet Balance sheet include Statement of change in equity which is presented as a part of the Balance Sheet....