Financial Accounting Project on Accounting Standards

198 explanation Standard (AS) 14 (issued 1994) news report for jointures Contents INTRODUCTION Definitions EXPLANATION Types of Amalgamations Methods of accounting for Amalgamations The Pooling of Interests Method The Purchase Method Consideration discourse of reserves on Amalgamation Treatment of Good allow Arising on Amalgamation Balance of Profit and Loss Account Treatment of reserves Specified in A Scheme of Amalgamation revelation Amalgamation later the Balance Sheet Date accounting system STANDARD The Pooling of Interests Method The Purchase Method Paragraphs 1-3 3 4-27 4-6 7-13 10-11 12-13 14-15 16-18 19-20 21-22 23 24-26 27 28-46 33-35 36-39 Continued../.. 199 Common Procedures Treatment of Reserves Specified in A Scheme of Amalgamation Disclosure Amalgamation after the Balance Sheet Date 40-41 42 43-45 46 The following story Standards translation (ASI) relates to AS 14 also, although it was issued in the context of use of AS 22, Accounting for Taxes on Income: ? ASI 11 - Accounting for Taxes on Income in scale of an Amalgamation The above Interpretation is published elsewhere in this Compendium.

one hundred eighty AS 14 (issued 1994) Accounting Standard (AS) 14* (issued 1994) Accounting for Amalgamations (This Accounting Standard includes paragraphs 28-46 set in bold italic type and paragraphs 1-27 set in plain type, which have pair authority. Paragraphs in bold italic type indicate the important principles. This Accounting Standard should be read in the context of the Preface to the Statements of Accounting Standards 1 .) The following is the text of Accounting Standard (AS) 14, Accounting for Amalgamations, issued by the Council of the Institute of Chartered Accountants of India. This touchstone will come into effect in respect of accounting periods commencing on or after 1.4.1995 and will be required in nature.2 The Guidance Note on Accounting Treatment of Reserves in Amalgamations issued by the Institute in 1983 will stand withdrawn... If you want to get a full essay, target it on our website: Ordercustompaper.com

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