Page 21 - IC46 addendum

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25. As compared with AS3, what additional
aspects are covered by IND AS10 in
respect of events occurring after
reporting period:

a. In IND AS10 material, non-adjusting events
are required to be disclosed in the financial
statements, whereas in AS4 the same needs
to be disclosed in the report of approving
authority.

b. As per IND AS10 dividend proposed or
declared after reporting period, cannot be
recognised as liability in the financial
statements.

c. As per AS4 proposed dividend needs to be
adjusted in financial statements as
prescribed in schedule VI of companies act.

d. IND AS10 requires that disclosures should be
made in balance sheet regarding going
concern or the reason why the entity is not
regarded as going concern.

e. All above.

26. As compared with AS5, what additional
aspects are covered by IND AS8 in
respect of loss or profit for the period or
prior period items:

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