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                  BRILLIANT’S                     Accounting Standards                               51


                  AS-9: Revenue Recognition                   AS-9: aodoÝ`y [aH$p½ZeZ
                      This standard  explains  as  to  when  the  `h ñQ>¢S>S>© g_PmVm h¡ {H$ H$~ amOñd H$mo bm^ VWm
                  revenue should be recognized in profit and loss  hm{Z ImVo _| {b`m OmZm Mm{hE VWm `h ^r ~VmVm h¡ {H$
                  account and also states the circumstances in  {H$Z n[apñW{V`m| _| aodoÝ`y [aH$p½ZeZ H$mo b§{~V {H$`m Om
                  which revenue recognition can be postponed.  gH$Vm h¡&
                      This  standard  guides  the  recording  of  `h ñQ>¢S>S>© {ZåZ{b{IV amOñdm| H$s [aH$m°{S>ªJ H$m
                  following revenues:                         _mJ©Xe©Z H$aVm h¡…
                  (a) Revenue from sale of goods              (a) dñVwAm| Ho$ {dH«$` go amOñd
                  (b) Revenue from rendering of services      (b) godmE± àXmZ H$aZo go amOñd
                  (c) Revenue arising from the use of by others  (c) ã`mO, am°`ëQ>rO VWm {S>{dS>|S²>g CËnÝZ H$aZo dmbo
                      of enterprise resources yielding interest,  à{Vð>mZ Ho$ AÝ` g§gmYZm| Ho$ Cn`moJ go CËnÝZ
                      royalties and dividends.                    amOñd&
                      Note: An enterprise should also disclose    ZmoQ>… EH$ à{Vð>mZ H$mo CZ n[apñW{V`m| H$mo ^r àH$Q>
                  the  circumstances  in  which  revenue      H$aZm  Mm{hE  {OZ_|  aodoÝ`y  [aH$p½ZeZ  _hÎdnyU©
                  recognition has been postponed pending the
                  resolution of significant uncertainties.    A{ZpíMVVmAm| Ho$ g_mYmZ b§{~V {H$`o J`o h¢&
                  AS-10: Accounting  for  Property  Plant     AS-10: àm°nQ>u ßbm§Q> VWm BpŠdn_|Q²>g (PPE) Ho$
                  and Equipments (PPE)                        {bE AH$mC§qQ>J

                      This standard deals with the asset, which   `h ñQ>¢S>S>© g§n{Îm na MMm© H$aVm h¡ Omo dñVwAm| VWm
                  is - held with intention of being used for the  godmAm| Ho$ CËnmXZ `m àXmZ H$aZo Ho$ CÔoí` Ho$ {bE
                  purpose of producing or providing goods and  Cn`moJ H$aZo Ho$ CÔoí` Ho$ {bE aIr J`r h¡, Z {H$ ì`mnma
                  services, not held for sale in normal course of  Ho$ gm_mÝ` g§MmbZ _| {dH«$` Ho$ {bE aIr J`r h¡ VWm EH$
                  business and expected to be used for more than  go A{YH$ AH$mC§qQ>J Ad{Y Ho$ {bE Cn`moJ {H$`o OmZo H$s
                  one accounting period.                      Anojm H$s OmVr h¡&
                      Disclosure requirement:  The  following     {S>ñŠbmoOa Amdí`H$Vm… \$m`Z|{e`b ñQ>oQ>_|Q²>g _|
                  information should be disclosed in the financial  {ZåZ{b{IV gyMZm {S>ñŠbmoO H$s OmZm Mm{hE…
                  statements:
                    Gross and net book value of PPE at the      ES>reZb, {S>ñnmoOb, EpŠd{Oe§g VWm AÝ` _yd_|Q²>g
                      beginn-ing and end of an accounting period  àX{e©V H$aZo dmbr EH$ AH$mC§qQ>J nr[a`S> Ho$ àma§^
                      show-ing  additional, disposals,  acquisi-  VWm A§V _| nrnrB© H$s J«m°g ZoQ> ~wH$ d¡ë`y&
                      tions and other movements.
                    Expenditure incurred on account of fixed    H§$ñQ´>ŠeZ `m EpŠd{OeZ Ho$ ~rM _| {\$ŠñS> AgoQ²>g
                      assets  in  the course  of  construction  or  Ho$ AH$mC§Q²>g na hþAm ì``&
                      acquisition.
                    Revalued amount substituted for historical   PPE H$s Eo{Vhm{gH$ bmJVm| Ho$ {bE à{VñWm{nV H$s
                      costs of PPE, the method adopted to compute  J`r [ad¡ë`yS> am{e, [ad¡ë`yS> am{e`m| H$s JUZm Ho$
                      the revalued amounts, the nature of indices  {bE AnZm`r J`r {d{Y`m±, Cn`moJ {H$`o J`o gyMH$m§H$m|
                      used, the years of any appraisal made.      H$s àH¥${V, {H$gr {H$`o J`o AmH$bZ H$m df©&
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