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BRILLIANT’S Accounting Standards 53

enterprises and related disclosure require- {S>ñŠbmoOa H$s MMm© H$aVm h¡&
ments.
This standard does not deal with: `h ñQ>¢S>S>© {ZåZ{b{IV na MMm© Zht H$aVm h¡…
(a) The base for recognition of interest, (a) AS 9 _| gpå_{bV B§doñQ>_|Q²>g na A{O©V ã`mO,
dividends and rentals earned on {S>{dS>|S²>g VWm {H$am`o Ho$ [aH$p½ZeZ Ho$ {bE AmYma&
investments which are covered by AS 9.
(b) Operating and finance lease. (b) Am°naoqQ>J VWm \$m`Z|g brO&
(c) Investments of retirement benefit plans (c) [aQ>m`a_|Q> ~oZr{\$Q> ßbm§g VWm bmB\$ B§í`moa|g
and life insurance enterprises. E§Q>aàmBOog H$m {Zdoe&
(d) Mutual funds and venture capital funds. (d) å`yMwAb \§$S²>g VWm d|Ma H¡${nQ>b \§$S²>g&
AS-14: Accounting for Amalgamations AS-14: A_mëJ_oe§g Ho$ {bE AH$mC§qQ>J

This accounting standard deals with `h AH$mC§{Q>§J ñQ>¢S>S>© A_mëJ_oeZ H$s pñW{V _|
accounting to be made in books of transferee Q´m§g\$ar H§$nZr H$s ~wŠg _| H$s OmZo dmbr AH$mC§qQ>J na
company in case of amalgamations.
MMm© H$aVm h¡&
This standard is not applicable in case of `h ñQ>¢S>S>© eo`g© Ho$ A{YJ«hU H$s pñW{V _§o bmJy
acquisition of shares when one company
Zht hmoVm h¡ O~ EH$ H§$nZr Xÿgar H§$nZr Ho$ eo`a H$m
acquires / purchases the share of another A{YJ«hU/ H«$` H$aVr h¡ VWm EŠdm`S>© H§$nZr H$m {dKQ>Z
company and the acquired company is not
dissolved and it continues to exist as seperate Zht hmoVm h¡ VWm BgH$s n¥WH$ BH$mB© H$m ApñVËd ~Zm
entity. ahVm h¡&
The standard is applicable when acquired `h ñQ>¢S>S>© bmJy hmoVm h¡ O~ EŠdm`S>© H§$nZr H$m
company is dissolved and separate entity cease {dKQ>Z hmoVm h¡ VWm n¥WH$ BH$mB© H$m ApñVËd g_má hmo
to exist and the purchasing company carries OmVm h¡ VWm nMo©qgJ H§$nZr EŠdm`S>© H§$nZr H$m ì`mnma
on the business of acquired company.
Omar aIVr h¡&

AS-15: Employee Benefits AS-15: Eåßbm°`r ~oZr{\$Q²>g
The objective and the scope of the standard ñQ>¢S>S>©> Ho$ CÔoí` VWm joÌ {ZåZ{b{IV h¢…
are as under:
Objective: The objective of this standard CÔoí`… Bg ñQ>¢S>S>© H$m CÔoí` Eåßbm°`rO ~oZr{\$Q²>g
is to prescribe the accounting and disclosure Ho$ {bE AH$mC§qQ>J VWm {S>ñŠbmoOa H$m dU©Z H$aZm h¡&
for employee benefits. The statement requires Bg ñQ>oQ>_oÝQ> _| à{Vð>mZ H$mo {ZåZ{b{IV H$mo [aH$½ZmBO
an enterprise to recognise. The employee
benefit as: H$aZm Amdí`H$ hmoVm h¡& Eåßbm°¶r ~oZr{’$Q²>g h¢…
(a) A liability when an employee has (a) EH$ bm`{~{bQ>r O~ EH$ Eåßbm°`r H$mo ^{dî` _| ^wJVmZ
provided service in exchange for employee {H$`o OmZo dmbo dmbo Eåßbm°`r ~oZr{\$Q²>g Ho$ ~Xbo _|
benefits to be paid in the future.
godmE± àXmZ H$s OmVr h¢&
(b) An expense, when the enterprise (b) EH$ EŠgn|g O~ à{Vð>mZ Eåßbm°`r ~oZr{\$Q²>g Ho$
consumers the economic benefit arising ~Xbo _| EH$ Eåßbm°`r Ûmam àXmZ H$s J`r godm go
from service provided by an employee in CËnÝZ Am{W©H$ bm^ H$m Cn`moJ H$aVm h¡&
exchange for employee benefits.