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Thread: Accounting Standard (AS) 19 - Leases

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    Accounting Standard (AS) 19 - Leases notified by NACAS

    AS-19 notified by NACAS (National Advisory Committee on Accounting Standards) is same as Accounting Standard (AS) 19 - Leases issued by ICAI as:

    http://www.knowledgebible.com/forum/...(AS)-19-Leases

    Except for one place -
    As per Accounting Standard 19 issued by ICAI
    in respect of para 22 (c) (e) (f), 25 (a) (b) (e), 37 (a) (f) and 46 (b) (d) are issued as:

    http://www.knowledgebible.com/forum/...(AS)-19-Leases

    As per Accounting Standard 19 notified by NACAS
    In respect of para 22 (c) (e) (f), 25 (a) (b) (e), 37 (a) (f) and 46 (b) (d) Explanation is given below it that
    SMC may not comply with the given points.


    Accounting Standard 19 notified by NACAS as attached:
    Attached Files Attached Files

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