Accounting Standard AS 11 applicability extended to cover accounting periods commencing 7th December 2006 through 31st March 2020. The Companies (Accounting Standards) Amendment Rules, 2011 substitute paragraph 46 of Accounting Standard (AS) 11 to amend the terminal date of the specified accounting-period window, thereby extending the period during which the transitional provision in AS 11 regarding the effects of changes in foreign exchange rates applies; the amendment takes effect on publication in the Official Gazette.
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Provisions expressly mentioned in the judgment/order text.
Accounting Standard AS 11 applicability extended to cover accounting periods commencing 7th December 2006 through 31st March 2020.
The Companies (Accounting Standards) Amendment Rules, 2011 substitute paragraph 46 of Accounting Standard (AS) 11 to amend the terminal date of the specified accounting-period window, thereby extending the period during which the transitional provision in AS 11 regarding the effects of changes in foreign exchange rates applies; the amendment takes effect on publication in the Official Gazette.
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