Basics of IndAS

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....eriod; (SOCE) * Statement of cash flows for the period; * Notes, comprising significant accounting policies and other explanatory information; * A balance sheet as at the beginning of the preceding period when an entity applies an accounting poilices retrospectively, make retro when it reclassifies items in its financial statements. Other Comprehensive Income Other Comprehensive Income ref....

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....nsion plans gain or losses Reclassification adjustment - Reclassify amounts that were recognized in OCI in current or previous periods to the statement of profit or loss. example - Foreign currency translation reserve (FCTR), which arises due to foreign currency changes in translating a foreign operation financial statement into functional currency of the entity. * Items that will not be recla....