AS 18 Related Party Disclosure Revision with Questions | CA Inter Advanced Accounting | CA Sandesh
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AS 18 Related Party Disclosure Revision with Questions | CA Inter Advanced Accounting | CA Sandesh
1 567 просмотров · 1 месяц назад
ArivuPro Academy
107 тыс. подписчиков
1 567 просмотров · 1 месяц назад
AS 18 Related Party Disclosures is a judgement chapter, not a calculation chapter. There's nothing to compute — you're asked whether two parties are related and whether disclosure is required, and most students lose marks by saying yes when the answer is no. In this session, CA Sandesh covers the full standard and then solves the exact scenario patterns ICAI uses.
The trap in this chapter is over-inclusion. A common director does not make two companies related. A major customer does not become a related party through economic dependence. But a transaction at completely normal commercial terms between genuine related parties still needs full disclosure. Knowing which side of the line each situation falls on is the whole chapter.
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