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ICAI Opinion for Credit Card Income Recognition Aug 2015

ICAI Opinion for Credit Card Income Recognition Aug 2015

A credit card is a payment card issued to users as a system of payment. It allows the cardholder to pay for goods and services based on the holder’s promise to pay for them. The issuer of the card creates a revolving account and grants a line of credit to the cardholder, from which the user can borrow money for payment to a merchant or as a cash advance.

Expert Advisory Opinion for Credit Card Income Recognition

Know the opinion given by the Expert Advisory Committee of the Institute in response to a query sent by a member. This is being published for the information of readers.

It contains Accounting Treatment of Income from Credit Card Membership and Joining Fees and Credit Card Acquisition/Sourcing costs

Scroll down and download ICAI Opinion for Credit Card Income Recognition Aug 2015


Check out Most Useful Law Charts Books by CA CS Ashish Gupta

Cs Executive – Company Law Chart

Ca Ipcc – Company Law Chart

Ca Final – Company Law Chart [Includes 148 Charts]

Ca Final Corporate And Allied Law Chart [ Includes 109 Charts]

Download ICAI Opinion for Credit Card Income Recognition Aug 2015


       ICAI Opinion for Credit Card Income Recognition Aug 2015


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