FOR INDIA'S BEST CA CS CMA VIDEO CLASSES CALL 9980100288 OR VISIT HERE
PREDICT YOUR RANK!
Answer below questions and predict your rank
  • How important it is for you to pass the exam in this attempt?
  • What percentage of course you have finished well so far roughly?
  • How many hours you study in a day?
  • How many times you have revised the topics you have finished
  • Have you taken online or pen drive or live class from a renowned faculty?
  • What percentage of the classes you have watched?
  • Have you attempted mock tests or practice tests yet?
  • Are you planning to attempt mock tests conducted by external bodies- ICAI, ICSI, ICMAI or other institute?
  • How many tests you have taken?
  • Did you manage to finish the test papers on time?
  • Are you strictly following study material provided by the exam conducting authority such as ICAI/ICSI/ICMAI/Other Body?
  • How is your health in general?
  • How is your food habit?
  • Any interest in yoga or exercise or play sports regularly?
  • Planning to sleep well nights before the exams?
  • Planning to have light food and water before exams?

Please provide summary on Ind AS 112 - Disclosure of Interests in Other Entities

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 asked

Please provide summary on Ind AS 112 - Disclosure of Interests in Other Entities

    13       2 Answer Now Comment Report
2 Answers
Open uri20170510 32134 1ue0f38?1494421710 answered

Please provide summary on Ind AS 112 - Disclosure of Interests in Other Entities The objective of this Indian Accounting Standard (Ind AS) is to require an entity to disclose information that enables users of its financial statements to evaluate: (a) the nature of, and risks associated with, its interests in other entities; and (b) the effects of those interests on its financial position, financial performance and cash flows. If the disclosures required by this Ind AS, together with disclosures required by other Ind ASs, do not meet the objective in above, an entity shall disclose whatever additional information is necessary to meet that objective. An entity shall consider the level of detail necessary to satisfy the disclosure objective and how much emphasis to place on each of the requirements in this Ind AS. It shall aggregate or disaggregate disclosures so that useful information is not obscured by either the inclusion of a large amount of insignificant detail or the aggregation of items that have different characteristics.

    2       0 Comment Report
Important Note – Preparing for CA Final?
CAKART provides Indias top faculty each subject video classes and lectures – online & in Pen Drive/ DVD – at very cost effective rates. Get video classes from CAKART.in. Quality is much better than local tuition, so results are much better.
Watch Sample Video Now by clicking on the link(s) below – 
For any questions Request A Call Back  
Data?1494421730 answered

Dear Friend > Ind AS 112 - Disclosure of Interests in Other Entities Ind AS 112 provides for extensive disclosures on consolidated financial statements. The key disclosures required are outlined below: 1. Significant judgements and assumptions in determining control, joint control or significant influence, the type of joint arrangement when the arrangement is through separate vehicles to be disclosed 2. Disclosure by the investment entity about significant judgements and assumptions it made in determining that it is an investment entity 3. To understand the composition of the group, interest that non-controlling interests have in the group’s activities and cash flows in the interest in subsidiaries 4. For each unconsolidated subsidiary, an investment entity shall disclose the subsidiary’s name, the principal place of business (and country of incorporation if different from the principal place of business) of the subsidiary, and the proportion of ownership interest held by the investment entity and, if different, the proportion of voting rights held 5. An entity having interest in joint arrangement and associates shall disclose information that enables users of its financial statements to evaluate the following: -- The nature, extent and financial effects of its interests in joint arrangements and associates, including the nature and effects of its contractual relationship with the other investors with joint control of, or significant influence over, joint arrangements and associates -- The nature of, and changes in, the risks associated with its interests in joint ventures and associates 6. An entity having interest in unconsolidated structured entities shall disclose information that enables users of its financial statements: -- To understand the nature and extent of its interests in unconsolidated structured entities -- To evaluate the nature of, and changes in, the risks associated with its interests in unconsolidated structured entities Thanks

    2       1 Comment Report
Get Notifications
Videos
Books
Notes
Loading
Watch best faculty demo video classes

These top faculty video lectures will
help u prepare like nothing else can.