Question ID : 9
case of exchange difference on capital asset, if an entity follows Schedule-VI, and capitalised the
case of exchange difference on capital asset, if an entity follows Schedule-VI, and capitalised the same, stitue has issued a crification that , auditor will not qualify report on the ground that AS specified section 211 were not followed.
However, if an entity decided to follow treatment given AS11 and does not capitalise exchange diff , can auditor qualify report on the ground that Schedule VI has not been follwed.?? '
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