IndigoLearn

Forums

All Topics Accountancy Auditing Corporate & Other Laws Direct Taxation Indirect Taxation Financial Management Economics Costing Strategic Management Maths & Stats Exams Others AFM Financial Reporting CFA Level I

AS 15

Accountancy

Couldn't understand why we are reducing net impact of unamortised costs (12.5 l)from gain on impact of curtailment (500l).Why not subtract 100 l from gain on impact of curtailment(500 l) directly ? Video Details ------------- P1 - Accounting Standards - CA Inter (New) AS 15 #15. Q&A - Part 2

Niveta Rajkumar

CA Inter

★ 3K+

28-Jun-24 19:46

168

Answers (1)

100 is for total Gross obligation. So we are reducing proportionately for 500.

CA Suraj Lakhotia

Admin

03-Jul-24 16:13

IndigoLearn

We have been revolutionising learning paths for students of CA, CFA, CMA, US CMA, and ACCA since 2017 . “Learn Like Never Before” & ‘ Students-first ’ are the cornerstones of our approach. We take immense pride in having enabled 13,000 + students succeed in some of the toughest examinations in the world & are grateful to them for the love and respect they have showered us with, over the years.