Dear All
A Indian unlisted company has single wholly owned subsidiary company.
As per section 129 it has to prepare the consolidated financials.
foreign companies maintains there books as per calendar year Jan to December and same was audited.
During preparation of CFS which year should parent company consider... CFS ?? as the financial years are not matching?
PLEASE CLARIFY!!
subsidary
foreign
consolidating
Dear All
A Indian unlisted company has single wholly owned subsidiary company.
As per section 129 it has to prepare the consolidated financials.
foreign companies maintains there books as per calendar year Jan to December and same was audited.
During preparation of CFS which year should parent company consider... CFS ?? as the financial years are not matching?
PLEASE CLARIFY!!
subsidary
foreign
consolidating
