Question

    Which of the following Indian Accounting Standard (Ind AS), deals with the reporting and disclosure of contingent liabilities and contingent assets?  

    A Ind AS 10 Correct Answer Incorrect Answer
    B Ind AS 16 Correct Answer Incorrect Answer
    C Ind AS 36 Correct Answer Incorrect Answer
    D Ind AS 37 Correct Answer Incorrect Answer
    E Ind AS 38 Correct Answer Incorrect Answer

    Solution

    • Ind AS 37 - Provisions, Contingent Liabilities, and Contingent Assets  
    • Ind AS 10 - Events after Reporting Period  
    • Ind AS 16 - Property, Plant, and Equipment  
    • Ind AS 36 - Impairment of Assets  
    • Ind AS 38 - Intangible Assets  

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