मैट्रिक्स
 
 
moneycontrol.com भारत | लेखांकन नीति > Miscellaneous > लेखांकन नीति फॉलोड से साबू ब्रदर्स - बीएसई: 530267, NSE: N.A

साबू ब्रदर्स

बीएसई: 530267  |  NSE: N.A  |  ISIN: INE021N01011  |  Miscellaneous

खोजें साबू ब्रदर्स कनेक्शन मार्च 14
लेखांकन नीति साल : मार्च '15
1.  ACCOUNTING CONVENTIONS:
 
 The financial statements have been prepared to comply in all material
 respects with the notified accounting standards by Companies Accounting
 Standards Rules, 2006 and the relevant provisions of the Companies Act,
 2013. The financial statements have been prepared under the historical
 cost convention on accrual basis. The accounting policies have been
 consistently applied by the Company and are consistent with those used
 in the previous year.
 
 2.  USE OF ESTIMATES
 
 The preparation of financial statements in conformity with generally
 accepted accounting presentation of financial statements requires
 management to make estimates and assumption that affect the reported
 amounts of assets and liabilities and discloser of contingent
 liabilities at the date of the financial statements and the results of
 operations during the reporting period. Although these estimates are
 based upon management''s best knowledge of current events and action,
 actual results could defer from these estimates.
 
 i) Fixed assets are stated at cost less accumulated depreciation and
 impairment losses, if any. Cost comprises the purchase price and any
 attributable cost of bringing the assets to its working conditions for
 its intended use.
 
 b. Exp -r are recognized at the time of shipment of pro ducts to
 customer and are inclusive of incentives and exchange fluctuation of
 export.
 
 c.  Income, expenditure and incentives / benefits are accounted for on
 accrual basis.
 
 d.  Claim & refunds due from government authorities and parties though
 receivable/ refundable are not recognized in the accounts if the amount
 there of is not ascertainable. These are accounted for as admitted in
 favor of the company.
 
 DEPRECIATION: -*s is provided on straight line method at the
 rates and in the manner prescribed in schedule II to the Companies Act,
 2013.
 
 6.  IMPAIRMENT
 
 The carrying amounts of assets are reviewed at each balance sheet if
 there is any indication of impairment based on internal / external
 factor. An impairment loss is recognized wherever the carrying amount
 of an asset exceeds its recoverable amount.  The recoverable amount is
 the greater of the asset''s net selling price and value in use. In
 assessing value in use, the estimated future cash flows are discounted
 to their present value at the weighted average cost of capital.
 
 7.  INVENTORIES:
 
 Inventories are valued at cost and net realizable value whichever is
 lower. In the case of work in progress valuation is based on raw
 material cost and overhead. Net realizable value is the estimated
 current procurement price in the ordinary course of the business.
 
 8.  BORROWING COSTS:
 
 Interest and other costs in connection with the borrowing of the funds
 to the extent related / attributable to the acquisition / construction
 of qualifying fixed assets are capitalized up to the date when such
 assets are ready for its intended use and other borrowing costs are
 charged to profit and Loss account.
 
 9.  FOREIGN CURRENCY TRANSACTIONS:
 
 Foreign currency transactions are accounted at exchange rates
 prevailing on the date of the transaction. All foreign currency assets
 and liabilities if any at the Balance Sheet date are translated into
 rupees at the applicable exchange rates prevailing at that date. All
 exchange difference is dealt with in the profit and loss account except
 those relating to acquisition of fixed assets which are adjusted in the
 cost of the fixed assets.
 
 11. RETIREMENT BENEFITS:
 
 *Unit Fund and Superannuation fund are charged to Profit & loss Account.
स्रोत: रेलीगरे टेचनोवा

न्यूज़ फ़्लैश

  • NEWS FLASH EVE : मुनाफे से घाटे में आई कंपनी (YoY)
  • NEWS FLASH EVE : `6.99 Cr मुनाफे के मुकाबले `8.4 Cr कंसो घाटा
  • NEWS FLASH EVE : कंसो आय `189 Cr से बढ़कर `310 Cr (YoY)

अभी देखें

आपके डाटा का मालिक कौन है!

OUR WINNING PICKS

DID YOU INVEST?

INTRADAY PICKS!

(August 06, 2018)

AT (Rs)



GAIN (Rs)

ALL TIME WINNERS

RECO PRICE

PEAK PRICE

OUR PACKAGES

Super Combo

Powerful mix of both trader and investor packs with timely expert advice.

Technical

Designed especially for traders looking to tap the profit opportunities of volatile markets.

Fundamental

For all investors looking to unearth stocks that are poised to move.