02-05-2010, 08:55 PM
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by Dard</i>
<br />He asked components ON which financial statements are made,<b> not the types</b><hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
Hahahaha
Miss Dard, your knowledge really admired me,[D]
Glad to know that faisal bhai has explained types of FS & not components.
Please check what are components, which IAS1 it self reveals;
http//www.iasplus.com/standard/ias01.htm
There are no such components <b>ON</b> which FS are made, atleast i haven't heard yet, however there may have some <b>principles</b> on the assumptions of which FS are made. lakin wo bhe assets ,liablity, income, expense etc nahi hotay.
<br />He asked components ON which financial statements are made,<b> not the types</b><hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
Hahahaha
Miss Dard, your knowledge really admired me,[D]
Glad to know that faisal bhai has explained types of FS & not components.
Please check what are components, which IAS1 it self reveals;
http//www.iasplus.com/standard/ias01.htm
There are no such components <b>ON</b> which FS are made, atleast i haven't heard yet, however there may have some <b>principles</b> on the assumptions of which FS are made. lakin wo bhe assets ,liablity, income, expense etc nahi hotay.
