08-26-2010, 07:18 PM
Our company is a non listed company and satisfies five conditions (a, b, c, d, f) mentioned in fifth schedule under heading 2 (iv) of companies ordinance. I have two questions
(1) Is our company a medium sized entity?
(2) Should we follow Accounting and Financial Reporting Standards for MSEs issued by ICAP?
Your opinion/guidance is most urgently requested.
(1) Is our company a medium sized entity?
(2) Should we follow Accounting and Financial Reporting Standards for MSEs issued by ICAP?
Your opinion/guidance is most urgently requested.