09-28-2003, 06:00 PM
Pervaiz Thank for your
Its not clear to me what does it means by net-assets. There may be two casses
1. Net assets may mean total assets of vender company less total liablities of vendor company; or
2. Net assets can be selected assets of vender company (Meaning not all vendor keeps a part of assets) less selected liablities of vendoer company
Whether IAS-22 will apply to 2nd case.
Its not clear to me what does it means by net-assets. There may be two casses
1. Net assets may mean total assets of vender company less total liablities of vendor company; or
2. Net assets can be selected assets of vender company (Meaning not all vendor keeps a part of assets) less selected liablities of vendoer company
Whether IAS-22 will apply to 2nd case.