Ergon Power Corporation Ltd. நிறுவனத்தின் கணக்கியல் கொள்கைகள்

A) Basis of Preparation of Financial Statements:

i) GENERAL: The financial statements are prepared under the historical cost convention and comply in all material respects with the mandatory Accounting Standards issued by the Institute of Chartered Accountants of India and the relevant provisions of the Companies Act, 2013. Keeping in view the erosion of net worth, that the Fundamental Assumption of 'Going Concern' is affected.

ii) Accounting policies not specifically referred to otherwise are in consonance with prudent accounting principles.

iii) All income and expenditure items having material bearing on the financial statements are recognised on accrual basis.

b) Revenue recognition

All revenue income and expenditure are recognized on accrual concept of accounting.

c) Earning per Share

The Company reports its Earnings per Share (EPS) in accordance with Accounting Standard 20 issued by the Institute of Chartered Accountants of India.

A) Basis of Preparation of Financial Statements:

i) GENERAL: The financial statements are prepared under the historical cost con- vention and comply in all material respects with the mandatory Accounting Stan- dards issued by the Institute of Chartered Accountants of India and the relevant provisions of the Companies Act, 1956. Keeping in view the erosion of net worth, that the Fundamental Assumption of ''Going Concern'' is affected.

ii) Accounting policies not specifically referred to otherwise are in consonance with prudent accounting principles.

iii) All income and expenditure items having material bearing on the financial state- ments are recognised on accrual basis.

b) Revenue recognition

All revenue income and expenditure are recognized on accrual concept of accounting.

c) Earning per Share

The Company reports its Earnings per Share (EPS) in accordance with Accounting Standard 20 issued by the Institute of Chartered Accountants of India.

A) Basis of Preparation of Financial Statements:

i) GENERAL: The financial statements are prepared under the historical cost convention and comply in all material respects with the mandatory Accounting Standards issued by the Institute of Chartered Accountants of India and the relevant provisions of the Companies Act, 1956. Keeping in view the erosion of net worth, that the Fundamental Assumption of 'Going Concern' is affected.

ii) Accounting policies not specifically referred to otherwise are in consonance with prudent accounting principles.

iii) All income and expenditure items having material bearing on the financial statements are recognised on accrual basis.

b) Revenue recognition

All revenue income and expenditure are recognized on accrual concept of accounting.

c) Earning per Share

The Company reports its Earnings per Share (EPS) in accordance with Accounting Standard 20 issued by the Institute of Chartered Accountants of India.

A) Basis of Preparation of Financial Statements:

I) GENERAL: The financial statements are prepared under the historical cost convention and comply in all material respects with the mandatory Accounting Standards issued by the Institute of Chartered Accountants of India and the relevant provisions of the Companies Act, 1956. Keeping in view the erosion of net worth, that the Fundamental Assumption ofGoing Concern" is effected.

ii) Accounting policies not specifically referred to otherwise are in consonance with prudent accounting principles.

iii) All income and expenditure items having material bearing on the financial statements are recognised on accrual basis.

b) Revenue recognition

All revenue income and expenditure are recognized on accrual concept of accounting.

c) Earning per Share

The Company reports its Earnings per Share (EPS) in accordance with Accounting Standard 20 issued by the Institute of Chartered Accountants of India.