Fine Beautiful Significant Accounting Policies And Notes To Accounts Asos Financial Statements

A Method of Accounting. A SIGNIFICANT ACCOUNTING POLICIES 1. This summary is usually placed at or near the beginning of the footnotes. Notes to the Financial Statements 2. Limited Infosys Australia and Infosys Technologies Shanghai. In deciding whether a particular accounting policy shall be disclosed management considers whether disclosure will assist users in understanding how transactions other events and conditions are reflected in the reported financial performance and financial position. The summary of significant accounting policies is a section of the footnotes that accompany an entitys financial statements describing the key policies being followed by the accounting department. A The financial statements are prepared under historical cost convention on accrual basis of accounting and in accordance with the provisions of the Companies Act. Mindtree Limited Mindtree or the Company is an international Information Technology consulting and implementation company that delivers business solutions through global software development. Significant Accounting Policies and Notes on Accounts 1.

The Financial Statements have been prepared on historical cost basis and in accordance with the accrual method of accounting. Notes to the Accounts and Significant Accounting Policies Significant Accounting Policies aBasis of Preparation b Use of Estimates Fixed Assets are stated at cost. Accounting policies shall be disclosed for all material components. 2 SIGNIFICANT ACCOUNTING POLICIES CONTD a Basis of preparation contd New and revised standards In the current financial year the Group has adopted all the new and revised FRSs and Interpretations of FRSs INT FRSs that are relevant to its operations and. Significant accounting policies and notes to the accounts for the year ended March 31 2013. A SIGNIFICANT ACCOUNTING POLICIES 1. SIGNIFICANT ACCOUNTING POLICIES AND NOTES TO ACCOUNTS AS AT 31 ST MARCH 2010. SIGNIFICANT ACCOUNTING POLICIES AND NOTES ON ACCOUNTS Company overview Infosys Technologies Limited Infosys or the company a world leader in consulting and information technology IT services partners with Global 2000 companies to provide business consulting systems. On disposal of a foreign operation the component of other comprehensive. In deciding whether a particular accounting policy shall be disclosed management considers whether disclosure will assist users in understanding how transactions other events and conditions are reflected in the reported financial performance and financial position.

SIGNIFICANT ACCOUNTING POLICIES 1. In deciding whether a particular accounting policy shall be disclosed management considers whether disclosure will assist users in understanding how transactions other events and conditions are reflected in the reported financial performance and financial position. Notes to the Financial Statements 2. Cost includes taxes duties freight and other incidental expenses related to acquisition. Significant assumptions include the valuation of accounts receivable the valuation of employee future benefit obligations and certain other payroll related accruals. Significant Accounting Policies and Notes on Accounts 1. Significant accounting policies and notes to the accounts for the year ended March 31 2013. Notes to the Accounts and Significant Accounting Policies Significant Accounting Policies aBasis of Preparation b Use of Estimates Fixed Assets are stated at cost. Notes to Financial Statements 31 December 2013 24 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Continued Foreign currencies Continued The resulting exchange differences are recognised in other comprehensive income and accumulated in the exchange fluctuation reserve. The Accounts are prepared under the historical cost convention unless otherwise stated and generally on the accrual method of accounting.

The Financial Statements have been prepared on historical cost basis and in accordance with the accrual method of accounting. Significant accounting policies continued hen control of a subsidiary is lost as a result of a transaction event or other circumstance the Group derecognises all assets W including any goodwill liabilities and non-controlling interests at their carrying amounts. Actual results could differ from those estimates. Significant accounting policies and notes to the accounts for the year ended March 31 2013. Guidance notes Significant accounting policies Disclosure of accounting policies 1. Revenue Recognition A The following items are accounted for on accrual basis while recognizing revenue. B Use of Estimates. Limited Infosys Australia and Infosys Technologies Shanghai. Other significant accounting policies These are set out under Significant Accounting Policies as. 2 SIGNIFICANT ACCOUNTING POLICIES CONTD a Basis of preparation contd New and revised standards In the current financial year the Group has adopted all the new and revised FRSs and Interpretations of FRSs INT FRSs that are relevant to its operations and.

Notes to Financial Statements 31 December 2013 24 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Continued Foreign currencies Continued The resulting exchange differences are recognised in other comprehensive income and accumulated in the exchange fluctuation reserve. A The financial statements are prepared under historical cost convention on accrual basis of accounting and in accordance with the provisions of the Companies Act. Amounts previously recognised in other. Basis for preparation of Accounts. Mindtree Limited Mindtree or the Company is an international Information Technology consulting and implementation company that delivers business solutions through global software development. On disposal of a foreign operation the component of other comprehensive. Significant Accounting Policies Basis of accounting - These financial statements have been prepared in accordance with the Generally Accepted Accounting Principles in India Indian GAAP including the Accounting Standards notified under Section 133 of the Companies Act 2013 read with Rule 7 of the Companies Accounts Rules 2014 and the relevant provisions of the Companies Act. Actual results could differ from those estimates. Notes to accounts help users of accounting information to understand the current financial position of a company and act as a support for its estimated future performance. SIGNIFICANT ACCOUNTING POLICIES AND NOTES ON ACCOUNTS Company overview Infosys Technologies Limited Infosys along with its majority owned and controlled subsidiaries Progeon Limited Progeon Infosys Technologies Australia Pty.