Total amount overdue for a period more than 90 days. Is 90 days considered as at balance sheet date or date of audit report?

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Total amount overdue for a period more than 90 days. Is 90 days considered as at balance sheet date or date of audit report?

Questions › Category: CARO › Total amount overdue for a period more than 90 days. Is 90 days considered as at balance sheet date or date of audit report?

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Sarvesh Koushik asked 6 years ago

Question Tags: Clause 3

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Ravi Staff answered 6 years ago

90 days from due date till balance sheet date so that there is consistency in reporting for all, it is given in guidance note