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Employee benefits to employees in financial statements are recognised as per ........................ .

  • A.Indian AS-1
  • B.Indian AS-9
  • C.Indian AS-6
  • D.Indian AS-19

Answer: D

Employee benefits are recognised as per Ind AS 19.

Ind AS 19, Employee Benefits, prescribes the accounting and disclosure for short-term benefits, post-employment benefits such as gratuity and pension, other long-term benefits and termination benefits.

Ind AS 1 deals with the presentation of financial statements. The other numbers offered do not concern employee benefits, so Ind AS 19 is the only fit.

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