[Umair]

Yeah Thanku sir so much

[Umair]

I mean there is contractual obligation for liability, and not for equity ? Wat does it mean

[Umair]

Ok sir Thanku… We will classify any instrument being a issuer, any condition attached with it for liability? Condition in term of cash

[Umair]

Fixed no of shares are compound instrument??

[Umair]

For example 1000 loans notes can be converted in to variable no of shares , is financial liability ?? How?

[Umair]

Thanks

[Umair]

I have not studied before this topic… Sir paper pattern still remains same?

[Umair]

Analytical is camparison with financial r non financial information , substantive is detailed working of items already performed by management

[Umair]

And loss in last 12 months can b carry back for 3 years , on LIFO basis , in current 12 months we have income from other sources I.e employment then first we will adjust it in curent year or direct carry back ? Priority given to curent year or not ?

[Author]

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