abhishreshthaa
Abhijeet S
Investments are classified into current and long-term investments.Current investments are stated at the lower of cost and fair value.Long-term investments, other than in Associates are stated at cost.
A provision for diminution is made to recognise a decline, other than temporary, in the value of long-term investments. Investments in Associates are accounted for using the equity method.
A provision for diminution is made to recognise a decline, other than temporary, in the value of long-term investments. Investments in Associates are accounted for using the equity method.