Question

Emplovees
benefits are all forms of
consideration given by an enterprise in
exchange for services rendered by employees
under AS - 15
Emloreas

Answer 1

Thank u for giving me point

Answer 2

Employee benefits are all forms of  consideration given by an enterprise in  exchange for services rendered by employees  under AS - 15 - True

• Accounting Standard 15 includes the Employee Benefits.
• The benefits typically includes all specific types of employee benefits, all forms of economic consideration offered by an enterprise in successful return for employee services.  
• AS 15 came into force in 2006 and is applicable to companies at Level 1.  
• However, Level 1 companies have been typically given some evident relief, depending on whether they have hired 50 or more active workers.