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Showing posts with the label Directors Remuneration Accounting Treatment

What is Included In Directors Emoluments Or Remuneration

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Director Remuneration Includes Dividends And Its Accounting Treatment Directors Emolument  or Remuneration includes salary, fees, b e nefits, Dividends , and employer pension contrib utio ns. T hese are paid to directors from time to time duri ng t heir whole careers. Accordi ng to Companies Act, it is legally required for specific companies to disclose t he director’s remu neration or emolument in Financial Statements .   Director Remu neration Journal Entry T he followi ng entry is recorded for director emolument as s how n b elow:                                 Directors Remu neration a/c  XXX                                                                            Cas h a /c / Ba nk...