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N. K. Gupta posted an Question
September 16, 2021 • 15:50 pm 30 points
  • UGC NET
  • Commerce

What is internal and external reconstruntion in accounting terms please explain in simple words.

what is internal and external reconstruntion in accounting terms please explain in simple words.

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  • Anju bala Best Answer

    Internal and external reconstruction are both valid for the companies that want to reconsider their approach and future strategy. And both of these depend on the decision and the permission of the stakeholders involved in the whole process. These both terms will more clear with their difference which is attached. even then if there is any query please ask.

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  • Rucha rajesh shingvekar best-answer

    Internal reconstruction is a method of corporate restructuring where an arrangement is made by the company of the organization where in changes in the assets and liabilities are made to improve the financial position without liquidating the company or transferring the ownership to external party, whereas external .

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