Accounting Standards

BALU.... (CCI STUDENT....) (44650 Points)

17 February 2011  

Accounting Standard Interpretation

ASI 1, Substantial Period of Time (AS 16)


Revised ASI 3, Accounting for Taxes on Income in the situations of Tax Holiday under sections 80-IA and 80-IB of the Income-tax Act, 1961 (Re.: AS 22)


ASI 14, Disclosure of Revenue from Sales Transactions (Re.: AS 9)


ASI 14, Disclosure of Revenue from Sales Transactions (Re.: AS 9)


ASI 15, Notes to the Consolidated Financial Statements (Re.: AS 21)


ASI 16, Treatment of Proposed Dividend under AS 23 (Re.: AS 23)


ASI 17, Adjustments to the Carrying Amount of Investment arising from Changes in Equity not Included in the Statement of Profit and Loss of the Associate (Re.: AS 23)


SI 18, Consideration of Potential Equity Shares for Determining whether an Investee is an Associate under AS 23 (Re.: AS 23)


ASI 19, Interpretation of the term ‘intermediaries’ (Re.: AS 18)


Revised ASI 20, Disclosure of Segment Information (Re.: AS 17)


ASI 21, Non-Executive Directors on the Board - whether related parties (Re.: AS 18)


ASI 22, Treatment of Interest for determining Segment Expense (Re.: AS 17)


ASI 23, Remuneration paid to key management personnel - whether a related party transaction (Re.: AS 18)


ASI 24, Definition of ‘Control’ (Re.: AS 21)


ASI 25, Exclusion of a subsidiary from consolidation (Re.: AS 21)


ASI 26, Accounting for taxes on income in the consolidated financial statements (Re.: AS 21)


ASI 27, Applicability of AS 25 to Interim Financial Results (Re.: AS 25)


ASI 28, Disclosure of parent’s/venturer’s shares in post-acquisition reserves of a subsidiary/jointly controlled entity (Re.: AS 21 and AS 27)


ASI 29, Turnover in case of Contractors’ (Re.: AS 7 (revised 2002)