accounting standards in brief

News

Synchronisation of financial accounting year with calendar year


Government has constituted a Committee to examine the desirability and feasibility of having a new financial year and give its recommendations by 31st December 2016 The terms of reference ToR of the C

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Applicability of Income Computation and Disclosure Standards


Applicability of Income Computation and Disclosure Standards notified under section 145 2 of the Income tax Act 1961 from Assessment Year 2017 18 The Central Board of Direct Taxes has vide Press Relea

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ICDS to be applicable from 1st April 2016


Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi 6th July 2016 Subject Applicability of Income Computation and Disclosure Standards ICDS notified u

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Applicability of Amendments for Nov 2016 Final Exams


Applicability of Standards Guidance Notes Legislative Amendments etc for November 2016 Final Examination Paper 1 Financial Reporting I Framework for the Preparation and Presentation of Financial State

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Applicability of Amendments for IPC Nov 2016 Exams


Applicability of Standards Guidance Notes Legislative Amendments etc for November 2016 Intermediate IPC Examination Paper 1 Accounting Accounting Standards AS 1 Disclosure of Accounting Policies AS 2

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Experts Opinions

CA-INTER ACCOUNTING SERVICE


Dear Sir I want to know if a CA INTER providing accounting service to different client and receiving amount as per total no of visit in a month Under which section TDS will be deducted for amount paid

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Accounting of epcg benefit


How the benefit of duty availed under EPCG scheme is to be shown in books of accounts

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Accounting system of builder


we are a builder we have three project at a time so that we are doing direct cost of project directly charged to project working progress office administration other common expenses apportioned yearly

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Accounting service


Dear Sir accounting service shall come under which category of service

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About accounting technician course


Now i am a Ipcc student preparing for Nov 2016 exam What should i do to get ATC certificate when i pass ipcc

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Discussion

Accounting technician course

Dear Friends I would like to know whether a Student can do the ATC training outside India Thanks and Regards

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Accounting treatment for construction business

an assessee having 1st year of business purchase land and started construction on that at the year end 31st march 2016 work in progress and not any block or flat is sold so that whats account treatmen

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Group for examining the positioning of Accounting Technician Course

No M 626 2016 27th July 2016 ALL MEMBERS OF THE COUNCIL Madam Dear Sir The President in terms of the authority given to him by the Council at its 351st meeting held on 12th February 2016 has constitut

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Applicability of accounting standard

Is every accounting standard is applicable on every company

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TDS on accounting services

I want to know if a CA INTER providing accounting service to different client and receiving amount as per total no of visit in a month Under which section TDS will be deducted for amount paid to CA IN

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File Download

  • Standards on Auditing

    STANDARDS ON AUDIT IN CHART

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  • Assessment Procedures, Income Tax Act, 1961

    Revised version with small corrections Assessment Procedure overview has been given with the help of Flowcharts gives you a brief idea of the Procedures Very helpful in studies as well as at your office

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  • Provision (in brief) regarding registration under Model GST

    Provision in brief regarding registration under Model GST Law

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  • FINANCIAL INSTRUMENTS STANDARDS (IND AS 109)- ECL FOCUS

    FINANCIAL INSTRUMENTS STANDARDS IND AS 109 OVER VIEW FOCUS ON ECL

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  • FAQ on deemed cost of Property, Plant and Equipment under Ind AS 101

    FAQ on deemed cost of Property Plant and Equipment under Ind AS 101 First time Adoption of Indian Accounting Standards

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Articles

The Insolvency & Bankruptcy Code, 2016 - A Brief Snapshot


A historical economic reform in India took place when the Rajya Sabha on 11th of May 2016 passed the Insolvency and Bankruptcy Code 2016 This is considered as the biggest economic reform next only to


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Standards on Auditing - Not a choice but a compulsion


What are Auditing Standards The Standards on Auditing is an area which requires greater focus of CA in practice as well as our administrative bodies who are updating our members The Companies Act 2013


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Ind AS - IFRS Converged Accounting Standards applicable to India


On 16th February 2015 the Ministry of Corporate Affairs MCA has notified Companies Indian Accounting Standard Rules 2015 for applicability of Indian Accounting Standards Ind AS which shall come into f


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Income Computation and Disclosure Standards


Income Computation Disclosure Standards ICDSs ICDSs vis vis AS and ICDSs vis vis Judicial Rulings There are significant deviations between the notified ICDSs Accounting Standards Judicial Rulings whic


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Hedge Accounting as per IND-AS


Purpose of the Article Hedge accounting is a method of accounting where entries for the ownership of a security and the opposing hedge are treated as one Hedge accounting attempts to reduce the volati


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Updated on : 7/29/2016 3:53:11 PM


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