Accounting standards number change

Hai Friends Refer the below link as per Ministry of Corporate Affairs website. It shows different Accounting numbers.

Whether AS numbers are changed?

https://www.mca.gov.in/Ministry/accounting_standards.html

Replies (5)

Ind AS are not applicable for Nov 2012

Revati, i asked only for AS number changes not applicability to Exam. if you know whether AS number are changed and which will effect from?

I hope you know that Ind AS are different than the current AS, they are more aligned to IFRS and I would suggest that you refer to the AS on the ICAI site and not the MCA site !!!!!

PLEASE REFER TO POINT 4 on pg 2 of the attached file, It will be clear!!

Not only are the numbers different, there are differences in treatment also.

Originally posted by : Revati Galgali


I hope you know that Ind AS are different than the current AS, they are more aligned to IFRS and I would suggest that you refer to the AS on the ICAI site and not the MCA site !!!!!

PLEASE REFER TO POINT 4 on pg 2 of the attached file, It will be clear!!

Thanks a lot to your kind response.

 

 

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