LCS ACA
2050 Points
Joined September 2007
Sorry, couldn't arrange summary. As these standards are still in their initial stage of applicability hence its difficult to find proper summary for them.
Here are the 3 links having material on these Std.(30, 31) submitted by other members(dont know whether you have already viewed this or not), just have a look-
This is an article on AS 30 having a brief synopsis
/news/2007/6/AS_30_,_AS_31_____two_new_accounting_standard_formulated.asp
Below are two ppt presentation
/share_files/files_display.asp?files_id=14969
/share_files/files_display.asp?files_id=20028
Although these presentations may contain detailed material on AS, still it can be more helpfull in understanding the AS as compared to plain text.