Companies (accounting standards) amendment rules 2016

Pl  find attached copy of notification as issued in gazette on 30.3.2016.

This rules include the following accounting standards:
·         Accounting standard 2: Valuation of Inventories
·         Accounting standard 4: Contingencies and Event Occurring After Balance Sheet Date
·         Accounting standard 10: Property, Plant and Equipment
·         Accounting standard 13: Accounting for investments
·         Accounting standard 14: Accounting for Amalgamations
·         Accounting standard 21: Consolidated Financial Statements
·         Accounting standard 29: Provisions, Contingent Liabilities and Contingent Assets
Accounting Standard 6, Depreciation Accounting, is omitted.

Thank you sir for sharing the same.

Regards,

Arjun Rajagopal