Query on law topic

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Chartered Accountant
46 Points Posted on 24 September 2011

What is the meaning of                                                                                                                                                                                     

Untill AS prescribed by CG ,the accounting standard Recommended by icai shall be As.

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On 24 September 2011 at 13:12 Report
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Posted on 24 September 2011

I think goverment has it own AS issued by them with NACAS .

PLz correct me if i m wrong

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On 24 September 2011 at 13:18
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Chartered Accountant
560 Points Posted on 24 September 2011

Yes

Untill the Accounting standard issued by CG relating that area, existing ICAI standards are applicable

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On 24 September 2011 at 15:19

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