Accounts News

Delay in Implementation of IFRS

19 March 2012 at 17:46

Keeping in view the consultation held with various stakeholders on certain issues including tax related issues, it was decided to implement convergence of Indian Accounting Standards with International Financial Reporting Standards (IFRS) in a pha

Posted in Accounts | 3 comments | 21555 Views

Exposure Draft of Guidance Note on Maintenance of Cost Accounting Records

02 March 2012 at 17:38

The Technical Cell of National Task Force constituted by the Institute has approved the release of the Exposure Draft of Guidance Note on Maintenance of Cost Accounting Records. The proposed Guidance Note may be modified in light of comments/ su

Posted in Accounts | 3 comments | 11796 Views

Report submitted to Shri Kapil Sibal, Hon'ble on Implementation of Accounting Standards in Educational Institutions of Department of Higher Education

23 February 2012 at 15:30

Report submitted to Shri Kapil Sibal, Hon'ble Minister of HRD on Implementation of Accounting Standards in Educational Institutions of Department of Higher Education, Ministry of Human Resource Development Report on Implementation of Accountin

Posted in Accounts | 8502 Views

Guidance Note on Accounting for Rate Regulated Activities

18 February 2012 at 11:04

Guidance Note on Accounting for Rate Regulated Activities

Posted in Accounts | 8469 Views

Guidance Note on Accounting for Self-generated Certified Emission Reductions (CERs) (Issued 2012)

18 February 2012 at 11:05

Guidance Note on Accounting for Self-generated Certified Emission Reductions (CERs) (Issued 2012)

Posted in Accounts | 10581 Views

Exposure Draft of Guidance Note on Cost Accounting Standard on Employee Cost (CAS-7)

17 February 2012 at 11:05

Cost Accounting Standards Board, the standard-setting body of the Institute, has approved the release of Exposure Draft of Guidance Note on Cost Accounting Standard - 7 on Employee Cost (CAS - 7). The proposed ED Guidance Note may be modified in l

Posted in Accounts | 8142 Views

Guidance Note on Accounting for Real Estate Transactions (Revised 2012)

17 February 2012 at 11:05

Guidance Note on Accounting for Real Estate Transactions (Revised 2012)

Posted in Accounts | 19131 Views

CASB releases Exposure Draft of CAS - 2 (Revised 2012)

10 February 2012 at 12:04

Cost Accounting Standards Board, the standard-setting body of the Institute, has approved the release of Exposure Draft of Revised Cost Accounting Standard - 2 on Capacity Determination (CAS - 2). The proposed standard may be modified in light of

Posted in Accounts | 7371 Views

Icai proposes upgrades for accounting norms

08 December 2011 at 10:15

The Icai has sought comments from the public on an exposure draft by 20 December With the ministry of corporate affairs (MCA) not moving ahead on implementing global accounting standards in India, the country’s apex accounting body is prop

Posted in Accounts | 6870 Views