Accounts News
FM to Cost Accounts Service to help in Optimal Utilization of Resources
11 August 2011 at 12:27The Union Finance Minister Shri Pranab Mukherjee said that officers of Indian Cost Accounts Service (ICAS) have a major role to play in facilitating the government in its decision making process through their inputs in solving complex pricing and co
Cost Accounting Standard Board invites comments on Exposure Draft - Generally Accepted Cost Accounting Principles (GACAP)
25 July 2011 at 14:17The Central Council of the Institute has approved the release of Exposure Draft of Generally Accepted Cost Accounting Principles (GACAP) Document as recommended by the Cost Accounting Standards Board (CASB), the standard-setting body of the Insti
Differences between IFRSs and IND AS
13 July 2011 at 11:19Differences between IFRSs and IND AS
Carve Outs provided in Ind AS
01 July 2011 at 11:26The Ind As have been prepared by NACAS and with its recommendation submitted to MCA.NACAS adopted due consultative proposed of hosting the draft Ind As insisting comments/suggestions and therefore after deliberated with industries representative i
ICWAI sign MOU with CandK Management Ltd. For Certificate course on IFRS through e-learning modules for members, students and others
21 April 2011 at 11:24ICWAI sign MOU with C&K Management Ltd. For Certificate course on IFRS through e-learning modules for members, students and others ICWAI has been actively engaged in the professional development of its Members through various initiatives.
Filing of Balance Sheet and profit and Loss Account in XBRL mode
02 April 2011 at 11:07General Circular No. 09/2011 17/70/2011 –CL.V Government of India Ministry of Corporate Affairs 5th Floor, A Wing, Shastri Bhavan, Dr. R.P. Road, New Delhi Dated the 31.03.2011 To All Regional Directors All Registrar of Companies Sub
Filing of Balance Sheet and Profit and Loss A/c in XBRL mode
03 April 2011 at 13:28It has been decided by the Ministry of Corporate Affairs to mandate certain class of companies to file balance sheets and profit and loss account for the year 2010-11 onwards by using XBRL taxonomy. The Financial Statements required to be filed in X
Exposure Draft on Public Interest Framework for Accountancy Profession
22 March 2011 at 11:31Exposure Draft on Public Interest Framework for Accountancy Profession on which comments have been requested by IFAC by 25 March, 2011 IFAC (International Federation of Accountants) has come out with an Exposure Draft on Public Interest Framewor
Release of Cost Accounting Standard 13
16 March 2011 at 18:26The Council of the Institute in its meeting held on 25th Feb, 2011 has approved the release of Cost Accounting Standard 13 - Cost of Service Cost Centre. Download Cost Accounting Standards (1-13) Cost Accounting Standards
Indian Accounting Standards Converged with IFRS Notified
26 February 2011 at 10:00Indian Accounting Standards Converged with IFRS Notified Reliable, consistent and uniform financial reporting is important part of good corporate governance practices worldwide in order to enhance the credibility of the businesses in the eyes o
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