Accounts News
Exposure Draft: Defined Benefit Plans: Employee Contributions (Proposed amendments to IAS 19) (Last date for sending comments: June 20, 2013)
17 May 2013 at 11:55The International Accounting Standards Board (IASB) has published this Exposure Draft to set out the proposed amendments to IAS 19 Employee Benefits. This Exposure Draft addresses the accounting for contributions from employees or third parties wh
Exposure Draft: Regulatory Deferral Accounts-(Last date for sending comments: July 31, 2013)
17 May 2013 at 11:50The International Accounting Standards Board (IASB) published for public comment the Exposure Draft Regulatory Deferral Accounts as part of its reactivated Rate-regulated Activities research project. Many jurisdictions applying International Fi
PNGRB reference on compliance with AS 17 by CGD entities
26 April 2013 at 11:52The Petroleum and Natural Gas Regulatory Board (PNGRB), entrusted with the duties, interalia, of regulating the transportation rate for city or local natural gas distribution networks or common or contract carrier pipelines, has recently informed
Exposure Draft of Limited Revisions to Accounting Standard (AS) 20, Earnings per Share (Comments to be received by May 10, 2013)
09 April 2013 at 10:38Exposure Draft Limited revisions to Accounting Standard 20: Earnings per Share The following is the Exposure Draft of the limited revisions to Accounting Standard (AS) 20, Earnings Per Share. The limited revisions are proposed primarily to addre
Revision in the criteria for classifying Level II non-corporate entities
08 March 2013 at 10:531. The Council of the Institute with a view to harmonise the differences between the Accounting Standards issued by the ICAI and the Accounting Standards notified by the Central Government under the Companies (Accounting Standards) Rules, 2006, in
Announcement on renumbering of already issued ASLBs
27 February 2013 at 17:05Committee on Accounting Standards for Local Bodies The Committee on Accounting Standards for Local Bodies (CASLB), since its inception, has issued the following seven Accounting Standards for Local Bodies (ASLBs): 1. ASLB 1, ‘Presentation
New/Revised Ind ASs finalised by ICAI (Post February, 2011)
07 February 2013 at 17:00The following are the New/Revised Ind ASs (Post February, 2011) corresponding to the new/revised IFRSs issued by the IASB after finalisation of 35 Ind ASs hosted on the MCA’s website. These Ind ASs have been finalised by the Council of the I
Exposure Draft: Acquisition of an Interest in a Joint Operation (Proposed amendment to IFRS 11) - (Last date for sending comments: March 20, 2013)
07 February 2013 at 10:01The International Accounting Standards Board (IASB) has published this Exposure Draft of proposed amendments to introduce guidance on the accounting, by a joint operator, for the acquisition of an interest in a joint operation, as defined in IFRS
IND-AS placed on MCA website for wider dissemination
18 December 2012 at 11:54Indian Accounting Standards After extensive stakeholders consultation on IFRS standards, the converged Indian Accounting Standards (IND-AS) have been placed on the website of the Ministry of Corporate Affairs for wide dissemination and fa
Keeping the Accounting Standards in Tune with the Times
01 December 2012 at 10:53Government has said that the examination of various rules and Accounting Standards under the Companies Act, 1956 is an ongoing process. Giving this information in written reply to a question in the Lok Sabha Shri Sachin Pilot, Minister of Corporat
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