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Exposure Draft of Ind AS Taxonomy for Comments

   11 January 2017 at 11:14

As per the roadmap issued by the Ministry of Corporate Affairs (MCA) in February 2015, certain class of companies have to prepare their financial statements as per Indian Accounting Standards (Ind AS) which are converged with International Financial

Posted in Accounts |   4572 Views


Nomination for Membership at the International Accounting Standards Board

   08 November 2016 at 10:45

International Accounting Standards Board (IASB) is seeking applications for vacancies in the Board (A) IASB position summary:The International Accounting Standards Board is the independent standard-setting body of the IFRS Foundation. Members of the

Posted in Accounts |   4260 Views


Road Map for implementation of Indian Accounting Standards

   30 April 2016 at 15:44

The Road Map for implementation of Indian Accounting Standards (Ind AS) for commercial Banks (Banks), Insurance Companies (Insurers) and Non-Banking Financial Companies (NBFCs) was announced on 18/01/2016 and implementation schedule is drawn as follo

Posted in Accounts  1 comments |   15399 Views


Date for withdrawal of all old series banknotes extended

   24 December 2015 at 11:06

RBI/2015-16/275DCM (Plg) No.G-8/2331/10.27.00/2015-16December 23, 2015The Chairman / Managing Director / Chief Executive OfficerAll Scheduled Commercial BanksPrimary (Urban) Co-operative Banks / RRBsMadam / Dear Sir,Withdrawal of all old series of Ba

Posted in Accounts  2 comments |   20256 Views


Withdrawal of five Guidance Notes on Accounting

   24 October 2015 at 11:20

The Council, at its Special (347th) meeting, held on October 14, 2015, has decided to withdraw the following five Guidance Notes on Accounting as the same are no longer relevant in the present day context in view of the requirements of the Companies A

Posted in Accounts  3 comments |   22893 Views


Special Clearing operations on March 30 and 31, 2015

   27 March 2015 at 10:42

RBI/2014-15/517DPSS.CO.CHD.No./1776/03.01.02/2014-2015March 26, 2015 The Chairman and Managing Director / Chief Executive OfficerAll Scheduled Commercial Banks including Regional Rural Banks/Urban Co-operative Banks / State Co-operative Banks /Distri

Posted in Accounts  1 comments |   17088 Views


ICAI's way forward for Implementation of Ind AS

   07 January 2015 at 10:57

The Institute of Chartered Accountants of India (ICAI) notes with great pride that the Government has accepted its recommendations with regard to the roadmap for implementation of Indian Accounting Standards (Ind AS) for companies other than banking

Posted in Accounts  10 comments |   26280 Views


Annual Accounts of ICAI for year 2013-2014

   05 December 2014 at 10:44

In accordance with the provisions of sub-section (5B) of Section 18 of the Chartered Accountants Act, 1949, a copy of the Annual Report and Audited Accounts of the Institute for the year 2013-2014 is required to be published in the Gazette of India l

Posted in Accounts  1 comments |   30606 Views


Implementation of New Accounting Standards

   27 November 2014 at 11:34

In accordance with the announcement in the Budget Speech 2014-15, the Indian Accounting Standards (Ind-AS), based on the International Financial Reporting Standards (IFRS), will be notified for voluntary adoption from the financial year 2015-16 and m

Posted in Accounts  9 comments |   33180 Views


Consolidated Account Statement (CAS) for all securities assets

   13 November 2014 at 11:20

CIRCULAR CIR/MRD/DP/31/2014 November 12, 2014 To, The Depositories, Asset Management Companies, Mutual Fund RTAs. Dear Sir, Subject: Consolidated Account Statement (CAS) for all securities assets 1. Pursuant to the Interim Budget announcement in 2

Posted in Accounts |   20433 Views