Accounts News


ICAI invites members to contribute in development of case studies on IND AS

   29 July 2020 at 10:25

ICAI invites members to contribute in development of case studies on IND AS

Posted in Accounts |   3597 Views


Quick referencer Ebook for Accounting Standard as on 1st April 2019

   30 July 2019 at 11:34

'Accounting Standards : Quick Referencer' Click here for PDF Version Click here for E-Book Version

Posted in Accounts  6 comments |   13956 Views


Ind AS 116, Leases - A New Era of Accounting for Lease contracts by Lessees

   01 April 2019 at 22:49

In the larger interest of the Indian economy and industries, the ICAI always endeavours to ensure that Indian Accounting Standards (Ind AS) Framework remains converged at all time with globally acceptable IFRS Standards. The ICAI continuously monitor

Posted in Accounts |   7596 Views


Ind AS applicable from 1st April 2019

   01 April 2019 at 11:37

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II,SECTION 3, SUB-SECTION (i)]GOVERNMENT OF INDIAMINISTRY OF CORPORATE AFFAIRSNOTIFICATIONNew Delhi, the 30th March, 2019G.S.R���. (E).� In exercise of the power

Posted in Accounts |   9387 Views


Ind AS 116 on Leases applicable from 1st April,2019

   30 March 2019 at 11:44

The stakeholders may note that Ind AS 116, Leases shall be applicable with effect from 01st April, 2019 and necessary notification for the same shall be issued in due course after complying with the necessary procedure.http://www.mca.gov.in/

Posted in Accounts |   5619 Views


RFP by Insolvency board for appointment of accounting support and related services

   11 March 2019 at 11:29

1 INTRODUCTIONa. The Insolvency and Bankruptcy Board of India was established on 1st October, 2016 under the Insolvency and Bankruptcy Code, 2016 (Code). It is a key pillar of the ecosystem responsible for implementation of the Code that consolidates

Posted in Accounts |   4065 Views


Exposure draft of ASLB 23, 'Revenue from Non-Exchange Transactions (Taxes and Transfers)

   17 August 2018 at 11:27

The Committee on Accounting Standards for Local Bodies (CASLB) has been formulating Accounting Standards for Local Bodies (ASLBs) since March, 2005. So far, the Committee has issued fifteen ASLBs. Moving forward in this

Posted in Accounts |   4302 Views


Indian Accounting Standards(Ind AS) an overview ebook

   04 July 2018 at 11:04

This edition contains an overview of various aspects related to IFRS-converged Indian Accounting Standards (Ind AS) such as roadmap for the applicability of Ind AS, carve-outs from IFRS/IAS, changes in financial reporting under Ind AS compared to fin

Posted in Accounts |   14091 Views


ICAI issues Accounting Standard for Local Bodies

   30 May 2018 at 16:20

The Committee on Accounting Standards for Local Bodies (CASLB) is formulating Accounting Standards for Local Bodies (ASLBs) since March, 2005 to improve financial reporting for local bodies. So far, the Committee has issued thirteen ASLBs including o

Posted in Accounts |   5742 Views


FAQ on IndAS by ITFG

   06 April 2018 at 11:22

Ind AS Transition Facilitation Group (ITFG) Clarification Bulletin 15Ind AS Transition Facilitation Group (ITFG) of Ind AS Implementation Group has been constituted for providing clarifications on timely basis on various issues related to the applica

Posted in Accounts |   6339 Views