Accounts News


Income Tax Department Lists 10 ICDS and Their Reconciliation With Accounting Standards

 22 August 2026 at 09:22

Income Tax Department lists 10 ICDS under the Income Tax Act 2025 and explains key reconciliations with Accounting Standards for computing taxable income.

Posted in Accounts |   1 comments |   16491 Views


ICAI Publishes 77th Annual Report and Accounts of the Institute for the year 2025-26

 07 August 2026 at 09:15

ICAI has published its 77th Annual Report and Accounts for FY 2025-26 in the Gazette of India. Members can download the report online or request a hard copy from the Institute.

Posted in Accounts |   1 comments |   2451 Views


Finance Ministry Notifies Revised Recruitment Rules for Senior Accountants under Central Civil Accounts Service

 02 August 2025 at 09:27

The Ministry of Finance has notified new recruitment rules for Senior Accountants under the Central Civil Accounts Service, detailing promotion criteria, pay scale, eligibility, and probation period. Effective August 1, 2025.

Posted in Accounts |   2682 Views


ICAI Celebrates Accounting Standards Day to Highlight Role of Standards in preparation of Financial Statements

 08 May 2025 at 09:05

The Institute of Chartered Accountants of India (ICAI), celebrated Accounting Standards Day (AS Day) on theme Navigating the Financial Reporting Landscape.

Posted in Accounts |   603 Views


ICAI Joins Hands with CBSE to Revolutionize Skill-Based Accounting Education

 22 November 2024 at 13:05

The ICAI through its Committee on Career Counselling signed a MoU with the Department of Skill Education, CBSE on 21st November 2024, at Bhubaneswar, Odisha, to promote commerce-based skill courses for students across the country.

Posted in Accounts |   3102 Views


ICAI Announces Revised Criteria for Classification of Non-Company Entities for Applicability of Accounting Standards

 08 November 2024 at 12:39

The Council, at its 433rd meeting, held on August 13-15, 2024, considered the revised criteria for classification of Non-company entities for applicability of Accounting Standards issued by The Institute of Chartered Accountants of India (ICAI)

Posted in Accounts |   6996 Views


ICAI Invites Public Comments on IPAE's Proposed Revisions to Sustainability Standards in IES 2, 3, and 4

 22 June 2024 at 08:48

Exposure Draft on Proposed Revisions to 'IES 2, 3, and 4 – Sustainability' - For Public Comments

Posted in Accounts |   798 Views


ICAI releases Exposure Draft on Financial Instruments with Characteristics of Equity

 13 December 2023 at 08:41

Exposure Draft on Financial Instruments with Characteristics of Equity - Proposed amendments to IAS 32, IFRS 7 and IAS 1

Posted in Accounts |   3054 Views


ICAI releases Exposure Draft of Lack of Exchangeability - Amendments to Ind AS 21

 02 November 2023 at 08:50

Exposure Draft of Lack of Exchangeability - Amendments to Ind AS 21

Posted in Accounts |   2817 Views


ICAI | IASB Seeks Feedback on IFRS 15 Implementation

 19 July 2023 at 08:51

Request for Information on Post-implementation Review of IFRS 15, Revenue from Contracts with Customers issued by the IASB

Posted in Accounts |   5604 Views



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