ICAI council Approves Accounting Standard (AS) 32,

The Council of the Institute has approved Accounting Standard (AS) 32, Financial Instruments: Disclosures. The objective of this Accounting Standard is to require entities to provide disclosures in their financial statements to enable users to evaluate the following: the significance of financial instruments for the entity’s financial position and performance; andthe nature and extent of risks arising from financial instruments to which the entity is exposed during the period and at the end o

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CCI News Desk

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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