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The Institute of Chartered Accountants of India has released the exposure draft of upgraded Accounting Standards for Public Comments. The last date for public comments is 3rd December 2020. Read the official announcement below: Accounting Standards Board The Institute of Chartered Accountants of India 3rd November, 2020 Sub: Exposure Draft of upgraded Accounting Standards for Public Comments The Indian Accounting Standards (Ind AS), as notified by the Ministry of Corporate Affairs in
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FAQ :
The ICAI has released an exposure draft of upgraded Accounting Standards for public comments.
These standards are for entities to whom Indian Accounting Standards (Ind AS) are not applicable.
The last date for submitting public comments is 3rd December 2020.
The exposure draft of the revised AS 21, The Effects of Changes in Foreign Exchange Rates, has been issued.
Comments can be submitted electronically via the ICAI website, by email to commentsasb@icai.in, or by post to the Secretary, Accounting Standards Board, ICAI.
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