Accounting Standards for Local Bodies (ASLB) by ICAI
Once an ASLB is issued, the Local Bodies should follow the ASLB and not the corresponding Accounting Standard issued by the ICAI.
Category: Accounting
ICAI’s Quick Referencer on Indian Accounting Standards (Ind AS): November 2019 Edition
ICAI has released Quick Referencer on Indian Accounting Standards (Ind AS), which provides summarised basic understanding on the scope/ applicability of Ind AS to find relevant guidance on specific …
ICAI Guidance Note on Ind AS Compliance by NBFCs: Division III of Schedule III to the Companies Act 2013
ICAI has issued Guidance Note on Ind AS Compliance by NBFCs, for preparation and presentation of Financial Statements in line with requirements of Division III of Ind AS Schedule …
Revised SEBI Procedure/ Formats for Limited Review/ Audit Reports of Listed Entities
SEBI notifies revised procedure/ formats for Limited Review/ Audit Reports of Listed Entities (including those entities whose accounts are to be consolidated with the listed entity), applicable applicable with respect to …
Indian Accounting Standards (Ind AS): An Overview by ICAI (Revised July 2018)
ICAI has published fourth edition (July 2019) of the "Ind AS - An Overview" a booklet which provides an overview of the various aspects related to IFRS-converged Indian Accounting …
ICAI’s Guidance Note on Division I (Non Ind AS) of Schedule III to Companies Act, 2013
ICAI has published the revised/ second edition (July 2019) of the Guidance Note on Division I (Non Ind AS) of the Schedule III to the Companies Act, 2013, for …
ICAI’s Guidance Note on Division II (Ind AS) of Schedule III to Companies Act, 2013
ICAI has published the revised/ second edition (July 2019) of the Guidance Note on Division II (Ind AS) of the Schedule III to the Companies Act, 2013, for benefit …
List of Accounting Standards (AS 1~32) of ICAI: Download PDF Copy
Accounting Standards (AS 1~32) are issued/ amended by the Accounting Standards Board of ICAI, to establish uniform standards for preparation of financial statements, in accordance with Indian GAAP (Generally …
ICAI releases Compendium of Ind AS effective as on 1 April 2019
ICAI has released e-version of Compendium of Indian Accounting Standards (Ind AS) effective 1 April 2019, comprising of Volume 1 & Volume 2 (PDF). It may be noted that …
Ind AS 116 – Leases: A New Era of Accounting for Lease contracts by Lessees
ICAI has drawn attention of all concerned to 'Ind AS 116 - Leases' recently notified by MCA vide Notification dt. 30 March 2019 on Companies (Ind AS) First Amendment …