Category: Accounting
ICAI has issued updated (2022 Edition) of the Guidance Notes on Ind AS Compliance by ‘Non Ind AS Companies’ (Division I), ‘Ind AS Companies’ (Division II) and ‘NBFCs’ (Division …
ICAI has issued the Exposure Drafts of Revised Accounting Standards AS-28, AS-103, AS-110 and AS-111, vide Announcement dt. 04/01/2022, for comments latest by 03/02/2022. The Indian Accounting Standards (Ind …
Research Committee of ICAI has invited comments/ suggestions on Exposure Draft of the 'Guidance Note on Accounting for Hydropower Industry', latest by 27/01/2022 via post or email at
[email protected]
Once an ASLB is issued, the Local Bodies should follow the ASLB and not the corresponding Accounting Standard issued by the ICAI.
NFRA has published its comments on the Regulatory Impact Assessment (RIA) conducted by ICAI for revision of existing Accounting Standards for adherence by the micro entities which are not …
Final users should know that Financial Statements are prepared/ presented by adhering to certain assumptions, like Going Concern, Consistency and Accrual Basis, which are are not required to be …
Primary considerations in selection of accounting policies of an enterprise should be that the financial statements should represent a true and fair view of the state of affairs and …
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 …
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 …
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 …
