Indian Government Accounting Standards

Indian Government Accounting Standards (IGAS) by GASAB (Govt. Accounting Standards Advisory Board):

Indian Government Accounting Standards (IGAS)

GAS Notified by Government of India
Guarantees given by Governments: Disclosure Requirements (IGAS1)
[Notified by the Govt. of India]
Accounting and Classification of Grants-in-aid (IGAS2)
[Notified by the Govt. of India]
Loans and Advances made by Governments (IGAS 3)
[Notified by the Govt. of India]
IGAS approved by GASAB and under consideration of Government of India
Government Investments In Equity (IGAS 9)
[Under consideration of the Govt. of India for notification]
Foreign Currency transactions and loss or gain by Exchange Rate variations (IGAS 7)
[Under consideration of the Govt. of India for notification]
Public Debt and Other Liabilities of Governments: Disclosure Requirements (IGAS 10)
[Under consideration of the Govt. of India for notification]
IGFRS approved by GASAB and under consideration of Government of India
IGFRS 1 : Presentation of Financial Statements
IGFRS 2: Property, Plant & Equipment
IGFRS 3: Revenue from Government Exchange Transactions
IGFRS 4: Inventories
IGFRS 5: Contingent Liabilities (other than guarantees) and Contingent Assets: Disclosure Requirements

 

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