Exposure Drafts of Revised Accounting Standards of ICAI
ICAI has decided to revise the Accounting Standards applicable to entities to which Ind AS are not applicable and has accordingly issued the Exposure Drafts of various Revised Accounting …
Tag: Exposure Drafts
ICAI’s Guidance Note on Accounting for Hydropower Industry: Exposure Draft for Comments
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]. …
ICAI’s Revised Definition of Internal Audit
Revised definition of the term ‘Internal Audit’ as per para 3 of the ICAI’s Framework Governing Internal Audits, is as under: “Internal audit provides independent assurance on the effectiveness …
CBDT’s Draft ICDS 11 on “Real Estate Transactions”
The CBDT has issued draft “Income Computation and Disclosure Standard XI (ICDS 11) on Real Estate Transactions” for comments/ suggestions from stakeholders. The scope of this ICDS shall be …