Tag: Ind AS
The ICAI has come out with a publication "Indian Accounting Standards (Ind AS): Disclosures Checklist", for guidance of its members, to provide a compilation/ checklist of all the disclosure requirements …
The ICAI has published third edition (July 2018) of the "Ind AS - An Overview" a booklet which provides an overview of the various aspects related to IFRS-converged Indian …
The ICAI has issued Exposure Draft of Revised Ind AS-109 (Financial Instruments) for comments from the Members/ Stakeholders latest by 30 June 2018.
The ICAI has issued a set of FAQs to clarify accounting treatment of the increased liability arising from enhancement of gratuity ceiling from Rs. 10 Lac to 20 Lac, …
The "Ind AS Transition Facilitation Group (ITFG)" of ICAI has already issued a compendium of the Clarifications (Bulletin# 1 to Bulletin# 14) regarding interpretation/ implementation of Ind AS as per MCA …
The MCA has notified the Companies (Indian Accounting Standards/ Ind AS) Amendment Rules, 2018 on 28 March 2018, whereby "Ind AS-115 relating to Revenue from Contracts with Customers" has been …
The MCA has notified exemption for Govt. NBFCs, Public Financial Institutions (PFIs) like LIC, UTI, etc. from applicability of AS-22/ Ind AS-12 relating to deferred tax asset or liability, …
The MCA had notified the Ind AS via the Companies (Indian Accounting Standards) Rules, 2015. Subsequently, the MCA has notified the Companies (Indian Accounting Standards) (Amendment) Rules, 2016/2017 to carry …
ICAI has published a booklet (Education Material on Ind AS Revenue - Revised Edition Sept. 2017) which addresses the implementation issues being faced by the stakeholders. Also this booklet …
The MCA has issued a Clarification on Ind AS Compliance Obligation of Holding Companies having Subsidiaries operating as Payment Banks/ Small Finance Banks, in view of the fact that both …