Effective Accounting standards
This query is : Resolved
07 March 2022
Sir pls guide as How many Accounting Standards have been issued by ICAI so far and how many Accounting Standards are effective as on date.? Thanks
07 March 2022
List of Accounting Standards of ICAI: AS-1 to AS-32 (updated 01/02/2022)
07 March 2022
Thank you sir. Are all these 32 standard still applicable or some standards has been removed.?
07 March 2022
So far a total of 32 Accounting Standards (AS-1 to AS-32) have been issued by the ICAI, out of which AS-1 to AS-29 are mandatory in nature whereas AS-6, AS-8, AS-30, AS-31 and AS-32 have been withdrawn by ICAI through different Announcements. Therefore now effectively there are only 27 Accounting Standards of ICAI as of 01/02/2022. All these accounting standards are mandatory in nature, as of 01/07/2017 and onwards:
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