Govt mulls 5 changes to ensure uniform accounting practice

The new standards demand greater disclosure norms which were hidden under cash-based system of accounting Also Read Related Stories News Now - ICAI tells members to rely on external info - Maytas Infra to rework revamp plan - ICAI opposes RBI move on restructuring loans - ICAI to check books of firms seeing director resignations - ICAI wants more powers to wash off Satyam stain - Better implementation key to audit reform.