hey friends india mein IAS aane wale the phir ye Final Indian Accounting Standards kya hain jiski list ki ICAI ne declararation di hai
follow this link:
https://www.icai.org/new_post.html?post_id=6856&c_id=219
thanks in advance
23 Replies
CS LLB Pulkit Gupta
(https://www.facebook.com/pages/Life-and-Promises/553962034682487)
(16631 Points)
Replied 15 January 2011
Rohit dekhke btata hoon...
CS LLB Pulkit Gupta
(https://www.facebook.com/pages/Life-and-Promises/553962034682487)
(16631 Points)
Replied 15 January 2011
Rohit According to me ab due to convergence with IFRS jo AS adopt hoonge uska naam Indian Accounting Standard hoga. Ye near finalization vo standards hai jo ICAI National Advisory Committee on Accounting Standards (NACAS) ko bhejegi before they are adopted as IAS.
Manmohan ACA, CS
(Chartered Accountant )
(14243 Points)
Replied 15 January 2011
These are the standards which will be applicable to specified Companies only by the virtue of section 211(3C), after they are approved by National Advisory Committee on Accounting Standards (NACAS) . The first set of Accounting Standards (i.e. converged accounting standards) will be applied from 1st April, 2011..... These companies are:-
a. Companies which are part of NSE – Nifty 50
b. Companies which are part of BSE - Sens*x 30
c. Companies whose shares or other securities are listed on stock exchanges outside India
d. Companies, whether listed or not, which have a net worth in excess of 1,000 crores.
Hardik Dave
(IPCC and CS Professional(FINAL) Student)
(15533 Points)
Replied 15 January 2011
| Originally posted by : Manmohan | ||
 |
These are the standards which will be applicable to specified Companies only by the virtue of section 211(3C), after they are approved by National Advisory Committee on Accounting Standards (NACAS) . The first set of Accounting Standards (i.e. converged accounting standards) will be applied from 1st April, 2011..... These companies are:- a. Companies which are part of NSE – Nifty 50 b. Companies which are part of BSE - Sens*x 30 c. Companies whose shares or other securities are listed on stock exchanges outside India d. Companies, whether listed or not, which have a net worth in excess of 1,000 crores. |
 |
CMA. CS. Sanjay Gupta
("PROUD TO BE AN INDIAN")
(114225 Points)
Replied 15 January 2011
Thanks Rohit for this information.......
ROHIT CHATURVEDI
(CA Final Student )
(2298 Points)
Replied 15 January 2011
@ manmohan: Thanks a lot for giving this valuable information
Manmohan ACA, CS
(Chartered Accountant )
(14243 Points)
Replied 15 January 2011
| Originally posted by : ROHIT CHATURVEDI | ||
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@ manmohan: Thanks a lot for giving this valuable information |
|
welcome
Rahul Sharma
(Student + A.M.- Finance)
(2530 Points)
Replied 15 January 2011
| Originally posted by : CMA. Sanjay Gupta | ||
|
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Thanks Rohit for this information....... |
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SUNNY
(CA Final & CS Professional)
(327 Points)
Replied 15 January 2011
thanks pulkit bhai for this.............
Vikas Gupta
(CHARTERED ACCOUNTANT)
(16295 Points)
Replied 15 January 2011
| Originally posted by : CMA. Sanjay Gupta | ||
|
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Thanks Rohit for this information....... |
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sahil schroff
(CA Final (N10))
(116 Points)
Replied 16 January 2011
Is this relevant for May 2011 group 1 exam point of view or not?
ROHIT CHATURVEDI
(CA Final Student )
(2298 Points)
Replied 16 January 2011
| Originally posted by : sahil schroff | ||
|
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Is this relevant for May 2011 group 1 exam point of view or not? |
|
no idea of icai notification regarding this
sahil schroff
(CA Final (N10))
(116 Points)
Replied 16 January 2011
Well I hope not! We'll find out in Feb Or March students newsletter I guess. How sweet of them to keep us in the dark! How are we supposed to plan our studies along with their promised major changes to the "study material"??! : @
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