Accounts News


Guidance Note on Accounting for Rate Regulated Activities

   18 February 2012 at 11:04

Guidance Note on Accounting for Rate Regulated Activities

Posted in Accounts |   8379 Views


Exposure Draft of Guidance Note on Cost Accounting Standard on Employee Cost (CAS-7)

   17 February 2012 at 11:05

Cost Accounting Standards Board, the standard-setting body of the Institute, has approved the release of Exposure Draft of Guidance Note on Cost Accounting Standard - 7 on Employee Cost (CAS - 7). The proposed ED Guidance Note may be modified in l

Posted in Accounts |   8052 Views


Guidance Note on Accounting for Real Estate Transactions (Revised 2012)

   17 February 2012 at 11:05

Guidance Note on Accounting for Real Estate Transactions (Revised 2012)

Posted in Accounts |   19011 Views


CASB releases Exposure Draft of CAS - 2 (Revised 2012)

   10 February 2012 at 12:04

Cost Accounting Standards Board, the standard-setting body of the Institute, has approved the release of Exposure Draft of Revised Cost Accounting Standard - 2 on Capacity Determination (CAS - 2). The proposed standard may be modified in light of

Posted in Accounts |   7284 Views


Icai proposes upgrades for accounting norms

   08 December 2011 at 10:15

The Icai has sought comments from the public on an exposure draft by 20 December With the ministry of corporate affairs (MCA) not moving ahead on implementing global accounting standards in India, the country’s apex accounting body is prop

Posted in Accounts |   6759 Views


ICWAI has released Guidance Note on Cost Accounting Standard 6 Material Cost (CAS-6)

   16 November 2011 at 17:49

The Institute has released Guidance Note on Cost Accounting Standard 6 Material Cost (CAS-6).

Posted in Accounts |   15696 Views


FM to Cost Accounts Service to help in Optimal Utilization of Resources

   11 August 2011 at 12:27

The Union Finance Minister Shri Pranab Mukherjee said that officers of Indian Cost Accounts Service (ICAS) have a major role to play in facilitating the government in its decision making process through their inputs in solving complex pricing and co

Posted in Accounts  3 comments |   9678 Views


Cost Accounting Standard Board invites comments on Exposure Draft - Generally Accepted Cost Accounting Principles (GACAP)

   25 July 2011 at 14:17

The Central Council of the Institute has approved the release of Exposure Draft of Generally Accepted Cost Accounting Principles (GACAP) Document as recommended by the Cost Accounting Standards Board (CASB), the standard-setting body of the Insti

Posted in Accounts  1 comments |   7737 Views


Differences between IFRSs and IND AS

   13 July 2011 at 11:19

Differences between IFRSs and IND AS

Posted in Accounts  14 comments |   20979 Views


Carve Outs provided in Ind AS

   01 July 2011 at 11:26

The Ind As have been prepared by NACAS and with its recommendation submitted to MCA.NACAS adopted due consultative proposed of hosting the draft Ind As insisting comments/suggestions and therefore after deliberated with industries representative i

Posted in Accounts |   11634 Views