Accounts News


Exposure Draft of Framework for the Preparation and Presentation of Financial Statements

   19 January 2011 at 13:40

Exposure Draft of Framework for the Preparation and Presentation of Financial Statements

Posted in Accounts |   10059 Views


Near Final Indian Accounting Standards (IND ASs)

   14 January 2011 at 21:02

Near Final Indian Accounting Standards (IND ASs) These are the near final Indian Accounting Standards (Ind ASs) finalised by the Council of the ICAI and sent to the National Advisory Committee on Accounting Standards (NACAS). These are subject t

Posted in Accounts  5 comments |   21000 Views


Position paper on Identification of tax issues arising out of convergence with IFRS

   30 December 2010 at 11:03

Position paper on Identification of tax issues arising out of convergence with IFRS prepared by the Group constituted by ICAI for the purpose A Group for identifying direct tax issues arising from convergence of Indian Accounting S

Posted in Accounts  1 comments |   12060 Views


Strengthening of National Advisory Committee on Accounting Standards

   16 December 2010 at 10:36

Strengthening of National Advisory Committee on Accounting Standards The Minister of Corporate Affairs, Shri Salman Khurshid, recently informed the Parliament that the Parliamentary Standing Committee on Finance has recommended that the National

Posted in Accounts |   5064 Views


Suggestions invited on issues related to Convergence of Indian Accounting Standards with IFRS: last date: 20th December, 2010

   10 December 2010 at 15:00

Suggestions invited on issues related to Convergence of Indian Accounting Standards with IFRS: LAST DATE: 20T

Posted in Accounts  1 comments |   10968 Views


Initial draft of guidance note on cost accounting standard on material cost (cas-6)

   04 December 2010 at 11:25

INITIAL DRAFT OF GUIDANCE NOTE ON COST ACCOUNTING STANDARD ON MATERIAL COST (CAS-6) The Secretariat of the CASB of ICWAI has drafted the Initial Draft of Guidance Note on Cost Accounting Standard - 6 on Material Cost (CAS - 6). The proposed ini

Posted in Accounts |   9519 Views


National Advisory Committee on Accounting Standards Almost Finalizes Drafting of the Converged Accounting Standards

   09 November 2010 at 22:25

National Advisory Committee on Accounting Standards Almost Finalizes Drafting of the Converged Accounting Standards Converged Standards will have to be Followed by Phase-I Companies W.E.F. 01.04.2011 Ministry of Corporate Affairs, after wide co

Posted in Accounts |   8955 Views


Communique from Chairman (CASB) inviting comments on Exposure Draft, revised COST ACCOUNTING STANDARD ON "OVERHEADS"

   23 September 2010 at 11:14

Communique from Chairman (CASB) inviting comments on Exposure Draft, revised COST ACCOUNTING STANDARD ON “OVERHEADS” From Cost Accounting Standards Board Communiqué From Chairman-CASB. REQUEST FOR COMMENTS The Central Council

Posted in Accounts |   7797 Views


Core Group on IFRS from India and the IFRS Council of Japan Sign Memorandum of Understanding on IFRS

   27 July 2010 at 17:26

Core Group on IFRS from India and the IFRS Council of Japan Sign Memorandum of Understanding on IFRS India and Japan have signed a historic Memorandum of Understanding (MOU) on IFRS. It was signed in Japan between the Core Group on IFRS constitute

Posted in Accounts |   5376 Views


RBI sets up Working Group to address Implementation Issues in IFRS

   23 July 2010 at 09:57

RBI sets up Working Group to address Implementation Issues in IFRS The Reserve Bank of India has constituted up a Working Group under the Chairmanship of Shri P R Ravi Mohan, Chief General Manager, Department of Banking Operations & Developmen

Posted in Accounts  1 comments |   5406 Views



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