Accounts News

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 | 12027 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 | 5049 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 | 10914 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 | 9501 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 | 8922 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 | 7776 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 | 5352 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 | 5391 Views

IASB and FASB propose a new joint standard for revenue recognition

25 June 2010 at 11:49

The International Accounting Standards Board (IASB) and the US Financial Accounting Standards Board (FASB) today published for public comment a draft standard to improve and align the financial reporting of revenue from contracts with customers and r

Posted in Accounts | 1 comments | 6705 Views

ICAI IFRS Task Force

08 June 2010 at 11:17

ICAI-IFRS Task Force

Posted in Accounts | 3 comments | 11862 Views