Mandatory application of Cost Accounting Standards, w.e.f. 1st April 2010 The Council of the ICWAI at its 251st Meeting held on 12-13 February 2009 and 258th Meeting held on 14th December 2009 decided as below: Mandatory application of Cost Accounti
Research Studies Conducted under The Aegis of ICAI ARFAs a part of its continued pursuit to promote research in the fields of accounting, auditing, monetary policies and other related disciplines, the ICAI Accounting Research Foundation (ICAI ARF) ha
Inviting Suggestions, queries/comments relating to tax issues arising from implementation of IFRSThe Central Board of Direct taxes and the Institute of Chartered Accountants of India have jointly constituted a study group to identify direct tax issue
Accounting Standard (AS) 4 (Revised 20XX) (Corresponding to IAS 10) Events after the Reporting Period
IASB Exposure Draft of Limited Exemption from Comparative IFRS 7 Disclosures for First-time Adopters: Proposed amendment to IFRS 1The International Accounting Standards Board (IASB) has issued Exposure Draft of Limited Exemption from Comparative IFR
This Exposure Draft on Financial Instruments: Amortised Cost and Impairment, has been issued by the International Accounting Standards Board with the objective to replace IAS 39 Financial Instruments: Recognition and Measurement with a new standard,
The Core Group on convergence of Indian Accounting Standards reiterates commitment to converge with IFRSs by 2011 FAVOURS IMPLEMENTATION OF CONVERGED ACCOUNTING STANDARDS IN PHASED MANNER A meeting of the Core Group constituted by the Ministry of C
The Council of the Institute has approved the Cost Accounting Standard on Employee Cost (CAS-7) & Cost of Utilities (CAS-8) and approved the release of Exposure Drafts on Administrative Overheads & Repairs and Maintenance Cost.Communiqu&eacut
COMMENCEMENT OF THIRD BATCH- IFRS COURSE AT BANGALOREWe are pleased to announce that 3rd Batch at Banglore Centre of Certificate Course on IFRS is scheduled to take place from 24th October, 2009 of which details are mentioned below: Duration of C
Joint meeting of the Core Group and the two sub-groups on the implementation challenges with regard to convergence of Indian Accounting Standards with IFRS expresses confidence in the issuance of the roadmap at an early date for convergence to enable