Accounts News

ICAI issued Technical Guide on Financial Statements of Non-Corporate Entities

10 June 2022 at 08:48

For the purpose of applicability of Accounting Standards to non-company entities, scheme for classification of non-company entities into four levels, viz., Level I, Level II, Level III and Level IV was prescribed by the ICAI.

Posted in Accounts | 8898 Views

ICAI releases Exposure Draft of AS 108, Segment Reporting

30 April 2022 at 08:32

Exposure Draft of Revised Accounting Standard for Comments

Posted in Accounts | 5370 Views

ICAI releases ED of Initial Application of Ind AS 117 and Ind AS 109

09 February 2022 at 08:44

Exposure Draft of Initial Application of Ind AS 117 and Ind AS 109- Comparative Information - Amendments to Ind AS 117, Insurance Contracts

Posted in Accounts | 1 comments | 5055 Views

Post-implementation Review of IFRS 9-Classification and Measurement

06 October 2021 at 05:44

ICAI has opened the Request for Information: Post-implementation Review of IFRS 9 - Classification and Measurement for comments. Comments on the same may be sent to ICAI electronically, or via email or post by 10th December 2021.

Posted in Accounts | 4314 Views

Know all about Account Aggregator Network - a Financial Data-Sharing System

11 September 2021 at 05:48

The Account Aggregator system in banking has been started off with eight of India's largest banks. The Account Aggregator system can make lending and wealth management a lot faster and cheaper.

Posted in Accounts | 5337 Views

ICAI I Exposure Draft of revised AS 105 - Non-current Assets Held for Sale and Discontinued Operations

13 August 2021 at 17:23

ICAI has released the Exposure Draft of Revised AS 105, Non-Current Assets Held for Sale and Discontinued Operations. Comments on the same may be sent electronically or via email or post so as to reach the institute by 14th September 2021.

Posted in Accounts | 4269 Views

ICAI releases Exposure Draft of Revised AS 102, Share-based Payments

09 July 2021 at 20:47

The Institute of Chartered Accountants of India has released the Exposure Draft of Revised AS 102 - Share-based Payments for comments with the last date being 7th August 2021. Comments on the same can be submitted Electronically, via Email or Post.

Posted in Accounts | 2505 Views

ICAI releases Exposure Draft of the Amendments in the IND AS Taxonomy

04 June 2021 at 18:23

ICAI has released the Exposure Draft for Amendments in IND AS Taxonomy and in order to endorse transparency, objectivity, independence and participation of stakeholders, the same has been exposed for public comments till 19th June 2021.

Posted in Accounts | 2484 Views

ICAI releases ED on Amendments to Ind AS 8, Accounting Policies, Changes in Accounting Estimates and Errors

02 June 2021 at 22:25

The Institute of Chartered Accountants of India has released the Exposure Draft on Amendments to Ind AS 8, Accounting Policies, Changes in Accounting Estimates and Errors and the same has been made available for public comments until 1st July 2021.

Posted in Accounts | 2748 Views

ICAI releases the Exposure Draft of Revised Accounting Standards for Public Comments

13 May 2021 at 05:43

The Institute of Chartered Accountants of India has released the Exposure Draft of Revised AS 12 - Income Taxes for comments, with the last date being June 10, 2021. Comments may be submitted on the Exposure Draft electronically, or via email or post.

Posted in Accounts | 2820 Views