Accounts News
Quick referencer Ebook for Accounting Standard as on 1st April 2019
30 July 2019 at 11:34'Accounting Standards : Quick Referencer' Click here for PDF Version Click here for E-Book Version
Ind AS 116, Leases - A New Era of Accounting for Lease contracts by Lessees
01 April 2019 at 22:49In the larger interest of the Indian economy and industries, the ICAI always endeavours to ensure that Indian Accounting Standards (Ind AS) Framework remains converged at all time with globally acceptable IFRS Standards. The ICAI continuously monitor
Ind AS applicable from 1st April 2019
01 April 2019 at 11:37[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II,SECTION 3, SUB-SECTION (i)]GOVERNMENT OF INDIAMINISTRY OF CORPORATE AFFAIRSNOTIFICATIONNew Delhi, the 30th March, 2019G.S.R���. (E).� In exercise of the power
Ind AS 116 on Leases applicable from 1st April,2019
30 March 2019 at 11:44The stakeholders may note that Ind AS 116, Leases shall be applicable with effect from 01st April, 2019 and necessary notification for the same shall be issued in due course after complying with the necessary procedure.http://www.mca.gov.in/
RFP by Insolvency board for appointment of accounting support and related services
11 March 2019 at 11:291 INTRODUCTIONa. The Insolvency and Bankruptcy Board of India was established on 1st October, 2016 under the Insolvency and Bankruptcy Code, 2016 (Code). It is a key pillar of the ecosystem responsible for implementation of the Code that consolidates
Exposure draft of ASLB 23, 'Revenue from Non-Exchange Transactions (Taxes and Transfers)
17 August 2018 at 11:27The Committee on Accounting Standards for Local Bodies (CASLB) has been formulating Accounting Standards for Local Bodies (ASLBs) since March, 2005. So far, the Committee has issued fifteen ASLBs. Moving forward in this
Indian Accounting Standards(Ind AS) an overview ebook
04 July 2018 at 11:04This edition contains an overview of various aspects related to IFRS-converged Indian Accounting Standards (Ind AS) such as roadmap for the applicability of Ind AS, carve-outs from IFRS/IAS, changes in financial reporting under Ind AS compared to fin
ICAI issues Accounting Standard for Local Bodies
30 May 2018 at 16:20The Committee on Accounting Standards for Local Bodies (CASLB) is formulating Accounting Standards for Local Bodies (ASLBs) since March, 2005 to improve financial reporting for local bodies. So far, the Committee has issued thirteen ASLBs including o
FAQ on IndAS by ITFG
06 April 2018 at 11:22Ind AS Transition Facilitation Group (ITFG) Clarification Bulletin 15Ind AS Transition Facilitation Group (ITFG) of Ind AS Implementation Group has been constituted for providing clarifications on timely basis on various issues related to the applica
Issuance of New Revenue Standard Ind AS 115
31 March 2018 at 12:22An important development in Ind AS Framework i.e. a new Ind AS in the area Revenue recognition has been notified by Ministry of Corporate Affairs which was formulated based on recommendation made by The Institute of Chartered Accountants of India.The
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