Accounts News

Insolvency and Bankruptcy code has changed debtors and creditor relationship

21 August 2017 at 11:56

FM inaugurates the National Conference on Insolvency and Bankruptcy :Changing Paragdigm in Mumbai Creditors and Debtors perspective �Striking the balance �The Union Minister of Finance, Defence and Corporate Affairs, Shri Arun Jaitley sai

Posted in Accounts | 1 comments | 7902 Views

Relevant part of MAT-Ind AS Committee Report

28 July 2017 at 11:26

Relevant part of MAT-Ind AS Committee Report dated 17th June, 2017 containing recommendations regarding amendment to the provisions of the section 115JB of the Income-tax Act, 1961 in respect of Ind AS Compliant Companies.Under Ind AS, there are cert

Posted in Accounts | 5628 Views

Exposure Draft of Ind AS Taxonomy for Comments

11 January 2017 at 11:14

As per the roadmap issued by the Ministry of Corporate Affairs (MCA) in February 2015, certain class of companies have to prepare their financial statements as per Indian Accounting Standards (Ind AS) which are converged with International Financial

Posted in Accounts | 4647 Views

Nomination for Membership at the International Accounting Standards Board

08 November 2016 at 10:45

International Accounting Standards Board (IASB) is seeking applications for vacancies in the Board (A) IASB position summary:The International Accounting Standards Board is the independent standard-setting body of the IFRS Foundation. Members of the

Posted in Accounts | 4323 Views

Road Map for implementation of Indian Accounting Standards

30 April 2016 at 15:44

The Road Map for implementation of Indian Accounting Standards (Ind AS) for commercial Banks (Banks), Insurance Companies (Insurers) and Non-Banking Financial Companies (NBFCs) was announced on 18/01/2016 and implementation schedule is drawn as follo

Posted in Accounts | 1 comments | 15444 Views

Date for withdrawal of all old series banknotes extended

24 December 2015 at 11:06

RBI/2015-16/275DCM (Plg) No.G-8/2331/10.27.00/2015-16December 23, 2015The Chairman / Managing Director / Chief Executive OfficerAll Scheduled Commercial BanksPrimary (Urban) Co-operative Banks / RRBsMadam / Dear Sir,Withdrawal of all old series of Ba

Posted in Accounts | 2 comments | 20313 Views

Withdrawal of five Guidance Notes on Accounting

24 October 2015 at 11:20

The Council, at its Special (347th) meeting, held on October 14, 2015, has decided to withdraw the following five Guidance Notes on Accounting as the same are no longer relevant in the present day context in view of the requirements of the Companies A

Posted in Accounts | 3 comments | 22947 Views

Special Clearing operations on March 30 and 31, 2015

27 March 2015 at 10:42

RBI/2014-15/517DPSS.CO.CHD.No./1776/03.01.02/2014-2015March 26, 2015 The Chairman and Managing Director / Chief Executive OfficerAll Scheduled Commercial Banks including Regional Rural Banks/Urban Co-operative Banks / State Co-operative Banks /Distri

Posted in Accounts | 1 comments | 17175 Views

ICAI's way forward for Implementation of Ind AS

07 January 2015 at 10:57

The Institute of Chartered Accountants of India (ICAI) notes with great pride that the Government has accepted its recommendations with regard to the roadmap for implementation of Indian Accounting Standards (Ind AS) for companies other than banking

Posted in Accounts | 10 comments | 26340 Views

Annual Accounts of ICAI for year 2013-2014

05 December 2014 at 10:44

In accordance with the provisions of sub-section (5B) of Section 18 of the Chartered Accountants Act, 1949, a copy of the Annual Report and Audited Accounts of the Institute for the year 2013-2014 is required to be published in the Gazette of India l

Posted in Accounts | 1 comments | 30651 Views