Accounts News


Announcement on renumbering of already issued ASLBs

   27 February 2013 at 17:05

Committee on Accounting Standards for Local Bodies The Committee on Accounting Standards for Local Bodies (CASLB), since its inception, has issued the following seven Accounting Standards for Local Bodies (ASLBs): 1. ASLB 1, ‘Presentation

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New/Revised Ind ASs finalised by ICAI (Post February, 2011)

   07 February 2013 at 17:00

The following are the New/Revised Ind ASs (Post February, 2011) corresponding to the new/revised IFRSs issued by the IASB after finalisation of 35 Ind ASs hosted on the MCA’s website. These Ind ASs have been finalised by the Council of the I

Posted in Accounts  2 comments |   27486 Views


Exposure Draft: Acquisition of an Interest in a Joint Operation (Proposed amendment to IFRS 11) - (Last date for sending comments: March 20, 2013)

   07 February 2013 at 10:01

The International Accounting Standards Board (IASB) has published this Exposure Draft of proposed amendments to introduce guidance on the accounting, by a joint operator, for the acquisition of an interest in a joint operation, as defined in IFRS

Posted in Accounts |   9891 Views


IND-AS placed on MCA website for wider dissemination

   18 December 2012 at 11:54

Indian Accounting Standards After extensive stakeholders consultation on IFRS standards, the converged Indian Accounting Standards (IND-AS) have been placed on the website of the Ministry of Corporate Affairs for wide dissemination and fa

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Keeping the Accounting Standards in Tune with the Times

   01 December 2012 at 10:53

Government has said that the examination of various rules and Accounting Standards under the Companies Act, 1956 is an ongoing process. Giving this information in written reply to a question in the Lok Sabha Shri Sachin Pilot, Minister of Corporat

Posted in Accounts |   14445 Views


Exposure Draft of Amendments to Indian Accounting Standard (Ind AS) 101, First-time Adoption of Indian Accounting Standards (Comments to be received by December 15, 2012)

   30 November 2012 at 12:22

Exposure Draft of Amendments to Indian Accounting Standard (Ind AS) 101, First-time Adoption of Indian Accounting Standards (Comments to be received by December 15, 2012)

Posted in Accounts |   8964 Views


ICAI releases Exposure Draft on AS22, 12 and 4

   03 October 2012 at 11:45

ICAI released Exposure Draft on AS22, 12 and 4

Posted in Accounts |   17421 Views


Business Rules Final Costing Taxonomy 2012

   24 September 2012 at 16:48

Business Rules Final Costing Taxonomy 2012

Posted in Accounts |   11910 Views


Final Costing Taxonomy for FY 11-12 Filings

   18 September 2012 at 11:54

Final Costing Taxonomy for FY 11-12 Filings

Posted in Accounts |   12441 Views


Exposure draft of Annual Improvements to IFRSs 2010-2012 Cycle

   30 July 2012 at 16:46

Exposure draft of Annual Improvements to IFRSs 2010-2012 Cycle (Comments to be received by August 30, 2012) The International Accounting Standards Board had issued this Exposure draft of Annual Improvements to IFRSs 2010-2012 Cycle On 3 May 2012

Posted in Accounts |   10806 Views