Companies Act

The Companies (Indian Accounting Standards) Amendment Rules 2020

The Companies (Indian Accounting Standards) Amendment Rules, 2020

The Ministry of Corporate Affairs has notified the Companies (Indian Accounting Standards) Amendment Rules, 2020. The Rules amend the Companies (Indian Accounting Standards) Rules, 2015.

Amendments have been made to the following IndAS notified so far:

IndAS 1 related to Presentation of Financial Statements

IndAS 103 related to Business Combinations

IndAS 107 related to Financial Instruments: Disclosures

IndAS 109 related to Financial Instruments

INdAS 116 related to Leases

INdAS 8 related to Operating Segments

IndAS 10 related to Events after the Reporting Period

IndAS 34 related to Interim Financial Reporting

IndAS 37 related to Provisions, Contingent Liabilities and Contingent Assets

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