ICAI Quick Referencer on IndAS. It provides glance on basic aspects of applicable standards
Literature of the Indian Accounting Standards (IndAS) is vast and going through the entire literature when in need of a particular aspect is a practical problem.
Taking cognizance of this practical problem, the ICAI has released a publication named Quick Referencer on Indian Accounting Standards. The said publication has been brought out that provides a glance on the basic aspects of applicable standards in a summarised manner with an objective to provide a basic understanding of IndASs to the Chartered Accountants (CAs).
Apart from the members, the publication will be very useful for the other concerned stakeholders.
This publication however provides only a glance through the applicable Ind ASs and for a better and detailed understanding of Ind ASs, it is advisable go thoroughly through the entire text of the Standards and publications such as Educational Materials and ITFG Clarification Bulletins
The prima facie satisfaction u/s 148 cannot be stretched to a non-existing information or incorrect information - ITAT In a…
Mutual Funds to value physical Gold and Silver by using the polled spot prices published by the recognized stock exchanges…
Supreme Court allows simultaneous CIRP proceedings against principal debtor and its corporate guarantor, declines to frame any guidelines In a…
Merely because assessee had declared sales for only one month, the same cannot be treated as bogus on the basis…
ITAT deleted addition as the method of accounting had been accepted by the department in earlier years and the entire…
Orders passed under Benami Act cannot be challenged under Insolvency and Bankruptcy Code, 2016 - SC In a recent judgment,…