Tag: Accounting Standards
ICAI clarifies level of authority attached to Guidance Notes, Accounting Standards’ and ‘Standards on Auditing issued by it and degree of compliance required. Clarification Regarding Authority Attached to Documents Issued by ICAI 1. The Institute has, from time to time, issued ‘Guidance Notes’ on a number of matters. …
The Companies (Indian Accounting Standards) Amendment Rules, 2021. Ministry of Corporate Affairs has notified the Companies (Indian Accounting Standards) Amendment Rules, 2021 to further amend the Companies (Indian Accounting Standards) Rules, 2015. The amendment shall become effective from 18th June 2021. The following Indian Accounting Standards ( Ind …
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 …
RBI Defers Implementation of Indian Accounting Standards (Ind AS) for Scheduled Commercial Banks BI/2018-2019/146DBR.BP.BC.No.29/21.07.001/2018-19 March 22, 2019 All Scheduled Commercial Banks(excluding Regional Rural Banks) Madam / Dear Sir, Deferral of Implementation of Indian Accounting Standards (Ind AS) Please refer to paragraph 3 of the Statement on Developmental and Regulatory …
Amendments to Accounting Standards by ICAI Amendment to AS 2, 4, 6, 10, 13, 14, 21 and 29 issued by ICAI pursuant to issuance of amendments to Accounting Standards by the MCA-ICAI Announcement Amendment to AS 2, 4, 6, 10, 13, 14, 21 and 29 issued by the Institute …