Tag: IndAS
ICAI Guide and FAQ on Indian Accounting Standards 20, Accounting for Government Grants and Disclosure of Government Assistance Educational Material on Indian Accounting Standards 20 The Ministry of Corporate Affairs (MCA) vide its notification dated 16th February, 2015 notified Ind AS 20, Accounting for Government Grants and Disclosure …
ICAI Quick Referencer on IndAS. It provides glance on basic aspects of applicable standards ICAI Quick Referencer on IndAS 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 …
ICAI issues educational material on Indian Accounting Standard (Ind AS) 8, Accounting Policies, Changes in Accounting Estimates and Errors According to the ICAI This Educational Material on Ind AS 8, Accounting Policies, Changes in Accounting Estimates and Errors will provide guidance to the stakeholders in understanding the criteria …
ICAI revised Guidance Note on Non Ind AS /IndAS Schedule III of the Companies Act 2013 In 2016, immediately after the introduction of format of Schedule III to the Companies Act 2013 , the ICAI had brought the first edition of the Guidance Note on Division I – …
ICAI Ind AS-Disclosures Checklist for Accounting year 2018-19 (Revised May 2019) Ind AS-Disclosures Checklist by ICAI There are many disclosure requirements in Ind AS, the materiality governs deciding what information to disclose. ICAI had come out with a Publication on ‘Ind AS Disclosures Checklist’ in 2018 to provide …
Companies (Indian Accounting Standards) Amendment Rules, 2019. GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 30th March, 2019 G.S.R (E).— In exercise of the powers conferred by section 133 read with section 469 of the Companies Act, 2013 (18 of 2013), the Central Government, in consultation …
Companies (Indian Accounting Standards) Second Amendment Rules, 2019. GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 30th March, 2019 G.S.R (E).— In exercise of the powers conferred by section 133 read with section 469 of the Companies Act, 2013 (18 of 2013), the Central Government, in consultation …
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 …
ICAI has issued an educational Material on Indian Accounting Standard (Ind AS) 111, Joint Arrangements The Educational Material on Ind AS 111, Joint Arrangements will provide guidance to the stakeholders in how an entity that is a party to a joint arrangement to determine the type of joint arrangement …
ICAI Educational Material on Indian Accounting Standard (Ind AS) 110, Consolidated Financial Statements ICAI has released Educational Material on Indian Accounting Standard (Ind AS) 110, Consolidated Financial Statements Ind AS 110 establishes principles for the presentation and preparation of consolidated financial statements when an entity controls one or …
