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India (ICAI) to bring comparability in financial statements not just across periods but also regions. At the same time, Guidance Notes have also been issued by the Council of the ICAI to reinforce the general principles laid down in the Accounting Standards as well as uniformity in accounting for areas where currently Standards are being
filexlib. accounting standards comparable to the best of best in the world. There have been significant changes in the legal framework and accounting standards since the last edition of Compendium of Accounting Standards. Notable are arrival of new set of accounting standards called Indian Accounting Standards (Ind AS) for a certain categories of companies, publication will serve as a ready referencer of Accounting Standards to the preparers, auditors of financial statements and other stakeholders. Publication captures summary of Accounting Standards issued by the ICAI as well as Companies (Accounting Standards) Rules, 2006 notified by the Ministry of Corporate Affairs, Government of India.
Accounting Standard AS 3 – Cash Flow Statements PDF Download:-The Cash Flow Statements has been issued by the Institute of Chartered Accountants of India ICAI. The Accounting Standard AS 3 (Cash Flow Statement) came into effect from 1st April 1997. The AS 3 is not applicable to small and Medium Scale industries.
XV. Accounting Standards Specified by the Institute of Chartered Accountants of India under Section 211 of the Companies Act, 1956 XVI. Applicability of Accounting Standards to Co-operative Societies XVII. Applicability of Accounting Standards (with reference to Small and Medium Sized Enterprises) XVIII. Treatment of exchange differences under
Institute of Chartered Accountants of India
Accounting Standards are formulated as Accounting Standards(AS) and Indian Accounting Standards (Ind AS) through a robust and comprehensive process in order to assist ICAI to discharge its role of national standard-setter. docx, rtf, pdf Upload File . Save Cancel. Warning. OK; Congratulations! OTP Popup OTP Phone Popup OTP Validate Popup ×.
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