The Institute of Chartered Accountants of India (ICAI) notified the Exposure Draft of Revised Accounting Standards for Public Comments. The Indian Accounting Standards (Ind AS), as notified by the Ministry of Corporate Affairs in February

The Institute of Chartered Accountants of India ( ICAI ) has proposed twelve new Accounting Standards for Local Bodies. The Institute has been formulating accrual-based Accounting Standard for Local Bodies (ASLBs) since March 2005 to

The Accounting Standards Board (ASB) of the Institute of Chartered Accountants of India (ICAI)hasannounced the launch of online batch 35 of the ‘Certificate Course on Indian Accounting Standards (Ind AS)’. The Batch will bestarting from

The Ministry of Corporate Affairs (MCA) notified the accounting standards for small and medium companies that revise the turnover and borrowing limits and help in making disclosure requirements less onerous. The Government notified the Companies

The Accounting Standards Board of the Institute of Chartered Accountants in India (ICAI), has released standards on Related Party Disclosures which will be applicable to all companies having net-worth less than Rs. 250 crores including

The Institute of Chartered Accountants of India (ICAI) released the Draft of Revised Accounting Standards for Public Comments. The Indian Accounting Standards (Ind AS), as notified by the Ministry of Corporate Affairs in February 2015,

The Institute of Chartered Accountants of India ( ICAI ) has issued Accounting Standards for Local Bodies. The Committee on Accounting Standards for Local Bodies (CASLB) is formulating Accounting Standards for Local Bodies (ASLBs) since March,

The Accounting Standards Board of the Institute of Chartered Accountants in India (ICAI), has released standards which will be applicable to all companies having net-worth less than Rs. 250 crores including non-corporate entities. The Indian

The National Financial Reporting Authority (NFRA) wrote a letter to the Secretary of the  Institute of Chartered Accountants of India (ICAI) on Regulatory Impact Assessment for the revision of existing Accounting Standards. The ICAI has

The Institute of Chartered Accountants of India ( ICAI ) has unveiled the Exposure Draft on Interest Rate Benchmark Reform-Phase 2 (Proposed amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16).

The Institute of Chartered Accountants of India (ICAI) has amended the provisions of Exposure Draft of Deferred Tax related to Assets and Liabilities arising from a Single Transaction to ease diversity in the reporting of

The Institute of Chartered Accountants of India ( ICAI ) has issued an advisory on Accounting and Assurance related issues for Financial Year 2019-20. COVID-19, an infectious disease caused by a novel Coronavirus is exponentially

The Mumbai bench of the Income Tax Appellate Tribunal (ITAT), on Friday held that the expenditure cannot be disallowed when the assessee has followed the Accounting Standard issued by the Institute of Chartered Accountants of

The Ministry of Corporate Affairs (MCA) last day notified that the provisions of Accounting Standard 22 or Indian Accounting Standard 12 relating to deferred tax asset or deferred tax liability are not applicable to certain

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