Indian Accounting Standards (Ind AS): Disclosures Checklist For Accounting year 2018-19 (Revised May 2019)

Financial reporting in India has undergone a momentous transformation owing to the adoption of Indian Accounting Standards (Ind AS). This paradigm shift has made the Indian financial reporting framework at par with the global standards of reporting for public interest entities. ICAI is making continuous endeavour to remain converged with global standards at all the time. Implementation of Ind AS has led to many perceived benefits to various stakeholders, who have complimented ICAI on its efforts/initiatives in guiding/supporting the stakeholders in this mega transition of financial reporting.

ICAI had come out with a Publication on ‘Ind AS Disclosures Checklist’ in 2018 to provide all the Ind AS disclosures at one place for the assistance of members and other stakeholders. With the implementation of Ind AS 115, Revenue from Contract with Customers, and withdrawal of Ind AS 11, Construction Contracts, and Ind AS 18, Revenue, from the accounting year beginning April 1, 2018, it has been decided to revise the publication and provide the updated information for the benefit of the members and other stakeholders. It gives me immense pleasure to share this revised Publication on ‘Ind AS Disclosure Checklist’ capturing amendments in disclosure requirements under Ind AS applicable for accounting year 2018-19.

Download -Indian Accounting Standards (Ind AS): Disclosure Checklist

Republished with amendments

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