CA, CS, CMA : Discover a comprehensive FAQ on Ind AS 115, covering revenue recognition principles, key concepts, and implementation challenges. ...
CA, CS, CMA : Detailed Analysis of Differences Between Indian Accounting Standards (Ind AS) and International Financial Reporting Standards (IFR...
CA, CS, CMA : Understand AS 13 Accounting for Investments: Learn about investment types, properties, carrying amounts, reclassification, and ess...
CA, CS, CMA : Discover the complexities of treating goodwill under Ind AS, covering its recognition, measurement, impairment, and allocation pri...
CA, CS, CMA : Explore AS 17 Segment Reporting: its scope, definitions of business and geographical segments, allocation methods, and criteria fo...
CA, CS, CMA : Stay updated on Indian Accounting Standards (Ind AS) amendments. Accounting Standards Board seeks your input on Lack of Exchangeab...
CA, CS, CMA : Accounting Standards Board has issued Exposure Draft of Supplier Finance Arrangements - Amendments to Ind AS 7 and Ind AS 107 co...
CA, CS, CMA : Accounting Standards Board has issued Exposure Draft of International Tax Reform—Pillar Two Model Rules - Amendments to Ind AS 1...
Corporate Law : The National Financial Reporting Authority (NFRA) held a meeting to examine the proposals received from the Institute of Chartered...
CA, CS, CMA : Certain Ind AS require capital reserve to be created toward unrealised profits arising from certain transactions or other events. ...
Income Tax : Treatment as per Income Tax Act and Indian Accounting Standard in case of Slump sale / Sale of Division/ sale of undertaking betwe...
Company Law : NFRA's investigations inter-alia revealed that CDGL's Auditors for FY 2018-19 failed to meet relevant requirements of Standards on...
Company Law : MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 31st March, 2023 G.S.R. 242(E). — In exercise of the powers conferred ...
Company Law : NFRA Circular on Non-Accrual of interest on borrowings by the companies in violation of Indian Accounting Standards (Ind AS) It ha...
Corporate Law : The Authority has been working on implementation of Ind AS in Insurance sector including new standard on insurance contracts in In...
SEBI : SEBI vide notification dated January 25, 2022 amended SEBI (Mutual Funds) Regulations, 1996 (MF Regulations), which, inter-alia, m...
The Authority has been working on implementation of Ind AS in Insurance sector including new standard on insurance contracts in India which is equivalent of IFRS 17 (Insurance Contracts) promulgated by the International Accounting Standards Board (IASB).
Understand the scope and purpose of Ind AS 1 Presentation of Financial Statements. Learn about the requirements for presenting general purpose financial statements.
ICAI has released Compendium of Indian Accounting Standards (Ind AS) (as on April 01, 2022) along with e-version of related guidance material at the occasion of CA Day held on July 01, 2022.
Ind AS 34 does not specify which entities must publish an interim financial report. This is generally a matter for relevant law and government regulations.
Understand the difference between Indian Accounting Standards (Ind AS) and Accounting Standards (AS). Explore the changes and benefits of Ind AS for financial statement preparation.
Understanding IND AS 40 Investment Property and its significance from the perspective of a Real Estate Company.
Unlock the complexities of Compound Financial Instruments under IND As 109. Dive into A Ltd’s issuance of 100,000,000 @ 10 each, 0.0001% Redeemable Preference Shares. Explore the four-step model, from identifying components to fair value determination. Understand the financial statement disclosure, including balance sheet insights on financial liability and equity components. Gain clarity on interest amortization and preference dividend expense in the profit and loss statement. Navigate the intricacies with our comprehensive guide.
Under the Indian GAAP, assets and liabilities were required to be recorded at their book values. However, under Indian Accounting Standards (Ind AS), certain assets and liabilities are required to be recorded at a fair value on each reporting date. This has opened up new opportunities for valuers in India. However, it is imperative for […]
Get a concise overview of Ind AS 116 – Leases. Learn about the principles of recognition, measurement, presentation, and disclosure for lease arrangements.
Exposure Draft of Initial Application of Ind AS 117 and Ind AS 109- Comparative Information – Amendments to Ind AS 117, Insurance Contracts
