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Wednesday 13 January 2021

Accounting Standards in India

Accounting Standards in India


AS 1  Disclosure of Accounting policies

AS 2  Valuation of Inventories

AS 3  Cash flow statement

AS 4  Contingencies and Events occurring after the Balance sheet

AS 5  Net profit or loss for the period, prior period item and changes in Accounting Policies

AS 6  Depreciation of Accounting

AS 7  Accounting for construction contracts

AS 8  Accounting for research and Development

AS 9  Revenue Recognition

AS 10 Accounting for Fixed Assets

AS 11 Accounting for the effects of changes in foreign exchange rates

AS 12 Accounting for Government grants

AS 13 Accounting for investment

AS 14 Accounting for Amalgamations

AS 15 Accounting for retirement benefits in the financial statement of employers

AS 16 Borrowing costs

AS 17 Segment Reporting

AS 18 Related party Disclosures

AS 19 Leases

AS 20 Earning per share

AS 21 Consolidated Financial statements

AS 22 Accounting for taxes on Income

AS 23 Accounting for Investments in associated in consolidated financial statements

AS 24 Accounting for discontinued operations

AS 25 Interim Financial Reporting

AS 26 Intangible assets

AS 27 Financial Reporting of interests in joint ventures

AS 28 Impairment of assets

INTERNATIONAL CO OPERATIVE ALLIANCE (ICA)

ICA stands for International Co operative Alliance  ICA is a federation of co operative organisation in the world ICA established...