Exposure Draft of Clarifications to Ind AS 115, Revenue from Contracts with Customers – (26-04-2017) Following is the Exposure Draft of Clarifications to Ind AS 115, Revenue from Contracts with Customers, issued by the Accounting Standards Board of the Institute of Chartered Accountants of India, for comments. The Board invites comments on any aspect of… Read More »
Prepayment Features with Negative Compensation (Proposed amendments to IFRS 9) – (24-04-2017) Exposure Draft issued by IASB on Prepayment Features with Negative Compensation (Proposed amendments to IFRS 9) is for comments only. Comments on the Exposure Draft need to be received by May 15, 2017. This Exposure Draft, published by the International Accounting Standards Board,… Read More »
Consolidation under Ind AS – IFRS Converged Standards Paperback – 2016 by CA Parveen Kumar (Author) Publishing consolidated financial statements was not compulsory for Indian companies till last year. The Companies Act 2013 (‘Act’) mandates preparation of consolidated Financial Statements for all the companies having subsidiaries. The Act also establishes the principle that financial statements… Read More »
iGAAP 2016 A guide to Ind AS reporting Hardcover – 2016 by Deloitte (Author) Price Rs 5880. Click to buy online Description In February 2015, the Ministry of Corporate Affairs notified the Companies (Indian Accounting Standards) Rules, 2015 that set out the text of 39 Indian Accounting Standards (Ind ASs) and the dates of implementation of… Read More »
CAS-17 (REVISED 2017) COST ACCOUNTING STANDARD ON INTEREST AND FINANCING CHARGES The following is the Cost Accounting Standard (CAS 17) (Revised 2017) issued by the Council of The Institute of Cost Accountants of India for determination of “INTEREST AND FINANCING CHARGES”. In this Standard, the standard portions have been set in bold italic type. These… Read More »
The Revised Cost Accounting Standards (CAS-6, CAS-7, CAS-12, CAS -16 and CAS 17) are as follows: CAS-6 (Revised 2017) CAS-7 (Revised 2017) CAS-12 (Revised 2017) CAS -16 (Revised 2017) CAS -17 (Revised 2017)
First Lessons in ADVANCED ACCOUNTING (For Intermediate (IPC) Course Group II Students) (with reference to the Companies Act 2013 and Schedule III) (Incorporating Amendments by Notification dt. 30-3-2016) (Including November 2016 Solved Paper) by M.P. Vijay Kumar Description of Advanced Accounting Book for IPC by M.P. Vijay Kumar Written in an easy-to-grasp style, this is a… Read More »
IAS 16 – Property, Plant & Equipment Related Post Video Tutorial – IAS 38 – Intangible Assets
The Ministry of Corporate Affairs in terms of provision to Section 148(3) of the Companies Act, 2013 approved the Cost Auditing Standards on 10th September 2015 for mandatory compliance by the cost auditors in the audit of the cost records maintained by the companies covered under the Companies (Cost Records and Audit) Rules: Cost Auditing… Read More »
Illustrated Guide to Indian Accounting Standards (Ind AS ) (3rd Edition 2017) This Ind AS book is as after incorporating Amended by Companies (Indian Accounting Standards)(Amendment) Rules 2016 You can buy this Ind AS Book for Rs 1608. Here is the Link to Buy online. Paperback: 1240 pages Publisher: Taxmann Publications Pvt. Ltd.; 3rd… Read More »