How many accounting standards in india
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Answer / jithin jose paiyapilly
There are a total of 32 Accounting Standards issued by ICAI
Is This Answer Correct ? | 3 Yes | 2 No |
Answer / mehr
there are 32.... from as1- as 7 and as9 to as 32.... as 8 has been merged with another
Is This Answer Correct ? | 1 Yes | 0 No |
the institute of chartered accountants of india has been
issued 32 accounting standards till now.
however AS-8 has been merged with AS-26.and AS-32 has been
merged with AS-31. so now presently 30 accounting standards
are there. out of that only 29 standards are in
practice.i.e..,AS1 to AS29
so,the total number of standards in force are 29 standards.
so please make a note of it.
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Answer / jatin hira
THE COUNCIL OF THE INSTITUTE OF CHARTERED ACCOUNTANTS OF
INDIA has, so far, issued 32 AS. however, AS 8
on 'ACCOUNTING FOR RESEARCH AND DEVELOPMENT' has been
withdrawn consecuent to the issuance of AS 26
on 'INTANGIBLE ASSETS'. Thus effectively, there are 31 AS
at present.
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Answer / govind
There are in real if asked in question form that how many As are there in India then Ans-32 but working -31
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