How many accounting standards in india
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Answer / m s bhuvana
32 accounting standards
AS 1 Disclosure of Accounting Policies
AS 2 Valuation of Inventories
AS 3 Cash Flow Statements
AS 4 Contingencies and Events Occuring after the Balance
Sheet Date
AS 5 Net Profit or Loss for the period,Prior Period Items
and Changes in Accounting Policies
AS 6 Depreciation Accounting
AS 7 Construction Contracts
AS 8 Accounting for Research and Development
AS 9 Revenue Recognition
AS 10 Accounting for Fixed Assets
AS 11 The Effects of Changes in Foreign Exchange Rates
AS 12 Accounting for Government Grants
AS 13 Accounting for Investments
AS 14 Accounting for Amalgamations
AS 15 Employee Benefits
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 Earnings Per Share
AS 21 Consolidated Financial Statements
AS 22 Accounting for Taxes on Income
AS 23 Accounting for Investments in Associates in
Consolidated Financial Statements
AS 24 Discontinuing Operations
AS 25 Interim Financial Reporting
AS 26 Intangible Assets
AS 27 Financial Reporting of Interests in Joint Ventures
AS 28 Impairment of Assets
AS 29 Provisions,Contingent` Liabilities and Contingent
Assets
AS 30 Financial Instruments: Recognition and Measurement
and Limited Revisions to AS 2, AS 11, AS 21, AS 23, AS 26,
AS 27, AS 28 and AS 29
AS 31 Financial Instruments: Presentation
AS 32 Financial Instruments: Disclosures, and limited
revision to Accounting Standard (AS) 19, Leases
Is This Answer Correct ? | 1 Yes | 1 No |
Answer / syambabu .p
ACCOUNTING STANDARDS ISSUED BY THE ICAI
INDIAN CHARTERED ACCOUNTANTS OF INDIA
ACCOUNTING STANDARDS IN INDIA TOTAL 32
Is This Answer Correct ? | 1 Yes | 1 No |
Answer / nalini.m
AS 1
Disclosure of Accounting Principles
AS 2
Valuation of Inventories
AS 3
Cash Flow Statements
AS 4
Contingencies and Events Occurring After the Balance Sheet
Date
AS 5
Net Profit or Loss for the Period, Prior Period Items and
Changes in Accounting Policies
AS 6
Depreciation Accounting
AS 7
(Revised)
Construction Contracts
AS 8
Accounting for Research and Development
AS 9
Revenue Recognition
AS 10
Accounting for Fixed Assets
AS 11
(Revised 2003)
The Effects Of Changes In Foreign Exchange Rates
AS 12
Accounting for Government Grants
AS 13
Accounting for Investments
AS 14
Accounting for Amalgamations
AS 15
(Revised 2005)
Employee Benefits [click here for related announcement]
AS 16
Borrowing Costs
AS 17
Segment Reporting
AS 18
Related Party Disclosures
AS 19
Leases
AS 20
Earnings Per Share
AS 21
Consolidated Financial Statements
AS 22
Accounting for taxes on income
AS 23
Accounting for Investments in Associates in Consolidated
Financial Statements
AS 24
Discontinuing Operations
AS 25
Interim Financial Reporting
AS 26
Intangible Assets
AS 27
Financial Reporting of Interests in Joint Ventures
AS 28
Impairment of Assets
AS 29
Provisions, Contingent Liabilities and Contingent Assets
AS 30
Financial Instruments: Recognition and Measurement
AS 31
Financial Instruments: Presentation
AS 32
Financial Instruments: Disclosures
Is This Answer Correct ? | 1 Yes | 1 No |
Answer / mo.aamir khan
as per guidline of the institute of chartered accountants
of india there are 31 acounting standards applicable in
india.
Is This Answer Correct ? | 1 Yes | 1 No |
Answer / shweta bhimsaria
Presently there are 30 Accounting Standards. AS-8 & AS-17
has been omitted.
Is This Answer Correct ? | 1 Yes | 1 No |
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