How many accounting standards in india
Answer Posted / dhiraj dua
there are 32 accounting standards
* AS 1
Disclosure of Accounting Principles
* AS 2
Valuation of Inventories See Note 38
*01 AS 3
Cash Flow Statements See Note 10
** AS 4
Contingencies and Events Occurring After the Balance Sheet
Date See Note 19
* AS 5
Net Profit or Loss for the Period, Prior Period Items and
Changes in Accounting Policies See Note 2
*** AS 6
Depreciation Accounting
*03 AS 7
(Revised)
Construction Contracts
*** AS 8
Accounting for Research and Development
* AS 9
Revenue Recognition
*
*** AS 10
Accounting for Fixed Assets See Note 3
*04 AS 11
(Revised 2003) The Effects Of Changes In Foreign Exchange
Rates See Notes 14, 21, 24, 37, 41
* AS 12
Accounting for Government Grants
* AS 13
Accounting for Investments See Note 11
* AS 14
Accounting for Amalgamations See Notes 8, 15
*06 AS 15
(Revised 2005) Employee Benefits [click here for related
announcement] See Notes 27, 28, 29, 30
* AS 16
Borrowing Costs
*01 AS 17
Segment Reporting See Note 5
*01 AS 18
Related Party Disclosures See Notes 7, 12
*01 AS 19
Leases See Note 42
*01 AS 20
Earnings Per Share See Notes 6, 9, 16
*01 AS 21
Consolidated Financial Statements See Notes 23, 36
*01 AS 22
Accounting for taxes on income See Notes 1, 22, 39
*01 AS 23
Accounting for Investments in Associates in Consolidated
Financial Statements See Notes 23, 35
*04 AS 24 Discontinuing Operations See Note 4
*02 AS 25 Interim Financial Reporting See Note 17
*03 AS 26 Intangible Assets See Notes 13, 20, 34
*02 AS 27 Financial Reporting of Interests in Joint
Ventures See Notes 18, 23, 33
*04 AS 28 Impairment of Assets See Notes 25, 32
*04 AS 29 Provisions, Contingent Liabilities and Contingent
Assets See Notes 26, 31
*09 AS 30 Financial Instruments: Recognition and
Measurement See Note 40
*09 AS 31 Financial Instruments: Presentation
*11 AS 32 Financial Instruments: Disclosures See Note 43
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