WebJun 22, 2024 · Objectives of Indian accounting standards (Ind As): Following are the objectives of applying Indian accounting standards: Ensure companies in India adopt … Webgocphim.net
Interim Financial Reportin g Contents - MCA
WebJun 24, 2024 · (i) the effect of changes in the composition of the enterprise during the interim period, such as amalgamations, acquisition or disposal of subsidiaries and longterm investments, restructurings, and discontinuing operations; and (j) material changes in contingent liabilities since the last annual balance sheet date. WebMay 2, 2024 · The Ministry of Corporate Affairs (MCA) in 2015, had notified the Companies (Indian Accounting Standards (IND AS) Rules 2015 for adoption and implementation of IND AS in a phased manner beginning from Accounting year 2016-17. Later MCA has issued three Amendment Rules, one in each year 2016, 2024 and 2024 to amend the 2015 rules. in622clr insulated tumblers with travel lids
Ind AS 24 – Related Party Disclosures - TaxGuru
WebFeb 14, 2024 · Indian Accounting Standards (Ind AS) are a set of accounting standards converged with International Financial Reporting Standards (IFRS). The ‘Ind AS’ are named and numbered in the same way as the corresponding IFRS. Both AS and Ind AS are formulated by the Accounting Standards Board of the Institute of Chartered Accountants … Web(see Ind AS 1, Presentation of Financial Statements) and would be acceptable ... 25 [Refer Appendix 1]. 26 The grant set up as deferred income is recognised in profit or loss on a systematic basis over the useful life of the asset. 27 [Refer Appendix 1] 28 The purchase of assets and the receipt of related grants can cause major ... WebApr 1, 2024 · In other words, the companies meeting the above threshold for the first time as on 31st March, 2024 shall apply Ind AS for the financial year 2024-22 onwards. Note that the comparative information i.e. comparative figures for the preceding accounting period is required in both phase for the period ending 31st March 2016/2024 or thereafter. incendies lyon