Introduction In the vibrant economic landscape of India, accounting practices have undergone significant transformations to align with global standards while accommodating the unique nuances of the Indian business environment. This article delves into the journey of Indian Accounting, focusi…
This is the complete list of 32 accounting standards mandatory in india . This list of accounting standards has been updated from ICAI website and link has been provided for which Notes or Summa…
Objective A.S 9 deals with the basis for recognition of revenue in the statement of profit and loss of an enterprise. The Accounting Standard is concerned with the recognition of revenue ar…
Applicability of AS 13 This Statement does not deal with: The bases for recognition of interest, dividends and rentals earned on investments which are covered by Accounting Standard 9. Oper…
This is revised accounting standard 10 Property,Plant and Equipment(PPE),which has replaced AS 6 Depreciation and AS 10 Accounting for fixed assets. This revision of AS 10 has been made to be as …
