Accounting Standards
AS – 1 – Disclosure of Accounting Policies
AS – 2 – Valuation of Inventories
AS – 3 – Cash Flow Statements
AS – 4 – Contingencies and Events Occurring After Balance Sheet Date
AS – 5 – Net profit or Loss for the period, Prior Period Items and Changes in Accounting Policies
AS – 7 – Construction Contracts
AS – 9 – Revenue Recognition
AS – 10 – Property, Plant and Equipment
AS – 11 – The Effects of Changes in Foreign Exchange Rates
AS – 12 – Government Grants
AS – 13 – Accounting for Investments
AS – 14 – Accounting for Amalgamations
AS – 15 – Employee Benefits
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
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
Note:
1. ICAI has withdrawn the AS 8 on Accounting for Research and Development.
2. ICAI Amends AS 2, AS 4, AS 10, AS 13, AS 14, AS 21, AS 29 and withdraws AS 6.
3. ICAI withdraws its Announcement on Treatment of exchange differences under AS 11
4. Companies (Accounting Standards) Amendment Rules, 2018 notified by MCA: AS 11 amended
Non-Mandatory Accounting Standards (AS 30~32)
ICAI has announced on 15/11/2016 that following Accounting Standards stands withdrawn:
i) AS 30: Financial Instruments – Recognition and Measurement.
ii) AS 31: Financial Instruments – Presentation; and
iii) AS 32: Financial Instruments – Disclosures.