how many accounting standards in india and also world wide

Answers were Sorted based on User's Feedback



how many accounting standards in india and also world wide..

Answer / ajit khaware

There are 32 accounting standards in India issued by ICAI

AS 1 Disclosure of Accounting Policies

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 Construction Contracts (revised 2002)

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
(revised 2003),

AS 12 Accounting for Government Grants

AS 13 Accounting for Investments

AS 14 Accounting for Amalgamations

AS 15 (revised 2005) Employee Benefits

Limited Revision to Accounting Standard (AS) 15, Employee
Benefits (revised 2005)

AS 15 (issued 1995)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 (revised 2003), AS 21,
AS 23, AS 26, AS 27, AS 28 and AS 29

AS 31, Financial Instruments: Presentation

Accounting Standard (AS) 32, Financial Instruments:
Disclosures, and limited revision to Accounting Standard
(AS) 19, Leases

Is This Answer Correct ?    12 Yes 0 No

how many accounting standards in india and also world wide..

Answer / pravin

Dear Accounting standard AS 8 Accounting for Research and
Development is withdrawn by ICAI, now we have only 31
accointing standard

Is This Answer Correct ?    3 Yes 0 No

Post New Answer

More Accounting AllOther Interview Questions

What is he difference between OD account and CC account

5 Answers   Telco,


What is invoice accounting rules?

0 Answers   Sandoz, Wipro,


fill in the Blanks Closing balance of _________will not find place in next year books

2 Answers  


How to calculate world GDP growth rate?

1 Answers   UPSC,


The company asset(tempo)was sales, how to make sale tax return. and other entrys in tally.

1 Answers  






1.what is debenchers? 2.what is devident? 3.reverce merger?

2 Answers   Genpact,


rtgs

3 Answers  


What cost-cutting measures have you implemented?

3 Answers   GE,


What is Merchandising Accounting process

0 Answers  


what will i do to remove my fear in interviewee?

1 Answers  


What are operating Costs?

7 Answers   Capital IQ,


how many form h we can issue against import

2 Answers  


Categories