Indian Accounting Standards (IND ASs)

Indian Accounting Standards (IND ASs)

These are the converged Indian Accounting Standards (Ind ASs) hosted by MCA on its website.  The date on which these will come into force is yet to be notified. Any changes in the Ind AS vis. a vis. corresponding IAS/IFRS are given in Appendix 1 appearing at the end of each Ind AS. 1. Framework for the Preparation and Presentation of Financial Statements in accordance with Indian Accounting Standards 2. Ind AS 101 First-time Adoption of Indian Accounting Standards 3. Ind AS 102 Share based Payment 4. Ind AS 103 Business Combinations 5. Ind AS 104 Insurance Contracts 6. Ind AS 105 Non current Assets Held for Sale and Discontinued Operations 7. Ind AS 106 Exploration for and Evaluation of Mineral Resources 8. Ind AS 107 Financial Instruments: Disclosures 9. Ind AS 108 Operating Segments 10. Ind AS 1 Presentation of Financial Statements 11. Ind AS 2 Inventories 12. Ind AS 7 Statement of Cash Flows 13. Ind AS 8 Accounting Policies, Changes in Accounting Estimates and Errors 14. Ind AS 10 Events after the Reporting Period 15. Ind AS 11 Construction Contracts 16. Ind AS 12 Income Taxes 17. Ind AS 16 Property, Plant and Equipment 18. Ind AS 17 Leases 19. Ind AS 18 Revenue 20. Ind AS 19 Employee Benefits 21. Ind AS 20 Accounting for Government Grants and Disclosure of Government Assistance 22. Ind AS 21 The Effects of Changes in Foreign Exchange Rates 23. Ind AS 23 Borrowing Costs 24. Ind AS 24 Related Party Disclosures 25. Ind AS 27 Consolidated and Separate Financial Statements 26. Ind AS 28 Investments in Associates 27. Ind AS 29 Financial Reporting in Hyperinflationary Economies 28. Ind AS 31 Interests in Joint Ventures 29. Ind AS 32 Financial Instruments: Presentation 30. Ind AS 33 Earnings per Share 31. Ind AS 34 Interim Financial Reporting 32. Ind AS 36 Impairment of Assets 33. Ind AS 37 Provisions, Contingent Liabilities and Contingent Assets 34. Ind AS 38 Intangible Assets 35. Ind AS 39 Financial Instruments: Recognition and Measurement 36. Ind AS 40 Investment Property 37. Comparison of IFRS as applicable on 1st April 2011 with Ind AS placed at MCA’s website