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Indian Accounting Standard Ind As 115

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Financial Instruments: Disclosures

www.mca.gov.in

Indian Accounting Standard (Ind AS) 107 Financial Instruments: Disclosures (This Indian Accounting Standard includes paragraphs set in bold type and plain type, which have equal authority. Paragraphs in bold type indicate the main principles.) Objective 1 The objective of this Indian Accounting Standard (Ind AS) is to require entities to provide

  Standards, Accounting, Indians, Indian accounting standards

Ind AS 115 - Accounting for revenue is the new normal

gtw3.grantthornton.in

Companies (Indian Accounting Standards) Rules, 2015. Among other things, the amendment inserts a new revenue recognition standard Ind AS 115, Revenue from Contracts with Customers (‘Ind AS 115’). Ind AS 115 is effective from accounting period beginning on or after 1 April, 2018 and • Replaces Ind AS 18, Revenue and Ind AS 11, Construction

  Standards, Accounting, Indians, Indian accounting, Ind as 115, Standard ind as 115

Implementation of IND AS – Impact on Corporate Tax

www.wirc-icai.org

Companies (Indian Accounting Standard Rules), 2015 Ind AS – India perspective IFRS Carve-outs IND-AS Has carve outs and carve ins as compared to IFRS New standard on revenue recognition ... Revenue recognition -IND AS 115 Intangible Assets (IND AS 38) 17 Financial Liability and Assets: Ind AS 32, Ind AS 109, Ind AS

  Standards, Accounting, Indians, Indian accounting standards, Ind as 115

Indian Accounting Standard (Ind AS) 38 Intangible Assets

www.mca.gov.in

3 If another Standard prescribes the accounting for a specific type of intangible asset, an entity applies that Standard instead of this Standard. For example, this Standard does not apply to: # This Ind AS was notified vide G.S.R. 111(E) dated 16th February, 2015 and was amended vide Notification No. G.S.R. 365(E) dated 30th March, 2016, G.S.R ...

  Standards, Accounting, Indians, Indian accounting standards

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