Ind AS or Indian Accounting Standards govern the accounting and recording of financial transactions as well as the presentation of statements such as profit and loss account and balance sheet of a company.
Ministry of corporate affairs issued list of Indian Accounting Standards (IndAS), Here we are providing complete list of IndAS notified by MCA along with their respective Accounting Standards which may assist you to understand the new Ind AS comparing with AS to understand the rationale behind the change.
Stay tuned for remaining set of Ind AS. Also we wish to inform our readers that we are soon going to introduce the complete series of practical approach on each & every Ind AS.
Happy Learning!
Also Read : List of Ind AS and their related AS - Part 2
I am Aman Daultani, a Chartered Accountant by profession, co-founder of Tax Ninja, and a passionate blogger.
My core areas include practical application of Ind AS in the preparation of financial statements. I focus on the practical implementation of Ind AS rather than just interpreting the law.
I believe "Knowledge comes from learning and wisdom comes from understanding it practically."
