The Accounting Standards for Local Bodies (ASLBs) are based on the International Public Sector Accounting Standards (IPSASs) issued by the IPSAS Board. The IPSAS Board, before issuing the new/ amendments to IPSASs, issues the Exposure Drafts for public comments. The Committee on Accounting Standards for Local Bodies (CASLB) with the aim to provide an opportunity to various stakeholders in India to raise their concerns at the Exposure Draft stage itself so that these concerns are appropriately addressed, invites comments on the Exposure Drafts issued by the IPSASB.

To view/ download the Exposure Drafts issued by the IPSASB and to submit comment online on the same, click on the following link:

http://www.icai.org/comments/caslb/