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Welcome to the Research Committee
Chairman
CA. Babu Abraham Kallivayalil
Function / Mission / Terms of Reference
  • To formulate Guidance Notes on accounting aspects to be issued under the authority of the Council of the Institute.
  • To publish Technical Guides, Studies, Monographs, etc., on generally accepted accounting and/or auditing principles and practices designed to enhance the value of the services rendered by the profession.
    To disseminate information to the members with respect to the subject covered in Clause 2(a)
  • To undertake approved research projects on current and continuous basis on other subjects, e.g., share valuation; except in areas covered by the functions of any other committee.
  • To render research services expected of professional research institutions as for example in:
    • Research activities
      • Conducting research on various fields which have a direct and indirect bearing on Accountancy.
      • To carry on research in collaboration with other institutions like the Management Institutes, Universities, Financial Institutions, Corporate Bodies, and Professional Institutes at national and international level, etc.
    • Other Services
      • Preparing representations on various matters of accounting that affect the profession and fall within the scope of research.
      • Preparing suggestions/comments on the accounting issues referred by the Government and other bodies; except on the matters looked after by the Accounting Standards Board (ASB) of the Institute.
  • To recommend financial assistance to encourage members to undertake research on accounting and allied subjects.
  • Shield Panel
    To conduct a competition for the 'ICAI Awards for Excellence in Financial Reporting', with a view to improve the presentation of financial statements.
  • Matters referred by other Committees etc.
    To consider and give opinion on matters of general application referred by the Council or by other Committees or by the President.
  • To deal with such other matter as the Council or the President may consider appropriate.
Members
  • CA. Babu Abraham Kallivayalil, Chairman
  • CA. Satish Kumar Gupta, Vice-Chairman
  • CA. Prafulla Premsukh Chhajed, President (Ex-officio)
  • CA. Atul Kumar Gupta, Vice-President (Ex-officio)
  • CA. Jay Chhaira
  • CA. Tarun Jamnadas Ghia
  • CA. Nandkishore Chidamber Hegde
  • CA. Sushil Kumar Goyal
  • CA. Debashis Mitra
  • CA. Anuj Goyal
  • CA. Prakash Sharma
  • CA. Sanjeev Kumar Singhal
Co-opted Members
  • CA. Dr. Vidya Kisan Gargote
  • CA. Ajay Sawhney
  • CA. Omprakash Agarwalla
  • CA. Umang Agarwal
  • CA. Praful Bardiya
Secretary to the Committee: CA. Ashok Kapoor
Knowledge Sharing
List of Monographs’
List of Guidance Notes on Accounting withdrawn/superseded
List of Guidance Notes on Accounting Aspects
List of Technical Guides
List of Other Publications
Details of Projects in progress
New Publications
Exposure Draft issued by the Research Committee
Browsing of Websites

Announcements
Awardees of the ‘ICAI Awards for Excellence in Financial Reporting’ for the year 2017-18
'ICAI Awards for Excellence in Financial Reporting' – Invitation to participate in the Competition for the year 2017-18.
Awardees of the ‘ICAI Awards for Excellence in Financial Reporting’ for the year 2016-17.
Awardees of the ‘ICAI Awards for Excellence in Financial Reporting’ for the year 2015-16.
Guidance Note on Accounting for Oil and Gas Producing Activities (Ind AS)
Withdrawal of two Guidance Notes on Accounting
Excellence in Financial Reporting: Illustrative Guide to Presentation and Disclosures (Revised 2016)
ICAI Awards for Excellence in Financial Reporting for the competition for the year 2014-15
Withdrawal of five Guidance Notes on Accounting
Invitation for Research Proposals
Broad Parameters for Evaluation for the Competition, 'ICAI Awards for Excellence in Financial Reporting'
  Archives.....
Important Activities undertaken during the last year

Achievements
Guidance Note on Accounting for Oil and Gas Producing Activities (Ind AS)
Excellence in Financial Reporting: Illustrative Guide to Presentation and Disclosures (Revised 2016)
Guidance Note on Accounting for Depreciation in companies in the context of Schedule II to the Companies Act, 2013
Guidance Note on Accounting for Derivative contracts (Issued 2015)
Guidance Note on Accounting for Expenditure on Corporate Social Responsibility Activities (Issued May 15, 2015)


Contact Us

Secretary,
Research Committee
Technical Directorate
The Institute of Chartered Accountants of India
ICAI Bhawan,
Post Box Number 7100
Indraprastha Marg
New Delhi 110 002
Phone (Secretariat): + 91 11 30110468, 39893989 (Extn 468)
Fax: 00 91 11 30110582
E-mail :- research@icai.in
     
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