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Accounting Standards Board

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Welcome to the Accounting Standards Board
Chairman
CA. M P Vijay Kumar
Functions/Objectives/Terms of Reference
  • To conceive of and suggest areas in which Accounting Standards need to be developed.
  • To formulate Accounting Standards with a view to assisting the Council of the ICAI in evolving and establishing Accounting Standards in India.
  • To examine how far the relevant International Financial Reporting Standards can be adapted while formulating the Accounting Standard and to adapt the same.
  • To review, at regular intervals, the Accounting Standards from the point of view of acceptance or changed conditions, and, if necessary, revise the same.
  • To provide, from time to time, interpretations and guidance on Accounting Standards.
  • To proactively participate with the national and international bodies engaged in the Standard-setting process, such as, sending comments on various consultative papers such as Exposure Drafts, Discussion Papers etc., issued by International Accounting Standards Board and various other international bodies such as Asian-Oceanian Standard-Setters Group(AOSSG).
  • To carry out such other functions relating to Accounting and Accounting Standards.
Members
  • CA. M P Vijay Kumar, Chairman
  • CA. Sanjeev Kumar Singhal , 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. Nihar Niranjan Jambusaria
  • CA. Dheeraj Kumar Khandelwal
  • CA. Chandrashekhar Vasant Chitale
  • CA. Aniket Sunil Talati
  • CA. Babu Abraham Kallivayalil
  • CA. Dayaniwas Sharma
  • CA. G Sekar
  • CA. Rajendra Kumar P
  • CA. Ranjeet Kumar Agarwal
  • CA. Debashis Mitra
  • CA. Pramod Kumar Boob
  • CA. Manu Agrawal
  • CA. Prakash Sharma
  • CA. Kemisha Soni
  • CA. Satish Kumar Gupta
  • CA. Hans Raj Chugh
  • CA. Pramod Jain
  • Shri Sunil Kanoria
  • Dr. Ravi Gupta
  • Shri Vijay Kumar Jhalani
Co-opted Members
  • CA. Amarvir Saran Das (RBI)
  • CMA. (Dr.) K. Ch. A.V. S. N. Murthy (The Institute of Cost Accountants of India)
  • CA. Sanjay Vij (FICCI)
  • CA. Amitav Kothari (ASSOCHAM)
  • CA. Nilesh Shivji Vikamsey
  • CA. (Dr.) S. B Zaware
  • CA. Bhavna Doshi
  • CA. Yagnesh Desai
  • CA. Chinnsamy Ganesan
Special Invitees
  • Shri. Atma Sah (MCA)
  • Shri. J.P.S. Chawla (CGA)
  • Shri Sanjoy Kumar Goel (IBA)
  • Shri TVVPS Chakravarti T (SEBI)
  • Prof. Rakesh Mohan Joshi (UGC)
  • Prof. Ashok Banerjee (IIM Calcutta)
  • CS. Manish Gupta (ICSI)
  • CA. Barindra Sanyal (CII)
  • CA. B. Padmaja (IRDAI)
  • CA. K. Sairam
  • CA. Yogesh Sharma
  • CA. Gopalakrishnan Ramachandran
  • CA. Gururaj Acharya
  • CA. Sunil Kumar Birla
  • CA. L. Ravi Shanker
  • CA. Narsimhan
  • CA. Sethuraman
  • CA. R. Venkat Subramani
  • CA. Vinod Balachandran
  • CA. Vivek Govind
  • CA. Anand Banka
  • CA. Murali Krishna
  • CA. Praveen Kumar Jallan
  • CA. Mohit Bhuteria
  • CA. Saradindu Dutta
  • CA. Rakesh Agarwal
  • CA. Santosh Maller
  • CA. Siddharth Iyer
  • CA. Sumit Seth
  • CA. Alok Garg
  • Dr. Avinash Chander
  • CA. Avineesh Matta
  • CA. (Dr.) Ashish K. Bhattacharyya
  • CA. Neena Goel
  • CA. Parveen Kumar
  • CA. Rohit Agarwala
  • CA. Sanjay Vasudeva
  • CA. Yogesh Gupta
  • CA. Nachiket Ratnakar Deo
  • CA. Jyotinder N. Tikku
Secretary to the Board: CA. Vidhyadhar Kulkarni, Technical Consultant

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E -Mail: asb@icai.in, vidhyadhar.kulkarni@icai.in, commentsasb@icai.in, tdte@icai.in
     
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