|Accounting Standards Board
The Institute of Chartered Accountants of India
1st November, 2023
|Exposure Draft of Lack of Exchangeability - Amendments to Ind AS 21
Indian Accounting Standards (Ind AS) are based on the IFRS Standards issued by the International Accounting Standards Board (IASB). In this regard, it may be noted that IFRS Standards are being issued/revised by the IASB from time to time. As a part of convergence with IFRS Standards, Ind AS may be issued/revised corresponding to the IFRS Standards. Accordingly, whenever any amendments are made or new IFRS Standard by the IASB, the Accounting Standards Board (ASB) of the ICAI considers amendments for inclusion in corresponding Ind AS.
The downloadable version of the Exposure Draft is available at: https://resource.cdn.icai.org/76933asb61951.pdf
Further clarifications on the Exposure Draft may be sought by e-mail to firstname.lastname@example.org.