| The Institute of Chartered Accountants of India has released the Compendium of Accounting Standards as on July 1, 2006 accompanied by a CD. The new edition of the Compendium of Accounting Standards – As on July 1, 2006, incorporates all the relevant developments that have taken place subsequent to the issuance of the last edition of Compendium of Accounting Standards in 2005. As compared to the last edition of the Compendium, this edition incorporates limited revisions to two accounting standards, viz., AS 15 (revised 2005), Employee Benefits, and AS 29, Provisions, Contingent Liabilities and Contingent Assets; which were issued subsequent to the last edition. Besides this, the Compendium also incorporates one new Accounting Standards Interpretation, two revised Interpretations and six new Announcements relating to accounting standards which have been issued subsequent to the last edition of the Compendium. The Compendium also includes a comparative statement of International Accounting Standards/ International Financial Reporting Standards and Indian Accounting Standards as on July 1, 2006, to apprise the users about the comparative status of Indian Accounting Standards vis-à-vis the International Accounting Standards (IASs)/ International Financial Reporting Standards (IFRSs). |
| This edition of the Compendium of Accounting Standards – As on July 1, 2006, includes the following: |
- Announcements of the Council regarding status of various documents issued by the Institute of Chartered Accountants of India
- Preface to the Statements of Accounting Standards (revised 2004)
- Framework for the Preparation and Presentation of Financial Statements
- Accounting Standards - AS 1 to AS 29, including revised AS 15, Employee Benefits
- Accounting Standards Interpretations (ASIs) 1 to 30
- Comparative Statement of International Accounting Standards and Indian Accounting Standards (As on July 1, 2006)
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| The Compendium is accompanied by a CD containing its electronic copy. |
| The Compendium, including CD, is priced at Rs. 500 and can be obtained from the Institute’s sales counters at New Delhi and the Regional Offices at Mumbai, Kolkata, Chennai and Kanpur. |
| Persons who desire to obtain above publication by post may send Demand Draft in favour of the Secretary, ICAI, for the cost of the Compendium plus the postal charges (Rs. 51, if required by unregistered parcel; Rs. 68 if required by registered parcel). |
| The orders may be sent to Postal Sales Section, Institute of Chartered Accountants of India, C-1, Sector-1, Noida – 201 301. | |
