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Showing posts with the label CA Foundation Principles and Practices of Accounting

CA Foundation Principles and Practices of Accounting – What is Indian Accounting Standard?

Indian Accounting Standard (IndAS) Indian Accounting Standard- Accounting Paper 1 of  CA Foundation Online Classes We are going to discuss  Indian Accounting Standard , in accordance with   Accounting Paper 1 of CA Foundation ,  ICAI's  latest syllabus. What is the Indian Accounting Standards? Indian Accounting Standard  (IndAS) is the  International Financial Reporting Standard  ( IFRS ) converged standard issues by the Central Government of India under the supervision and control of  Accounting Standard Board (ASB)  of ICAI and in consultation with National Advisory Committee on Accounting Standard. The  IndAS  are named and numbered in the same way as the corresponding Indian Accounting Standard. Browse the full video to get a detailed understanding of Indian Accounting Standards. Takshila Learning  provides  CA Foundation Video Lectures , which have been specifically designed by experts. The  CA Foundation Online Classes  and  CA foundation Pendrive  classes  can be accessed nu