List of Ind AS vis-a-vis IFRS and AS with analysis, List of all IndAS

List of Ind AS Alerted by MCA — Indian Accounting Standards. Ministry of business affairs provided list of Indian Accounting Standards (IndAS), Here we are supplying total list of IndAS informed by MCA. Indian Accounting Standards (shortened as Ind AS) are a set of accounting standards informed by the Ministry of Corporate Affairs which are converged with International Financial Reporting Standards (IFRS) (IND AS is notified by NACAS.

List Of Ind AS Notified By MCA.jpg

Ministry of Corporate Affairs has come out with the Roadmap for Ind AS( Indian Accounting Standards) Execution through Business (Indian Accounting Standards) Guidelines,2015 Ind AS or Indian Accounting Standards govern the accounting and recording of monetary deals in addition to the presentation of statements such as profit and loss account and balance sheet of a business.

List of Ind AS Notified by MCA

What are Indian Accounting Standards (Ind AS)?

Indian Accounting Standards (Ind-AS) are the International Financial Reporting Standards (IFRS) assembled standards provided by the Central Federal Government of India under the guidance and control of Accounting Standards Board (ASB) of ICAI and in consultation with National Advisory Committee on Accounting Standards (NACAS).

ASB is a committee under Institute of Chartered Accountants of India (ICAI) which consists of agents from federal government department, academicians, other expert bodies viz. icsi, icai, agents from ASSOCHAM, CII, FICCI, etc. National Advisory Committee on Accounting Standards (NACAS) suggest these standards to the Ministry of Corporate Affairs (MCA). MCA has to spell out the accounting requirements relevant for business in India.

The Ind AS are named and numbered in the very same method as the corresponding International Financial Reporting Standards (IFRS).

List of Ind AS vis-a-vis IFRS and AS

IND AS No Description AS Title
Ind AS 101 Novice Adoption of Indian Accounting Standards
Ind AS 102 Share-based Payment
Ind AS 103 Business Mixes AS 14 Accounting for Amalgamations
Ind AS 104 Insurance Agreements
Ind AS 105 Non-current Assets Held for Sale and Discontinued Operations AS 24 Discontinuing Operations
Ind AS 106 Expedition for and Assessment of Mineral Resources GN 15 5 Guidance Note on Accounting for Oil and Gas Making Activities
Ind AS 107 Financial Instruments: Disclosures AS 32 Financial Instruments: Disclosures
Ind AS 108 Operating Sectors AS 17 Segment Reporting
Ind AS 109 Financial Instruments AS 30 Financial Instruments: Recognition and Measurement
Ind AS 110 Consolidated Financial Statements AS 21 Consolidated Financial Statements
Ind AS 111 Joint Plans AS 27 Financial Reporting of Interests in Joint Ventures
Ind AS 112 Disclosure of Interests in Other Entities
Ind AS 113 Fair Worth Measurement
Ind AS 114 Regulative Deferral Accounts
Ind AS 115 Profits from Contracts with Customers AS 7, AS 9 Construction Agreement, Earnings Recognition
Ind AS 116 Leases AS 19 Leases
Ind AS 1 Presentation of Financial Statements AS 1 Disclosure of Accounting Policies
Ind AS 2 Stocks AS 2 Valuation of Inventories
Ind AS 7 Statement of Capital AS 3 Capital Statements
IndAS 8 Accounting Policies, Modifications in Accounting Estimates and Errors AS 5 Net Earnings or Loss for the Duration, Prior period Items and Changes in Accounting Policies
Ind AS 10 Events after the Reporting Period AS 4 Contingencies and Occasions Occurring After the Balance Sheet date
Ind AS 12 Income Taxes AS 22 Accounting for Taxes on Income
Ind AS 16 Home, Plant and Equipment AS 10 Property, Plant and Equipment
Ind AS 19 Employee Advantages AS 15 Employee Advantages
Ind AS 20 Accounting for Government Grants and Disclosure of Federal Government Support AS 12 Accounting for Government Grants
Ind AS 21 The Results of Modifications in Foreign Exchange Rates AS 11 The Impacts of Modifications in Forex Rates
Ind AS 23 Borrowing Expenses AS 16 Loaning Costs
Ind AS 24 Related Party Disclosures AS 18 Related Celebration Disclosures
Ind AS 27 Separate Financial Statements
Ind AS 28 Investments in Associates and Joint Ventures AS 23 Accounting for Financial Investment in Associates in Consolidated Financial Statements
Ind AS 29 Financial Reporting in Hyperinflationary Economies
Ind AS 32 Financial Instruments: Discussion
Ind AS 33 Earnings per Share AS 20 Earnings per Share
Ind AS 34 Interim Financial Reporting AS 25 Interim Financial Reporting
Ind AS 36 Impairment of Possessions AS 28 Problems of Properties
Ind AS 37 Arrangements, Contingent Liabilities and Contingent Assets AS 29 Arrangements, Contingent Liabilities and Contingent Assets
Ind AS 38 Intangible Assets AS 26 Intangible Assets
Ind AS 40 Financial Investment Residential Or Commercial Property AS 13 Accounting for Investments
Ind AS 41 Agriculture


  • Applicability of Accounting requirements
  • Worth Included declaration
  • Accounting Policy
  • Certificate of Service
  • ICAI Test form


1 photos of the "List of Ind AS vis-a-vis IFRS and AS with analysis, List of all IndAS"

List Of Ind AS Notified By MCA.jpg