AS-28 of ICAI on “Impairment of Assets” (Download PDF)

AS-28 of ICAI on "Impairment of Assets" prescribes procedures for recognising the impairment loss, i.e. assets not to be stated at value above the amount recoverable through use or sale of the asset. This Standard also specifies disclosure requirements and when to reverse the impairment. Download PDF Copy of AS-28.

AS-26 of ICAI on “Intangible Assets” (Download PDF)

AS-26 of ICAI on "Intangible Assets" prescribe the accounting treatment for intangible assets that are not dealt with specifically in another Accounting Standard. The Standard also specifies the ways to measure the carrying amount and disclosure requirements. Download PDF Copy of AS-26.