AS-22 of ICAI on "Accounting for Taxes on Income" deals with the differences in taxable income and accounting income and prescribes treatment of taxes on accrual basis in the same period to which it relate, like in the case of revenue and expenses items. Download PDF Copy of AS-22.
AS-21 of ICAI on "Consolidated Financial Statements" prescribes the principles and procedures for preparation and presentation of consolidated financial statements (CFS), by a parent (also known as holding enterprise) to provide financial information of the group. Download PDF Copy of AS-21.
AS-20 of ICAI on "Earnings Per Share" prescribe principles for the determination and presentation of earnings per share (EPS) calculation, to improve comparison of performance among different enterprises for the same period and among different accounting periods for the same enterprise. Download PDF Copy of AS-20.
AS-19 of ICAI on "Leases" prescribes the appropriate accounting policies and disclosures in relation to finance leases and operating leases, to be used in preparation of financial statements by lessees and lessors. Download PDF Copy of AS-19.
AS-18 of ICAI on "Related Party Disclosures" prescribes requirements for disclosure of 'related party relationships' and 'transactions between a reporting enterprise and its related parties'. Download PDF Copy of AS-18
AS-17 of ICAI on "Segment Reporting" deals with establishing principles for reporting financial information, about the different types of products and services an enterprise produces and the different geographical areas in which it operates. Download PDF Copy of AS-17.
AS-16 of ICAI on "Borrowing Costs" deals with prescribing the accounting treatment for borrowing costs. This Standard, however, does not deal with the actual or imputed cost of owners' equity, including preference share capital not classified as a liability. Download PDF Copy of AS-16.