AS-5 of ICAI on "Net Profit or Loss for the Period, Prior Period Items and Changes in Accounting Policies" deals with classification/ treatment and disclosure of certain items, like extraordinary and prior period items, profit or loss from ordinary activities, changes in accounting estimates/ policies, etc. Download PDF Copy of AS-5.
AS-4 of ICAI on "Contingencies and Events Occurring After the Balance Sheet Date" deals mainly with the treatment in financial statements of 'contingencies' and 'events occurring after the balance sheet date'. Download PDF Copy of AS-4.
AS-3 of ICAI on "Cash Flow Statements" deals mainly with the provision of information about the historical changes in cash and cash equivalents of an enterprise by means of a cash flow statement which classifies cash flows during the period from operating, investing and financing activities. Download PDF Copy of AS-3.
AS-2 of ICAI on "Valuation of Inventories" deals mainly with the accounting issues relating to determination of the value, including ascertainment, at which inventories are carried in the financial statements until the related revenues are recognised. Download PDF Copy of AS-2.
AS-1 of ICAI on "Disclosure of Accounting Policies" deals mainly with disclosure of significant accounting policies, followed in preparing and presenting financial statements. Download pdf copy of 'AS-1'.
MCA notifies the 'Companies (Accounting Standards) Amendment Rules, 2018' to amend AS 11 on 'The Effects of Changes in Foreign Exchange Rates' applicable w.e.f. 1 April, 2018, vide Notification dt. 18 June 2018. Download pdf copy of MCA notification.