AS-29 of ICAI on "Provisions, Contingent Liabilities and Contingent Assets" prescribes for appropriate measurement and recognistion/ accounting treatment of provisions, contingent liabilities/ assets, along with required disclosure in the notes to financial statements, to enable users understand their nature, timing and amount. Download PDF Copy of AS-29.
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-27 of ICAI on "Financial Reporting of Interests in Joint Ventures" prescribes the principles and procedures for accounting of interests in joint ventures and reporting of joint venture assets, liabilities, income and expenses in the financial statements of venturers and investors. Download PDF Copy of AS-27.
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.
AS-25 of ICAI on "Interim Financial Reporting" prescribes the principles for revenue recognition and measurement in a complete or abridged financial statements for an interim period. Download PDF Copy of AS-25.
AS-24 of ICAI on "Discontinuing Operations" prescribes principles for financial reporting on information about projections of an enterprise's cash flows, earnings-generating capacity, financial position, etc., by segregating into from 'discontinuing operations' and 'continuing operations'. Download PDF Copy of AS-24.
AS-23 of ICAI on "Accounting for Investments in Associates in Consolidated Financial Statements" prescribes the principles and procedures for recognising the effects of investments in associates, in the consolidated financial statements, i.e. on the financial position and operating results of a group. Download PDF Copy of AS-23.