The B&B Regulatory Updates #7: MCA & SEBI on Accounting StandardsApril 1 2016
Bar & Bench will bring you the latest regulatory and policy updates from different ministries and regulatory authorities. In this edition of the Bar & Bench Regulatory Updates, we analyse the amended Accounting Standards.
MCA amends Accounting Standards
The Ministry of Corporate Affairs (“MCA”) had, earlier in 2015, notified the Companies (Accounting Standards) Rules, 2015 (“2015 Rules”). The 2015 Rules introduced the Indian Accounting Standards (“Indian AS”) which were benchmarked to . . .
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