The B&B Regulatory Updates #7: MCA & SEBI on Accounting Standards

Varun Marwah April 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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