myclass24
myclass24your class. your pace.
AccountancyCLASS 11CBSE
answered 23 Jun 2026

List out all the accounting standards which are under the Institute of Chartered Accountants of India (ICAI).

A.VERIFIED ANSWERfact-checked by tutors

The Institute of Chartered Accountants of India has so far pronounced 27 accounting standards listed below:

  1. Disclosure of Accounting Policies (AS-1)
  2. Valuation of Inventories (AS-2)
  3. Cash Flow Statement (AS-3)
  4. Contingencies and Events Occurring after the Balance Sheet Date (AS-4)
  5. Net Profit or Loss for the period (AS-5)
  6. Depreciation Accounting (AS-6)
  7. Accounting for Construction Contracts (AS-7)
  8. Accounting for Research and Development (AS-8)
  9. Revenue Recognition (AS-9)
  10. Accounting for Fixed Assets (AS-10)
  11. Accounting for the Effects of Changes in Foreign Exchange Rates (AS-11)
  12. Accounting for Government Grants (AS-12)
  13. Accounting for Investments (AS-13)
  14. Accounting for Amalgamations (AS-14)
  15. Accounting for Retirement Benefits in the Financial Statements of Employers (AS-15)
  16. Borrowing Costs (AS-16)
  17. Segment Reporting (AS-17)
  18. Related Party Disclosures (AS-18)
  19. Leases (AS-19)
  20. Earnings Per Share (AS-21)
  21. Accounting for Taxes on Income (AS-22)
  22. Accounting for Investments in Associates in Consolidated Financial Statements (AS-23)
  23. Discontinuing Operations (AS-24)
  24. Interim Financial Reporting (AS-25)
  25. Intangible Assets (AS-26)
  26. Financial Reporting of Interests in Joint Venture (AS-27)
  27. Impairment of Assets (AS-28)
  28. Provisions, Contingent Liabilities and Contingent Assets (AS-29)

Suggested Q&A

ACCOUNTANCY · CLASS 11