AccountancyCLASS 11CBSE
answered 23 Jun 2026List 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:
- Disclosure of Accounting Policies (AS-1)
- Valuation of Inventories (AS-2)
- Cash Flow Statement (AS-3)
- Contingencies and Events Occurring after the Balance Sheet Date (AS-4)
- Net Profit or Loss for the period (AS-5)
- Depreciation Accounting (AS-6)
- Accounting for Construction Contracts (AS-7)
- Accounting for Research and Development (AS-8)
- Revenue Recognition (AS-9)
- Accounting for Fixed Assets (AS-10)
- Accounting for the Effects of Changes in Foreign Exchange Rates (AS-11)
- Accounting for Government Grants (AS-12)
- Accounting for Investments (AS-13)
- Accounting for Amalgamations (AS-14)
- Accounting for Retirement Benefits in the Financial Statements of Employers (AS-15)
- Borrowing Costs (AS-16)
- Segment Reporting (AS-17)
- Related Party Disclosures (AS-18)
- Leases (AS-19)
- Earnings Per Share (AS-21)
- Accounting for Taxes on Income (AS-22)
- Accounting for Investments in Associates in Consolidated Financial Statements (AS-23)
- Discontinuing Operations (AS-24)
- Interim Financial Reporting (AS-25)
- Intangible Assets (AS-26)
- Financial Reporting of Interests in Joint Venture (AS-27)
- Impairment of Assets (AS-28)
- Provisions, Contingent Liabilities and Contingent Assets (AS-29)