Ind AS definition

Ind AS means the Indian accounting standards referred to in and notified by the Companies (Indian Accounting Standards) Rules, 2015.
Ind AS means the Indian accounting standards prescribed under section 133 of the CA 2013 as notified under the Companies (Indian Accounting Standards) Rules, 2015;
Ind AS means the Indian Accounting Standards as notified by Ministry of Corporate Affairs, Government of India;

Examples of Ind AS in a sentence

  • The company is engaged primarily in the business of trading in shares and securities and there are no separate reportable segments as per Indian Accounting Standards (Ind AS) - 108 dealing with segment reporting.

  • The costs of providing post-employment benefits are charged to the Statement of Profit and Loss in accordance with Ind AS 19 ‘Employee benefits’ over the period during which benefit is derived from the employees’ services.


More Definitions of Ind AS

Ind AS means the Indian Accounting Standards prescribed under Section 133 of the Act;
Ind AS shall have the meaning given to such term in Section 3.43;
Ind AS has the meaning ascribed to it in Clause 3.1 (xxxvii) of this Agreement;
Ind AS is ‘Indian Accounting Standards’ means the Accounting standards as specified in Government of India Ministry of Corporate Affairs notification Dt 16th February 2015 , published in Gazette of India , Extra ordinary , Part II Section 3, Sub section (i) No. 104 Dt 19th February 2015 and subsequent changes thereafter.