IND AS (NACAS) (MCA NOTIFICATION)

No. Notifications
G.S.R 111(E) dated 16 Feb 2015
1 Indian Accounting Standard (Ind AS)
2 Indian Accounting Standard (Ind AS)
3 Indian Accounting Standard (Ind AS)
4 Indian Accounting Standard (Ind AS)
5 Indian Accounting Standard (Ind AS)
6 Indian Accounting Standard (Ind AS)
7 Indian Accounting Standard (Ind AS)
8 Indian Accounting Standard (Ind AS)
9 Indian Accounting Standard (Ind AS)
10 Indian Accounting Standard (Ind AS)
11 Indian Accounting Standard (Ind AS)
12 Indian Accounting Standard (Ind AS)
13 Indian Accounting Standard (Ind AS)
14 Indian Accounting Standard (Ind AS)
15 Indian Accounting Standard (Ind AS)
16 Indian Accounting Standard (Ind AS)
17 Indian Accounting Standard (Ind AS)
18 Indian Accounting Standard (Ind AS)
19 Indian Accounting Standard (Ind AS)
20 Indian Accounting Standard (Ind AS)
21 Indian Accounting Standard (Ind AS)
22 Indian Accounting Standard (Ind AS)
23 Indian Accounting Standard (Ind AS)
24 Indian Accounting Standard (Ind AS)
Indian
25
26 Indian
27 Indian
28 Indian
29 Indian
30 Indian
31 Indian
32 Indian
33 Indian
34 Indian
35 Indian
36 Indian
37 Indian
38 Indian
39 Indian

101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
1
2
7
8
10
12
16
17
19

Description
The Companies (Indian Accounting Standards) Rules, 2015.
First-time Adoption of Indian Accounting Standards
Share-based Payment
Business Combinations
Insurance Contracts
Non-current Assets Held for Sale and Discontinued Operations
Exploration for and Evaluation of Mineral Resources
Financial Instruments: Disclosures
Operating Segments
Financial Instruments
Consolidated Financial Statements
Joint Arrangements
Disclosure of Interests in Other Entities
Fair Value Measurement
Regulatory Deferral Accounts
Revenue from Contracts with Customers
Presentation of Financial Statements
Inventories
Statement of Cash Flows
Accounting Policies, Changes in Accounting Estimates and Errors
Events after the Reporting Period
Income Taxes
Property, Plant and Equipment
Leases
Employee Benefits

Accounting Standard (Ind AS) 20

Accounting for Government Grants and Disclosure of Government Assistance

Accounting
Accounting
Accounting
Accounting
Accounting
Accounting
Accounting
Accounting
Accounting
Accounting
Accounting
Accounting
Accounting
Accounting

The Effects of Changes in Foreign Exchange Rates

Borrowing Costs
Related Party Disclosures
Separate Financial Statements
Investments in Associates and Joint Ventures
Financial Reporting in Hyperinflationary Economies
Financial Instruments: Presentation
Earnings per Share
Interim Financial Reporting
Impairment of Assets
Provisions, Contingent Liabilities and Contingent Assets
Intangible Assets
Investment Property
Agriculture

Reference:

Standard
Standard
Standard
Standard
Standard
Standard
Standard
Standard
Standard
Standard
Standard
Standard
Standard
Standard

(Ind
(Ind
(Ind
(Ind
(Ind
(Ind
(Ind
(Ind
(Ind
(Ind
(Ind
(Ind
(Ind
(Ind

AS)
AS)
AS)
AS)
AS)
AS)
AS)
AS)
AS)
AS)
AS)
AS)
AS)
AS)

21
23
24
27
28
29
32
33
34
36
37
38
40
41

http://www.mca.gov.in/MinistryV2/Stand.html

IFRS (IASB)

IFRS 1
IFRS 2
IFRS 3
IFRS 4
IFRS 5
IFRS 6
IFRS 7
IFRS 8
IFRS 9
IFRS 10
IFRS 11
IFRS 12
IFRS 13
IFRS 14
IFRS 15
IAS 1
IAS 2
IAS 7
IAS 8
IAS 10
IAS 12
IAS 16
IAS 17
IAS 19

First-time Adoption of International Financial Reporting Standards

Share-based Payment
Business Combinations
Insurance Contracts
Non-current Assets Held for Sale and Discontinued Operations
Exploration for and Evaluation of Mineral Assets
Financial Instruments: Disclosures
Operating Segments
Financial Instruments
Consolidated Financial Statements
Joint Arrangements
Disclosure of Interests in Other Entities
Fair Value Measurement
Regulatory Deferral Accounts
Revenue from Contracts with Customers
Presentation of Financial Statements
Inventories
Statement of Cash Flows
Accounting Policies, Changes in Accounting Estimates and Errors
Events After the Reporting Period
Income Taxes
Property, Plant and Equipment
Leases
Employee Benefits (2011)

2008*
2004
2008*
2004
2004
2004
2005
2006
2014*
2011
2011
2011
2011
2014
2014
2007*
2005*
1992
2003
2003
1996*
2003*
2003*
2011*

IAS
IAS
IAS
IAS
IAS
IAS
IAS
IAS
IAS
IAS
IAS
IAS
IAS
IAS
IAS

Accounting for Government Grants and Disclosure of Government Assistance

The Effects of Changes in Foreign Exchange Rates
Borrowing Costs
Related Party Disclosures
Separate Financial Statements (2011)
Investments in Associates and Joint Ventures (2011)
Financial Reporting in Hyperinflationary Economies
Financial Instruments: Presentation
Earnings Per Share
Interim Financial Reporting
Impairment of Assets
Provisions, Contingent Liabilities and Contingent Assets
Intangible Assets
Investment Property
Agriculture

1983
2003*
2007*
2009*
2011
2011
1989
2003*
2003*
1998
2004*
1998
2004*
2003*
2001

20
21
23
24
27
28
29
32
33
34
36
37
38
40
41

Note:

* Standards withdrawn or Superseded

IAS 3
Consolidated Financial Statements (Superseded in 1989 by IAS 27 and IAS 28)
IAS 4
Depreciation Accounting (Withdrawn in 1999)

IND AS are numbered in line with IFRS numbering. All the IND AS which are based on IAS have same numbers only difference is that
IND AS which are based on IFRS start with serias of 100 and so on.

IAS 5

Information to Be Disclosed in Financial Statements (Superseded by IAS 1 effective 1

July 1998)

IAS 6

Accounting Responses to Changing Prices (Superseded by IAS 15, which was withdrawn
December 2003)

IAS 9
IAS 11

Accounting for Research and Development Activities (Superseded by IAS 38 effective 1

July 1999)
Construction Contracts (Will be superseded by IFRS 15 as of 1 January 2017)

IAS
IAS
IAS
IAS
IAS
IAS
IAS
IAS
IAS

13
14
15
18
19
22
25
26
27

Presentation of Current Assets and Current Liabilities (Superseded by IAS 1 effective 1

July 1998)
Segment Reporting (Superseded by IFRS 8 effective 1 January 2009)
Information Reflecting the Effects of Changing Prices (Withdrawn December 2003)
Revenue (Will be superseded by IFRS 15 as of 1 January 2017)
Employee Benefits (1998) (Superseded by IAS 19 (2011) effective 1 January 2013)
Business Combinations (Superseded by IFRS 3 effective 31 March 2004)
Accounting for Investments (Superseded by IAS 39 and IAS 40 effective 2001)
Accounting and Reporting by Retirement Benefit Plans
Separate Financial Statements (2011)

IAS 27

Consolidated and Separate Financial Statements (Superseded by IFRS 10, IFRS 12 and
IAS 27 (2011) effective 1 January 2013)

IAS 28

Investments in Associates (Superseded by IAS 28 (2011) and IFRS 12 effective 1 January

2013)

IAS 30

Disclosures in the Financial Statements of Banks and Similar Financial Institutions

(Superseded by IFRS 7 effective 1 January 2007)

1990

IAS 31
IAS 35

Interests In Joint Ventures (Superseded by IFRS 11 and IFRS 12 effective 1 January 2013)
Discontinuing Operations (Superseded by IFRS 5 effective 1 January 2005)

2003
1998

IAS 39

Financial Instruments: Recognition and Measurement (Superseded by IFRS 9 effective 1

January 2018 where IFRS 9 is applied)

2003*

1976

1976

1993

1997
2003
1993
1998
1998*
1987
2011
2003
2003