![]() ![]() VMware Academic Software Licensing Program For CDM Students The product key for the software you are trying to download will be appear after you click the "View Key" button.The software can be found under the "Software" tab.The Azure Dev Tools for Teaching is a special program that provides free tools to faculty and students, including Project, SQL Server, Visio, Visual Studio, operating systems, and so on. There are also a number of technology vendors that are part of theĭemon Discounts program and offer discounted products and services to the university community. And if the relevant subject relates to a corporate entity the Central Government will issue the standard.Students have access to the free software listed below for educational use. In the case of standard for non-corporate entities, the ICAI will issue the standard. Finally, the Accounting Standard is issued.If necessary they may suggest a few modifications. The Council of the ICAI will then review and consider the final draft of the standard.Then a final draft will be prepared for the review and consideration of the ICAI ![]() The comments by the public on the exposure draft will be reviewed.The exposure draft is then finalized and presented to the public for their review and comments.Then the ASB arranges meetings with these representatives to discuss their views and concerns about the draft and its provisions.These members and departments are invited to give their comments. This will generally include the members of the ICAI, and any other concerned authority like the Department of Company Affairs (DCA), the SEBI, the CBDT, Standing Conference of Public Enterprises (SCPE), Comptroller and Auditor General of India etc. Then this preliminary draft is circulated to all concerned authorities.If necessary changes and revisions are made. The ASB then carries out deliberations of the said draft of the standard.The draft normally includes the definition of important terms, the objective of the standard, its scope, measurement principles and the representation of said data in the financial statements. Such panels will prepare a draft of the standards. Then the ASB will constitute study groups and panels to discuss and study the topic at hand.First, the ASB will identify areas where the formulation of accounting standards may be needed.Let us take a brief look at the procedure setting process that the ASB follows Procedure for Formulation of Accounting Standards Accounting Standards- Objectives, Benefits, Limitations.The idea is to make the ASB as inclusive and representative as possible.īrowse more Topics under Accounting Standards There are also certain government officials, a few academics, and regulators from various departments. There are representatives of industries like the FICCI and ASSOCHAM. So the ASB will modify the IFRS to suit the laws, customs and common usage in the country. While India does not plan to adopt the IFRS, this process will help the convergence of the two standards. While framing the standards the ASB will try and incorporate the IFRS and its principles in the Indian standards. This process is fully transparent, very thorough and completely independent of any government involvement. The ASB formulates all the accounting standards for the Indian companies. But to ensure maximum transparency and independence, the ASB is a completely independent body. ICAI is the highest accounting body in the country. 3 Solved Question for You Accounting Standard Board ![]()
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