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 Result Notification Final - Nov 2016
 Result of the Information Systems Audit [ISA] Assessment Test held on 24th December 2016 declared.
 Result Notification - CPT December 2016
  Result of the Chartered Accountants Final Examination held in November 2016 and Common Proficiency Test (CPT) held in December 2016 declared.
 Annual Improvements to IFRS® Standards 2015–2017 Cycle
  Result of the Chartered Accountants Final Examination held in November 2016 and Common Proficiency Test (CPT) held in December 2016 are likely to be declared on Tuesday, the 17th January 2017.
 Result of the Information Systems Audit [ISA] Assessment Test held on 24th December 2016 is likely to be declared on 17th January, 2017.
 Exposure Draft of Ind AS Taxonomy for Comments.
 The Rules regarding Condonation of delay in submission of Forms related to various regulations of the Chartered Accountants Regulations, 1988.
 The Rules regarding Condonation of delay in submission of Forms related to various regulations of the Chartered Accountants Regulations, 1988.
 CPE Events 9th December - 14th December 2016

Announcement on renumbering of already issued ASLBs
February, 28th 2013
               Committee on Accounting Standards for Local Bodies

                                        Announcement


The Committee on Accounting Standards for Local Bodies (CASLB), since its inception, has
issued the following seven Accounting Standards for Local Bodies (ASLBs):

          1.   ASLB 1, `Presentation of Financial Statements'
          2.   ASLB 3, `Borrowing Costs'
          3.   ASLB 4,'Revenue from Exchange Transactions'
          4.   ASLB 5, `Property, Plant & Equipment'
          5.   ASLB 6,'Events after the Reporting Date'
          6.   ASLB 11, `Construction Contracts'
          7.   ASLB 12, `Inventories'


The Standards mentioned at sl. no. 2, 3, 4 and 5 above have been numbered based on the
sequence of issuing the Standards as per the decision taken by the CASLB earlier.




Subsequently, the Council of the ICAI has taken a decision that the endeavour of the CASLB is
to formulate the ASLBs on the basis of International Public Sector Accounting Standards
(IPSASs) issued by the International Public Sector Accounting Standards Board (IPSASB) of
IFAC. Therefore, in order to maintain consistency with the IPSASs, the number corresponding
to that of IPSAS should be given to a relevant ASLB. Accordingly, the following ASLBs are
renumbered as follows:

          Old number                                            New Number

          ASLB 3, `Borrowing Costs'                             ASLB 5

          ASLB 4, 'Revenue from Exchange Transactions'          ASLB 9

          ASLB 5, `Property, Plant & Equipment'                 ASLB 17


          ASLB 6, 'Events after the Reporting Date'             ASLB 14







ASLB 1, ASLB 11 and ASLB 12 have already been numbered according to the new numbering
policy adopted.
 
 
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