News shortcuts: From the Courts | Top Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | Professional Updates | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Professional Updates »
  Appeal to contribute in ICAI Covid 19 Relief Fund
 Extension of time period for commencement of Practical Training on or before 30th April 2020 to 31st May, 2020 for appearing in Final examination to be held in November, 2022.
 Allowing provisional registration in the Foundation Course of Institute of Chartered Accountants of India (ICAI) for students who have been allotted either admit card and/or appeared in one or more papers of Class XII examinations.
 MCA has introduced LLP Settlement Scheme, 2020 and Company Fresh Settlement Scheme 2020 to give Onetime relaxation in additional fees to the defaulting companies/ LLPs
 Invitation for expression of interest from software development companies for providing software relevant to the Practitioners & CA Firms of ICAI by 31.05.2020
  Appeal to contribute in ICAI Covid 19 Relief Fund
  Invitation to participate in the activities of the Internal Audit Standards Board, ICAI
 ICAI Advisory on Accounting and Assurance related issues for F.Y – 2019-20
  Research Committee of ICAI invites Members in Academics, Teaching, Research, MDP to update their details in order to get associated in activities of Research Committee
 Survey for Seeking Preference for Learning Foreign Language Course
 Invitation to Members to Empanel as a Resource Person for Conducting Investor Awareness Programmes

Post-implementation Review - IFRS 13 Fair Value Measurement
June, 15th 2017

The IASB has issued a request for stakeholders to tell the Board about their experience with the accounting standard that explains how to measure the ‘fair value’ of assets and liabilities, IFRS 13. The aim is to check whether the Standard meets its objectives. This request is part of the IASB’s Post-implementation Review (PIR) of IFRS 13 Fair Value Measurement. The objective of a PIR is to assess whether an accounting standard works as intended and achieves its objectives. This assessment involves analysing how the requirements in the standard affect investors, companies and auditors. The PIR also helps detect areas of a standard that may present challenges that could result in inconsistent application of the requirements. 



The Request for information issued by IASB on Post-implementation Review - IFRS 13 Fair Value Measurement, is for comments only. Comments on the aforesaid document need to be received by August 16, 2017. 

Invitation to comment 

ASB invites comments on the Exposure Draft from the public. The downloadable version of the draft is available at: http://resource.cdn.icai.org/45631asb35792d2.pdf 

How to comment

Comments should be submitted using one of the following methods: 

1. Electronically: Visit at the following link (Preferred method):
http://www.icai.org/comments/asb/
2. Email: Comments can be sent to: commentsasb@icai.in
3. Postal: Secretary, Accounting Standards Board,
The Institute of Chartered Accountants of India,
ICAI Bhawan, Post Box No. 7100,
Indraprastha Marg,
New Delhi 110 002

Further clarifications on this Exposure Draft may be sought by e-mail to asb@icai.in
Home | About Us | Terms and Conditions | Contact Us
Copyright 2020 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting