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 prescribed under Section 133 of the Act;

Examples of Ind AS in a sentence

  • Ind AS 109 requires expected credit losses to be measured through a loss allowance.

  • Ind AS 116 sets out the principles for the recognition, measurement, presentation and disclosure of leases for both lessees and lessors.

  • These changes do not significantly change the requirements of Ind AS 103.

  • This category also includes derivative financial instruments entered into by the Company that are not designated as hedging instruments in hedge relationships as defined by Ind AS 109.

  • The Company derecognizes a financial asset when the contractual rights to the cash flows from the financial asset expire or it transfers the financial asset and the transfer qualifies for derecognition under Ind AS 109.


More Definitions of Ind AS

Ind AS means the Indian Accounting Standards notified under Section 133 of the Companies Act, 2013 read with the Companies (Indian Accounting Standards) Rules, 2015;
Ind AS means IFRS converged Indian Accounting Standards, notified pursuant to the Companies (Accounting Standards) Rules, 2015 issued by the MCA on February 16, 2015;
Ind AS shall have the meaning given to such term in Section 3.33;