Accounting standards for Local Bodies (ASLB) issued by ICAI

The Institute of Chartered Accountants of India (ICAI) has issued Accounting standards for Local Bodies. To download the Accounting standards, click the below mentioned links:-

Preface

ASLB – 1 Presentation of Financial Statements

ASLB – 2 Cash Flow Statements

ASLB – 3 Accounting policies, changes in Accounting estimates and errors

ASLB – 5 Borrowing costs

ASLB – 9 Revenue from Exchange Transactions

ASLB – 11 Construction Contracts

ASLB – 12 Inventories

ASLB – 14 Events after the Reporting date

ASLB – 17 Property, Plant and Equipment

ASLB – 18 Segment Reporting

ASLB – 19 Provision, Contingent liabilities and Contingent Assets

ASLB – 24 Presentation of Budget information in Financial statements

ASLB – 31 Intangible AssetsASLB – Financial reporting under cash basis of accounting