Sowmya

Published on 16 Jan 2026

@sowmya

Applicability of Accounting Standard to Non-Company Entities

Understand how Accounting Standards apply to non-company entities like LLPs, partnerships and trusts, including MSME and Large Entity rules.

Sowmya

Published on 16 Jan 2026

@sowmya

Revised MSME and Large Entity Classification by ICAI 2024

Understand ICAI 2024 revised MSME and Large Entity classification, turnover and borrowing limits, applicability of Accounting Standards and compliance rule

Sowmya

Updated on 16 Jan 2026

@sowmya

Accounting Standards vs Income Tax Act and ICDS Guide

Understand the difference between Accounting Standards, Income Tax Act and ICDS, including depreciation, revenue recognition and taxable income rules.

Sowmya

Published on 15 Jan 2026

@sowmya

Which Enterprises Must Follow Accounting Standards in India

Learn which companies, LLPs, trusts and firms must follow Accounting Standards in India, including rules on commercial activity, materiality and compliance

Sowmya

Published on 15 Jan 2026

@sowmya

Legal Status and Authority of Accounting Standards in India

Understand who issues Accounting Standards in India, their legal authority under Companies Act 2013, ICAI, MCA and auditor responsibility explained clearly