• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• Business Line
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

New Delhi , June 22

The Institute of Chartered Accountants of India (ICAI) plans to come up with an accounting standard on financial instruments including derivatives in January 2007.

Mr T.N. Manoharan, ICAI President, said: "We have already come up with an exposure draft on the disclosure part of the accounting standard. In August this year, we will expose the recognition and measurement part for public comments. We hope to release the final standard on financial instruments in January 2007." He added that a Reserve Bank of India study group was also giving inputs to the ICAI for the proposed standard.

More Stories on : Accounting Standards | Accountancy

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Rajesh Exports bags Rs 231-cr order

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line