Indian Government Accounting Standards (IGAS)


Indian Government Accounting Standards (IGASs) formulated by GASAB are for cash system of accounting and become mandatory from the effective date after their notification by Ministry of Finance, Govt. of India.
IGAS Notified by Government of India
Guarantees given by Governments: Disclosure Requirements (IGAS1)
[Notified by the Govt. of India]
Accounting and Classification of Grants-in-aid (IGAS2)
[Notified by the Govt. of India]
Loans and Advances made by Governments (IGAS 3)
[Notified by the Govt. of India]

IGAS approved by GASAB and under consideration of Government of India
Government Investments In Equity (IGAS 9)
[Under consideration of the Govt. of India for notification]    
Foreign Currency transactions and loss or gain by Exchange Rate variations (IGAS 7)
[Under consideration of the Govt. of India for notification]
Public Debt and Other Liabilities of Governments: Disclosure Requirements (IGAS 10)
[Under consideration of the Govt. of India for notification]