Section 133 — Central Government to prescribe accounting standards
The Central Government may
prescribe the standards of accounting or any addendum thereto, as recommended by the Institute of
Chartered Accountants of India, constituted under section 3 of the Chartered Accountants Act, 1949 (38
of 1949), in consultation with and after examination of the recommendations made by the National
Financial Reporting Authority:
Related sections
- Section 128 — Books of account, etc., to be kept by company
- Section 129 — Financial statement
- Section 130 — Re-opening of accounts on court’s or Tribunal’s orders
- Section 131 — Voluntary revision of financial statements or Board’s report
- Section 132 — Constitution of National Financial Reporting Authority
- Section 134 — Financial statement, Board’s report, etc
- Section 135 — Corporate Social Responsibility
- Section 136 — Right of member to copies of audited financia l statement
- Section 137 — Copy of financial statement to be filed with Registrar
- Section 138 — Internal audit