AS 29 provides guidance on recognising Provisions and guidance on dealing with Contingent Liabilities and Contingent Assets.

AS 28 aims to ensure that no asset is carried in the balance sheet at a value more than it's recoverable amount. The standard prescribes the methodology for conducting Impairment review for an asset and accounting treatment thereof.

AS 27 provides guidance on consolidating the joint ventures into the consolidated financial statements.

AS 26 provides guidance on accounting for intangible assets. Standards also prescribes treatment of advertising, training, start up costs and research and development costs etc.

AS 25 prescribes guidance on preparation interim financial reports if an entity prepares financial statements for an interim period.

AS 24 provides guidance on presentation and disclosure of discontinuing operations to increase the understandability of financial statements.

AS 23 provides guidance on how to consolidate the interest in associate using equity method.

AS 22 provides guidance on accounting for Taxes by complying with accrual basis and matching concept. The standard prescribes computational methodology for deferred tax and disclosures thereof.