Rastreando la evolución de la contabilidad en india: de las prácticas antiguas a las modernas

Kautilya’s Aarthashastra lays great emphasis on structured bookkeeping, accountability of expenditure, and governance, supported trade through the Bahi-khata system. Double-entry accounting replaced the older methods of accounting during the period of British rule. In India post-independence, the stage was set by the Companies Act of 1956 and the establishment of ICAI in 1949 to develop national standards to ensure investor protection and transparency. Earlier moments were the ASB in 1977 till the implementation of IND AS in 2016, the accounting development took place in compliance with IFRS in India. This paper analyzes evolutions of the accounting systems in India, starting from Ancient Accounting till the implementation of IND AS.