View Contents: Accounting_Standards_Made_Easy_Conent.pdf

This book is prepared exclusively for the Intermediate Level of Chartered Accountancy Examination requirement. It covers the revised syllabus per ICAI under the New Scheme of Education and Training. It applies to Group 1/Paper 1 – Accounting & Group 2/Paper 5 – Advanced Accounting.

This book will be helpful for students of CA-Inter/IPCC, CMA-Intermediate, and other specialised courses.

The Present Publication is the 18th Edition for CA-Inter | Nov. 2023 exam. This book is authored by CA Ravi Kanth Miriyala & CA Sunitanjani Miriyala, with the following noteworthy features:

[Self-preparatory Book] The book has been written in a classroom-style-teaching methodology so that the average student can understand & master the subject without assistance
[Most Amended & Updated] This book is updated with the recent revisions made by the Ministry of Corporate Affairs
[Simple & Lucid Language] along with a step-by-step approach for a better understanding
[Conceptual Understanding with 500+ Detailed Examples] for the Standards
[Diagrammatic Presentation] is given wherever required
[Past Exam Question] including the May 2023 Exam & RTPs & MTPs of ICAI
[Weightage of Accounting Standards] in previous CA Intermediate Exams
[Student-Oriented Book] The authors have developed this book keeping in mind the following factors:

Interaction of the authors with their students, with specific emphasis on difficulties faced by students in the examinations
Shaped by the authors' 10+ years' experience of teaching the subject matter at different levels
Reactions and responses of students have also been incorporated at different places in the book

The detailed contents of this book are as follows:

Chapter A – Introduction
Chapter B – Preface to Accounting Standards (Very Important)
Chapter C – Framework for Preparation and Presentation of Financial Statements
AS 1 – Disclosure of Accounting Policies
AS 2 – Valuation of Inventories
AS 3 – Cash Flow Statement
AS 4 – Contingencies and Events Occurring after the Balance Sheet Date
AS 5 – Net Profit or Loss for the Period, Prior Period Items and Changes in
Accounting Policies
AS 7 – Construction Contracts
AS 9 – Revenue Recognition
AS 10 - Property, Plant and Equipment (PPE)
AS 11 – The Effects of Changes in Foreign Exchange Rates
AS 12 – Accounting for Government Grants
AS 13 – Accounting for Investments
AS 14 – Accounting for Amalgamation
AS 16 – Borrowing Costs
AS 17 – Segment Reporting
AS 18 – Related Party Disclosures
AS 19 – Leases
AS 20 – Earnings Per Share
AS 22 – Accounting for Taxes on Income
AS 24 – Discontinuing Operations
AS 26 – Intangible Assets
AS 29 – Provisions, Contingent Liabilities and Contingent Assets