Taxmann's Financial Reporting is prepared exclusively for the Final Level of Chartered Accountancy Examination requirement. It covers the entire revised syllabus as per ICAI. This book serves as a guide for students & professionals, and the objectives of this book are as follows:

It helps the reader acquire the ability to integrate & solve problems in practical scenarios on Indian Accounting Standards (Ind AS). It also assists the reader in deciding the appropriate accounting treatment and formulation of suitable accounting policies
While preparing and presenting the financial statements, this book helps in the ability to recognize and apply disclosure requirements specified in Ind AS
Acquiring/developing the skill to prepare financial statements of group entities based on Ind AS
Develop an understanding of the various forms of reporting (other than financial statements) and accounting for special transactions, and apply such knowledge in problem-solving

The Present Publication is the 5^th Edition amended by the Companies (Ind AS) Amendment Rules for CA-Final | New Syllabus, authored by CA Parveen Sharma & CA Kapileshwar Bhalla, with the following noteworthy features:

As per the revised syllabus announced by ICAI
Coverage of this book includes:

Financial Instruments (Ind AS 32, 109 & 107)
Revenue (Ind AS 115)
Leases (Ind AS 116)
Business Combination (Ind AS 103)
Consolidation (Ind AS 110,111,28 & 27)
Solved Papers with Guideline Answers:

CA (Final) – May 2019 Exam | New Syllabus | Guidelines Answers
CA (Final) – November 2019 Exam | New Syllabus | Guidelines Answers
CA (Final) – November 2020 Exam | New Syllabus | Guidelines Answers
CA (Final) – January 2021 Exam | New Syllabus | Guidelines Answers
CA (Final) – July 2021 Exam | New Syllabus | Guidelines Answers

[Examples, Diagrams, Charts, Clarifications & Explainations] are given to address the complicated standards
[Special emphasis on Ind AS strictly from an examination point of view] including differences between AS and Ind AS and carve-in & carve-outs with respect to IFRS
[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' experience of teaching the subject matter at different levels
Reaction and responses of students have also been incorporated at different places in the book

[950+ Examples/Case Studies, Questions with Answers] have been given at various places in the book to make students understand the complexities involved in Ind AS
[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
[Thoroughly Updated & Amended] This book has been amended as per the Companies (Ind AS) Amendment Rules 2020. Also, the amendments related to Ind AS – 103 & 116 and other amendments have been incorporated

Chapter 1 Framework for Preparation and Presentation of Financial Statements
Chapter 2 Ind AS on Presentation of Items in the Financial Statements
Unit 1 Ind AS 1: Presentation of Financial Statements
Unit 2 Ind AS 34: Interim Financial Reporting
Unit 3 Ind AS 7: Cash Flow Statement
Chapter 3 Ind AS 115: Revenue from Contracts with Customers
Chapter 4 Ind AS on Measurement based on Accounting Policies
Unit 1 Ind AS 8: Accounting Policies, Changes in Accounting Estimates and Errors
Unit 2 Ind AS 10: Events after the Reporting Period
Unit 3 Ind AS 113: Fair Value Measurement
Chapter 5 Other Ind AS
Unit 1 Ind AS 20: Accounting for Government Grants and Disclosure of Government Assistance
Chapter 6 Ind AS 101: First Time Adoption of Ind AS