View Contents: Students_Guide_to_Ind ASs_content.pdf

This book is prepared exclusively for the Final Level of Chartered Accountancy & Cost Accounts Examination requirement. It covers the entire revised syllabus as per ICAI/ICMAI.

This book serves as a guide for both students & professionals. It has been written to present the complex text of Ind ASs in a simple language and to develop the ability of the students to apply these Ind ASs in their given situations.

The Present Publication is the 11^th Edition & updated till 30^th April 2023 for CA/CMA Final | Nov. 2023 Exam. This book is authored by Dr D.S. Rawat & CA Pooja Patel with the following noteworthy features:

[Simplified Language with Examples] for explaining the text of Ind ASs
[Questions with their Solutions] at the end of each chapter
[Comparison of each Ind AS with corresponding IFRS] is covered in this book
[Coverage of Past Exam Questions & Answers] including the May 2023 Exam
[Suggested Answers for the Paper on Financial Reporting] has been incorporated along with more problems and examples to make it as per the examination pattern for the forthcoming examination
[Most Amended] This book is updated till 30-04-2023
[Follows Six-Sigma Approach] to achieve the Benchmark of Zero-Error
[Student-Oriented Book] The author has 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 author's experience of teaching the subject matter at different levels
Reactions and responses of students have also been incorporated at different places in the book

Contents of this book are as follows:

Introduction to Indian Accounting Standards (Ind AS)
Conceptual Framework for Financial Reporting under Ind AS
Presentation of Financial Statements (Ind AS-1)
Inventories (Ind AS-2)
Statement of Cash Flows (Ind AS-7)
Accounting policies, changes in accounting estimates and errors (Ind AS-8)
Events after the reporting period (Ind AS-10)
Construction Contracts (Ind AS-11) | Deleted | Not in CA-Final Syllabus
Income Taxes (Ind AS-12)
Property, Plant and Equipment (Ind AS-16)
Leases (Ind AS-17) | Deleted | Not in CA Final Syllabus
Revenue (Ind AS-18) | Deleted | Not in CA Final Syllabus
Employee Benefits (Ind AS-19)
Accounting for Government grants and disclosures of Government assistance (Ind AS-20)
The effects of changes in Foreign Exchange Rates (Ind AS-21)
Borrowing Cost (Ind AS-23)
Related Party Disclosure (Ind AS-24)
Separate Financial Statements (Ind AS-27)
Investments in Associates and Joint Ventures (Ind AS-28)
Financial reporting in hyperinflationary economies (Ind AS-29) | Deleted | Not in CA Final Syllabus
Earnings Per Share (Ind AS-33)
Interim Financial Reporting (Ind AS-34)
Impairment of Assets (Ind AS-36)
Provisions, Contingent Liabilities and Contingent Assets (Ind AS-37)
Intangible Assets (Ind AS-38)
Investment Property (Ind AS-40)
Agriculture (Ind AS-41)
First-time adoption of Indian Accounting Standards (Ind AS-101)
Share-based payments (Ind AS-102)
Business Combinations (Ind AS-103)
Insurance Contracts (Ind AS-104) | Deleted | Not in CA Final Syllabus
Non-current assets held for sale and discontinued operations (Ind AS-105)
Exploration for and evaluation of mineral resources (Ind AS-106) | Deleted | Not in CA Final Syllabus
Operating segments (Ind AS-108)
Financial instruments: Recognition, presentation, and disclosure (Ind AS-32), (Ind AS-107), (Ind AS-109)
Consolidated financial statements (Ind AS-110)
Joint arrangements (Ind AS-111)
Disclosure of interest in other entities (Ind AS-112)
Fair value measurement (Ind AS-113)
Regulatory deferral accounts (Ind AS-114) | Deleted | Not in CA Final Syllabus
Revenue from contracts with customers (Ind AS-115)
Leases (Ind AS-116)