Student's Guide to Ind ASs: (Converged IFRSs)

Book Purchased Under MCOM Funds @ Rs 1495/-

Chapter 1: Introduction of Indian Accounting Standards ( Ind AS)
Chapter 2: Conceptual Framework for Financial Reporting Under Ind AS
Chapter 3: Presentation of Financial Statements ( Ind AS-1)
Chapter 4: Inventories
Chapter 5: Statement ofCash Flow ( Ind AS-7)

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 9th Edition & updated till 30th April 2022 for CA/CMA Final | Nov. 2022/May 2023 exams. This book is authored by Dr D.S. Rawat & CA Jinender Jain 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] Solved Paper: CA Final May 2022 | New Syllabus (Suggested Answers) Solved Paper: CA Final December 2021 | New Syllabus (Suggested Answers) Solved Paper: CA Final July 2021 | New Syllabus (Suggested Answers) Solved Paper: CA Final January 2021 | New Syllabus (Suggested Answers) Solved Paper: CA Final November 2020 (Suggested Answers) Solved Paper: CA Final November 2019 (Suggested Answers) Solved Paper: CA Final May 2019 (Suggested Answers) [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 30-04-2022 [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 authors’ 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-9) 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

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