Bloomsbury’s Publication Treatise on Ind AS, Explained with Practical Examples and MCQs by CA. Alok K. Garg
Bloomsbury’s publication Treatise
on Ind AS, Explained with Practical Examples and MCQs by CA. Alok K. Garg has just published and for sure it will create a
sensation among the aspirants such as CAs, CSs, ICWAs, CFOs, finance
professionals, accountants, corporates, and CA final students. The
implementation of Ind AS has not been a cakewalk and Mr. Garg has rightly
thought of extending his support towards the finance professionals who are
struggling to keep up with the changing financial reporting requirements.
The narratives and the explanations are put using simplified text. However, the book is rich in content. Through this book, Mr. Garg provides complete guidance to its readers by offering a comprehensive commentary on each Ind AS explained with practical examples, case studies, amendments made by IFRS and ICAI, FAQs on applicability, or roadmap for implementation of Ind AS to answer most of the related questions. To fulfill the latter, the book has a Question Bank of around 1,000 MCQs with detailed analysis covering all Ind AS.
Here are a few of the differentiation that make this book so invaluable and a game changer
- A detailed comparison of Ind AS, IGAAP, IFRS and ICDS.
- Contains practical issues based on ITFG bulletins and educational material have been incorporated in order to provide guidance on exceptional accounting issues.
- The author has simplified the most complex Ind AS such as recently notified Ind AS 116 on Leases, Ind AS 115 on Revenue and other areas like Financial Instruments, Business Combination and Consolidation, etc.
- This book covers all the amendments since inception, including the recent amendment notified by MCA on 24th July, 2020 along-with relevant examples and case studies.
- It’s a treatise that inscribes the transfiguration of financial reporting framework in the Indian history of accounting giving its readers an in-depth insight on its each and every detail.
Know your author
CA. Alok K. Garg, is an Associate Member of Institute of Chartered Accountants of India (ICAI) for more than a decade. He currently heads Financial Reporting, Consolidation and IFC function of a large listed company.
Being a seasoned professional he has a thorough experience in the field of Financial reporting, Consolidation, Internal Controls and Auditing for more than 13 years and associated with Bharti Infratel, HSBC, IL&FS and consulting firms during his career cycle.
He frequently attends lectures and as a speaker, has delivered more than 400 lectures on IFRS, Ind AS and Accounting Standards across the country and outside at diverse platforms organized by various professional Institutes, Universities, and various committees, branches and study circles of ICAI.
He has Co-Authored a comprehensive book on Ind AS “An Insights in to Indian Accounting Standards” with CA. Amarjit Chopra and CA. (Dr.) Sanjeev Singhal.
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Written By: Somnath Das
Associate VP - Machwan Communication & Research