Description
Taxmann Illustrated Guide to Indian Accounting Standards Ind AS 2021 Edition by B.D. Chatterjee,Jinender Jain
Illustrated Guide to Indian Accounting Standards (Ind AS) provides a comprehensive commentary on the Ind AS (as amended by the Companies (Indian Accounting Standards) (Amendment) Rules 2021) & comprehensive analysis on amended Schedule III of the Companies Act 2013.The Present Publication is the 6th Edition, authored by B.D. Chatterjee & Jinender Jain, amended by the Companies (Indian Accounting Standards) (Amendment) Rules 2021 & updated till 15th August 2021, with the following noteworthy features:[Comprehensive Commentary] on the following:Indian Accounting Standards as amended by the Companies (Indian Accounting Standards) (Amendment) Rules 2021Amended Schedule III of the Companies Act 2013 with the updated text of the Schedule III[Process Flow Diagrams of Major Ind AS] to help the reader understand and comprehend the nuances of each Ind AS in its simplest form[200+ Charts, Illustrations & Case Studies] to deep dive into the Ind ASs & its convergence with IAS/IFRS, updated with the latest notified amendments in each of the Ind ASs, based on practical issues and questions[Definitions & Application Guidance] are incorporated in critical chapters[Detailed Comparative Analysis] of the Indian Accounting Standards with the amending Accounting Standards[References] have been made to the following:Notified text on Ind ASs & AS published by Ministry of Corporate AffairsThe Institute of Chartered Accountants of India Publication on Indian Accounting Standards (Ind AS)Adaptations from ACCA UKThe detailed contents of this book are as follows:Financial Reporting in India and Conceptual Framework for Financial ReportingIndian Accounting Standards (Ind AS) SummaryInd AS 1 | Presentation of Financial StatementsInd AS 2 | InventoriesInd AS 7 | Statement of Cash FlowsInd AS 8 | Accounting Policies, Changes in Accounting Estimates and ErrorsInd AS 10 | Events occurring after the Reporting PeriodInd AS 12 | Income TaxesInd AS 16 | Property, Plant and EquipmentInd AS 17 | LeasesInd AS 19 | Employee BenefitsInd AS 20 | Accounting for Government GrantsInd AS 21 | The Effects of Changes in Foreign Exchange RatesInd AS 23 | Borrowing CostsInd AS 24 | Related Party DisclosuresInd AS 27 | Separate Financial StatementsInd AS 28 | Investments in Associates and Joint VenturesInd AS 29 | Financial Reporting in the Hyperinflationary EconomiesInd AS 32 | Financial Instruments: PresentationInd AS 33 | Earnings Per ShareInd AS 34 | Interim Financial ReportingInd AS 36 | Impairment of AssetsInd AS 37 | Provisions, Contingent Liabilities and Contingent AssetsInd AS 38 | Intangible AssetsInd AS 40 | Investment PropertyInd AS 41 | AgricultureInd AS 101 | First-time adoption of International Financial Reporting StandardsInd AS 102 | Share-Based PaymentInd AS 103 | Business CombinationsInd AS 104 | Insurance ContractsInd AS 105 | Non-Current Assets Held for Sale and Discontinued OperationsInd AS 106 | Exploration and Evaluation of Mineral ResourcesInd AS 107 | Financial Instruments: DisclosuresInd AS 108 | Operating SegmentsInd AS 109 | Financial InstrumentsInd AS 110 | Consolidated Financial StatementsInd AS 111 | Joint ArrangementsInd AS 112 | Disclosure of Interests in Other EntitiesInd AS 113 | Fair Value MeasurementInd AS 114 | Regulatory Deferral AccountsInd AS 115 | Revenue from Contracts with CustomersInd AS 116 | Leases.