This book covers provisions of Ind AS in two volumes.
The first volume contains 43 chapters comprehensively covering convergence strategy, each Ind AS in detail with practical examples and comparison with IFRS and existing Indian GAAP. The book is written in a lucid manner in order to help readers spot the differences between AS and Ind AS and plan towards Ind AS transition efficiently.
The second volume covers the Ind AS disclosure checklist, bare comparison of Ind AS with Income Tax Computation and Disclosure Standards (ICDS), summaries of all Ind AS and other relevant annexures. The book is a very useful referencer for professionals, practitioners and corporates.
Key Features
Summary of recently proposed amendments to various Ind AS by MCA
In-depth coverage of practical examples on Ind AS in Q & A format
Detailed comparison with Indian GAAP and IFRS
Concise summary of all Ind AS
Detailed disclosure checklist of Ind AS
Covering exposure draft of Ind AS compliant Schedule III
Separate chapter on ICDS summarizing the key provisions of all ICDS
Bare text comparison of Ind AS and ICDS
Includes IFRS based Financial Statements Covers complete text of Ind AS in CD.