Description
Taxmann Publications Student’S Guide To Ind Ass (Converged Ifrss) by D S Rawat
This book has been written with the objective 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 situation.
The Present Publication, authored by Dr. D.S. Rawat, is the 6th Edition for CA/CMA Final (New/Old Syllabus | Updated till 31-10-2020), 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 are given in this book
[Comparison of each Ind AS with corresponding IFRS] is given in this book
Coverage of Past Exam Questions
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 have been added to make it as per the examination patterns for the forthcoming examination
[Most Amended] This book is updated till 31-10-2020 & amended as per the following:
Companies (Indian Accounting Standards) Amendment Rules, 2020
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 his/her 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
Reaction and responses of students have also been incorporated at different places in the book
Also Available:
[4th Edition] of Taxmann’s Financial Reporting (Set of 2 Volumes)
[2nd Edition] of Taxmann’s Financial Reporting – Problems & Solutions
[3rd Edition] of Taxmann’s CRACER on Financial Reporting
[1st Edition] of Taxmann’s CLASS NOTES on Financial Reporting
Contents of this book are as follows:
Introduction to Indian Accounting Standards (Ind AS)
Framework for the Preparation and Presentation of Financial Statements in accordance with Indian Accounting Standards
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
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 discontinues 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)
About the author
Dr. D.S. Rawat is a Chartered Accountant, teaching/guiding the CA students (PE-II/Final) since last 35 years. He has completed his Ph.D in IFRS. He is a visiting faculty to ICAI for the courses on Accounting Standards and IFRS and associated with the ICAI in convergence of Indian Accounting Standards (Ind AS) with International Financial Reporting Standards (IFRS).
He has more than 35 years of practical experience in the field of accounts/audit of various organizations/companies. He has been an active participant and speaker in various Seminars and Conferences on Accounting and Finance.