Description
Taxmann Publications Student’s Guide To Ind ASs (Converged IFRSs) for May 2022 by Dr D S Rawat
This book is prepared exclusively for the Final Level of Chartered Accountancy Examination requirement. It covers the entire revised syllabus as per ICAI. This book serves as a guide for students & professionals.
It 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 is the 8th Edition, authored by Dr. D.S. Rawat & CA Pooja Patel, for CA/CMA Final & Updated till 30-10-2021 for May/Nov. 2022 Exams, 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]
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 30-10-2021
[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
Reaction and responses of students have also been incorporated at different places in the book
Also Available:
[4th Edition] of Taxmann's PROBLEMS & SOLUTIONS on Financial Reporting
[6th Edition] of Taxmann's CRACKER cum Exam Guide on Financial Reporting
[1st Edition] of Taxmann's ALL-IN-ONE for Financial Reporting
Taxmann’s COMBO for Students’ Guide to Ind AS + PROBLEMS & SOLUTIONS + CRACKER + ALL-IN-ONE
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 | 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)
About the author
D.S. Rawat
Dr. D.S. Rawat was a Chartered Accountant who taught/guided the CA students (PE-II/Final) for 35+ years. He was awarded Ph.D in IFRS. He was a visiting faculty to ICAI for the courses on Accounting Standards and IFRS and associated with the ICAI in the convergence of Indian Accounting Standards (Ind AS) with International Financial Reporting Standards (IFRS).
He has 35+ years of practical experience in accounts/audits of various organizations/companies. He has also authored the following books published by Taxmann:
Students' Guide to Auditing Standards
Students' Guide to Accounting Standards
He has been an active participant and speaker in various Seminars and Conferences on Accounting and Finance.
Pooja Patel
CA Pooja Patel is a young, dynamic Chartered Accountant, well equipped with the knowledge of Ind-AS, IFRS, GAAP, etc. She is also an advisor to numerous entities on Indian Accounting Standards.
She is actively engaged in guiding the CA Final Students in Surat at CA Ravi Chhawchharia's Academy Credent Professional Studies and has mentored more than 1,200 Chartered Accountants on this subject.