Description
Taxmann Publications Students' Guide To Accounting Standards (Including Introduction Of Ind As) by D S Rawat
The Present Publication authored by Dr. D.S. Rawat, is the 5th Edition for New Syllabus (Updated till 31-10-2020), with the following noteworthy features:
· This book has been written as per the following:
o Revised syllabus of Paper 1 and Paper 5 of CA-Intermediate (New Syllabus)
o Section-wise weightage of chapters, as prescribed by the ICAI, for examination purpose. In other words, 25% weightage is assigned to AS in each of Paper 1 of Accounting and Paper 5 of Advanced Accounting
· Coverage of this book includes:
o All 21 Accounting Standards (AS)
o Other chapters relating to AS of new syllabus prescribed by the ICAI
· Questions on Accounting Standards of past examinations have also been incorporated in respective AS.
· Contents of this book are as follows:
Group I – Paper 1 (Accounting)
o Introduction to AS and Indian Accounting Standards (IND AS)
o Framework for the Preparation and Presentation of Financial Statements
o Disclosure of Accounting Policies (AS-1)
o Valuation of Inventories (AS-2)
o Cash Flow Statement (AS-3)
o Property, Plant and Equipment (AS-10)
o The effects of Changes in Foreign Exchange Rates (AS-11)
o Accounting for Government Grants (AS-12)
o Accounting for Investments (AS-13)
o Borrowing Costs (AS-16)
Group II – Paper 5 (Advanced Accounting)
o Contingencies and events occurring after the Balance Sheet date (AS-4)
o Net Profit or loss for the period, prior period items and change in accounting policies (AS-5)
o Construction Contracts (AS-7)
o Revenue Recognition (AS-9)
o Accounting for Amalgamation (AS-15)
o Segment Reporting (AS-17)
o Related Party Disclosure (AS-18)
o Accounting for Leases (AS-19)
o Earnings Per Share (AS-20)
o Accounting for Taxes on Income (AS-22)
o Discontinuing Operations (AS-24)
o Intangible Assets (AS-26)
o Provisions, Contingent Liabilities and Contingent Assets (AS-29)