A Quick Guide To Indian Accounting Standards (Ind AS)

This book aims to simplify Ind AS learning in the quickest manner using charts and tables.The Present Publication is the 4th Edition, authored by CA Chintan N. Patel & CA Bhupendra Mantri, amended by the Companies (Ind AS) (Amendment) Rules 2017/2016 & Companies (Accounting Standard) Amendment Rules 2016.

The noteworthy features of this book are as follows:

[Frequently Asked Question on Ind AS Schedule III] have been framed to clarify the requirements of presentation of the financials.
[Format of Illustrative Ind AS Financials] is revised to align it with the requirement of Revised Schedule III of Companies Act
This book is divided into five modules:
Ind AS Simplified
Ind AS Carve-Outs
Significant Differences Between IFRS and Indian GAAP
Illustrative Ind AS Financial Statements & Frequently Asked Questions on Ind AS Financials
Income Computation and Disclosure Standards (ICDS) ? Compared with Ind AS and Indian GAAP

The contents of the book are as follows:

Ind AS Simplified
Conceptual Framework for Financial Reporting
Presentation of Financial Statements
Assets
Liabilities and Expenses
Incomes
Disclosure Standard
Industry/Economy Standards
Financial Instruments
Business Combination and Consolidation
Ind AS 101: First Time Adoption of Indian Accounting Standards
Ind AS Carve-Outs
Significant Differences Between IFRS and Indian GAAP
Illustrative Ind AS Financial Statements & Frequently Asked Questions on Ind AS Financials
Income Computation and Disclosure Standards (ICDS) ? Compared with Ind AS and Indian GAAP