Daily Archives: September 11, 2015

first Ind AS financial statements as per Ind AS 101

By | September 11, 2015

Indian Accounting Standard (Ind AS 101) First time Adoption of Indian Accounting Standards (This Indian Accounting Standard includes paragraphs set in bold type and plain type, which have equal authority. Paragraphs in bold type indicate the main principles.) Objective 1. The objective of this Ind AS is to ensure that an entity’s first Ind AS… Read More »

Agricultural Ind AS 41 accounting treatment

By | September 11, 2015

 Indian Accounting Standard (Ind AS 41) Agriculture (The Indian Accounting Standard includes paragraphs set in bold type and plain type, which have equal authority. Paragraphs in bold type indicate the main principles.) Objective The objective of this Standard is to prescribe the accounting treatment and disclosures related to agricultural activity. Scope 1. This Standard shall… Read More »

Investment Property Ind AS 40

By | September 11, 2015

Investment Property Indian Accounting Standard (Ind AS 40) (This Indian Accounting Standard includes paragraphs set in bold type and plain type, which have equal authority. Paragraphs in bold type indicate the main principles.) Objective 1. The objective of this Standard is to prescribe the accounting treatment for investment property and related disclosure requirements. Scope 2.… Read More »

Intangible Assets Ind AS 38 Accounting treatment

By | September 11, 2015

Indian Accounting Standard (Ind AS 38) Intangible Assets (This Indian Accounting Standard includes paragraphs set in bold type and plain type, which have equal authority. Paragraphs in bold type indicate the main principles.) Objective 1. The objective of this Standard is to prescribe the accounting treatment for intangible assets that are not dealt with specifically… Read More »

Provisions, Contingent Liabilities and Contingent Assets Ind AS 37

By | September 11, 2015

Indian Accounting Standard (Ind AS 37) Provisions, Contingent Liabilities and Contingent Assets (This Indian Accounting Standard includes paragraphs set in bold type and plain type, which have equal authority. Paragraphs in bold type indicate the main principles). Objective The objective of this Standard is to ensure that appropriate recognition criteria and measurement bases are applied… Read More »

Impairment of Assets Ind AS 36

By | September 11, 2015

Indian Accounting Standard (Ind AS 36) Impairment of Assets (This Indian Accounting Standard includes paragraphs set in bold type and plain type, which have equal authority. Paragraphs in bold type indicate the main principles.) Objective 1. The objective of this Standard is to prescribe the procedures that an entity applies to ensure that its assets… Read More »

Interim Financial Reporting Ind AS 34

By | September 11, 2015

Indian Accounting Standard (Ind AS 34) Interim Financial Reporting (This Indian Accounting Standard includes paragraphs set in bold type and plain type, which have equal authority. Paragraphs in bold type indicate the main principles.) Objective The objective of this Standard is to prescribe the minimum content of an interim financial report and to prescribe the… Read More »

Earnings per Share Ind AS 33 Requirements

By | September 11, 2015

Earnings per Share Indian Accounting Standard (Ind AS 33) (Earnings per Share Indian Accounting Standard includes paragraphs set in bold type and plain type, which have equal authority. Paragraphs in bold type indicate the main principles.) Objective 1. The objective of this Standard is to prescribe principles for the determination and presentation of earnings per… Read More »