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 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 »
Indian Accounting Standard (Ind AS 32) Financial Instruments: Presentation (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. [Refer Appendix 1] 2. The objective of this Standard is to establish principles for presenting financial instruments as liabilities… Read More »
Indian Accounting Standard (Ind AS 29) Financial Reporting in Hyperinflationary Economies (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.) Scope 1. This Standard shall be applied to the financial statements, including the consolidated financial statements, of any entity… Read More »
Indian Accounting Standard (Ind AS 28) Investments in Associates and Joint Ventures (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 for investments in associates and to… Read More »
Indian Accounting Standard (Ind AS 27) Separate Financial Statements (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 and disclosure requirements for investments in subsidiaries, joint ventures… Read More »
Indian Accounting Standard (Ind AS 24) Related Party Disclosures (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 ensure that an entity’s financial statements contain the disclosures necessary to draw… Read More »
Indian Accounting Standard (Ind AS 23) Borrowing Costs (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.) Core principle 1. Borrowing costs that are directly attributable to the acquisition, construction or production of a qualifying asset form part of… Read More »
Indian Accounting Standard (Ind AS 21) The Effects of Changes in Foreign Exchange Rates (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. An entity may carry on foreign activities in two ways. It may have transactions… Read More »
Indian Accounting Standard (Ind AS 20) Accounting for Government Grants and Disclosure of Government Assistance (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.) Scope 1. This Standard shall be applied in accounting for, and in the disclosure of,… Read More »