Category Archives: Accounting Standards

Educational Material on Indian Accounting Standard (Ind AS) 111, Joint Arrangements

By | February 13, 2019

Educational Material on Indian Accounting Standard (Ind AS) 111, Joint Arrangements This Educational Material on Ind AS 111, Joint Arrangements will provide guidance to the stakeholders in how an entity that is a party to a joint arrangement to determine the type of joint arrangement by assessing its rights and obligations and to account for those… Read More »

ICAI Educational Material on Ind AS 27, Separate Financial Statements and Ind AS 28, Investments in Associates and Joint Ventures

By | July 4, 2018

Educational Material on Ind AS 27, Separate Financial Statements and Ind AS 28, Investments in Associates and Joint Ventures – (03-07-2018) This publication will provide guidance to the stakeholders in how an entity accounts for the investments in its subsidiaries, associates and joint ventures. Ind AS 27 prescribes the accounting and disclosure requirements for investments… Read More »

Guide to Indian Accounting Standards (Ind AS) (Set of 2 Volumes) 2018 by Taxmann

By | June 18, 2018

Guide to Indian Accounting Standards (Ind AS) (Set of 2 Volumes)Paperback – 2018 by Taxmann (Author) Price Rs 4195 to Buy Click here Product description With Implementation Guidance,Illustrative Examples, Basis for Conclusions ****Also Incorporating : New Ind AS 115-Revenue from Contracts with Customers *****Based on IFRS Official Pronouncements Paperback: 2608 pages Publisher: Taxmann; 3rd Edition May 2018 edition (2018)

Illustrated Guide to Indian Accounting Standards (Ind AS) (5th Edition May 2018) – by B.D. Chatterjee

By | June 18, 2018

Illustrated Guide to Indian Accounting Standards (Ind AS) (5th Edition May 2018) Hardcover – 2018 by B.D. Chatterjee (Author) Price Rs 2027 to Buy Click here Product description As Amended by Companies (Indian Accounting Standards) (Amendment) Rules 2018****A Comprehensive commentary on Ind AS with more than 200 illustrations, charts and case studies, Detailed comparative analysis of Ind AS and… Read More »

Accounting Policy Changes (Proposed amendments to IAS 8)

By | April 17, 2018

Accounting Policy Changes (Proposed amendments to IAS 8) Introduction In this Exposure Draft, the International Accounting Standards Board (Board) proposes to amend IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors. The Board expects these amendments to facilitate the application of particular voluntary changes in accounting policy, improving the overall quality of financial reporting. Invitation… Read More »

Indian Accounting Standards (Ind AS) Ready Reckoner 2017 Book A.L.Saini

By | June 7, 2017

Indian Accounting Standards (Ind AS) Ready Reckoner Hardcover – 2017 by Dr. A.L.Saini (Author), CA Rajesh Saini (Contributor) Updated as per Companies (Indian Accounting Standards) Amendment Rules, 2017, Issued on 17-03-2017 Tips – How to prepare Opening (Ind AS) Balance Sheet Price Rs 1595 Click to buy online Publisher: Snow White Publications Pvt. Ltd Edition: JUNE… Read More »

Quick Guide To Indian Accounting Standards (Ind AS) – 4th Edition 2017 Book Taxmann

By | June 6, 2017

A Quick Guide To Indian Accounting Standards (Ind AS) Paperback – 2017 by Chintan N. Patel / Bhupendra Mantri , Amarjit Chopra  Description : Incorporating: A Comprehensive & Simplified Guide to Ind AS Comparative Study of IFRS/Indian GAAP/Ind AS Ind AS Carve outs FAQs on Ind AS Schedule III Financial Format Income Computation & Disclosure Standards Ind AS… Read More »

Taxmann Guide to Indian Accounting Standards (Ind AS) 2017

By | May 27, 2017

Guide to Indian Accounting Standards (Ind AS) (Set of 2 Volumes)– 2017 by Taxmann (Author) As Amended by Companies (Indian Accounting Standards)(Amendment) Rules 2017 **** Based on IFRS Official Pronouncements Price Rs 4900 Click to buy online Edition : 2017 Edition Date of Publication : May 2017 ISBN No.:9789386482655 Binding : Paperback No. Of Pages :… Read More »

Paragraph 17 of Revised Guidance Note on Audit of Consolidated Financial Statements

By | May 26, 2017

Important Clarification on Amendment to Paragraph 17 of Revised Guidance Note on Audit of Consolidated Financial Statements – (25-05-2017)   I. The Council of ICAI at its 365th meeting held on May 17-19, 2017 considered a matter regarding amendment to paragraph 17 of Revised Guidance Note on Audit of Consolidated Financial Statements issued in October… Read More »

Ind AS Transition Facilitation Group Clarification Bulletin 9

By | May 18, 2017

‘Ind AS Transition Facilitation Group’ (ITFG) of Ind AS Implementation Committee has been constituted for providing clarifications on timely basis on various issues related to the applicability and /or implementation of Ind AS under the Companies (Indian Accounting Standards) Rules, 2015, raised by preparers, users and other stakeholders. Ind AS Transition Facilitation Group (ITFG) considered… Read More »

Ind AS Transition Facilitation Group (ITFG) Clarification Bulletin 8

By | May 9, 2017

‘Ind AS Transition Facilitation Group’ (ITFG) of Ind AS (IFRS) Implementation Committee has been constituted for providing clarifications on timely basis on various issues related to the applicability and/ or implementation of Ind AS under the Companies (Indian Accounting Standards) Rules, 2015, raised by preparers, users and other stakeholders. Ind AS Transition Facilitation Group (ITFG)… Read More »

Exposure Draft of Clarifications to Ind AS 115, Revenue from Contracts with Customers

By | April 26, 2017

Exposure Draft of Clarifications to Ind AS 115, Revenue from Contracts with Customers – (26-04-2017) Following is the Exposure Draft of Clarifications to Ind AS 115, Revenue from Contracts with Customers, issued by the Accounting Standards Board of the Institute of Chartered Accountants of India, for comments. The Board invites comments on any aspect of… Read More »

IFRS 9 Amendment – Prepayment Features with Negative Compensation

By | April 25, 2017

Prepayment Features with Negative Compensation (Proposed amendments to IFRS 9) – (24-04-2017) Exposure Draft issued by IASB on Prepayment Features with Negative Compensation (Proposed amendments to IFRS 9) is for comments only. Comments on the Exposure Draft need to be received by May 15, 2017. This Exposure Draft, published by the International Accounting Standards Board,… Read More »

Consolidation under Ind AS – IFRS Converged Standards-Book

By | April 24, 2017

Consolidation under Ind AS – IFRS Converged Standards Paperback – 2016 by CA Parveen Kumar (Author) Publishing consolidated financial statements was not compulsory for Indian companies till last year. The Companies Act 2013 (‘Act’) mandates preparation of consolidated Financial Statements for all the companies having subsidiaries. The Act also establishes the principle that financial statements… Read More »

iGAAP 2016 A guide to Ind AS reporting – Deloitte

By | April 18, 2017

iGAAP 2016 A guide to Ind AS reporting Hardcover – 2016 by Deloitte (Author) Price Rs 5880. Click to buy online Description In February 2015, the Ministry of Corporate Affairs notified the Companies (Indian Accounting Standards) Rules, 2015 that set out the text of 39 Indian Accounting Standards (Ind ASs) and the dates of implementation of… Read More »

CAS-17 (REVISED 2017) – Cost Accounting Standard on Interest and Financing Charges

By | April 5, 2017

CAS-17 (REVISED 2017) COST ACCOUNTING STANDARD ON INTEREST AND FINANCING CHARGES The following is the Cost Accounting Standard (CAS 17) (Revised 2017) issued by the Council of The Institute of Cost Accountants of India for determination of “INTEREST AND FINANCING CHARGES”. In this Standard, the standard portions have been set in bold italic type. These… Read More »

Advanced Accounting Book for IPC by M.P. Vijay Kumar – 2017 Edition

By | February 21, 2017

First Lessons in ADVANCED ACCOUNTING (For Intermediate (IPC) Course Group II Students) (with reference to the Companies Act 2013 and Schedule III) (Incorporating Amendments by Notification dt. 30-3-2016) (Including November 2016 Solved Paper)  by M.P. Vijay Kumar Description of Advanced Accounting Book for IPC by M.P. Vijay Kumar  Written in an easy-to-grasp style, this is a… Read More »

Exposure Draft of FAQ on Standards on Cost Auditing

By | February 8, 2017

The Ministry of Corporate Affairs in terms of provision to Section 148(3) of the Companies Act, 2013 approved the Cost Auditing Standards on 10th September 2015 for mandatory compliance by the cost auditors in the audit of the cost records maintained by the companies covered under the Companies (Cost Records and Audit) Rules: Cost Auditing… Read More »

Ind AS Book – Illustrated Guide to Indian Accounting Standards – 2017 Edition

By | January 28, 2017

  Illustrated Guide to Indian Accounting Standards (Ind AS ) (3rd Edition 2017) This Ind AS book is as after incorporating Amended by Companies (Indian Accounting Standards)(Amendment) Rules 2016 You can buy this Ind AS Book for Rs 1608. Here is the Link to Buy online. Paperback: 1240 pages Publisher: Taxmann Publications Pvt. Ltd.; 3rd… Read More »