Handbook on Indian Accounting Standards (Ind AS) – Converged Global Accounting Standards By Rajkumar S Adukia

Handbook on Indian Accounting Standards (Ind AS) – Converged Global Accounting Standards

Key features:-

• Supports transition to Ind AS as per prescribed roadmap for corporates
• Incorporates transition guidance for banks/NBFCs and insurance companies as per the recent announcement by MCA
• Provides comparative analysis of Ind AS and IFRS (Major Carve Outs)
• Accentuates comparative analysis of Schedule III to the Companies Act, 2013 and Ind AS
• Provides key disclosure checklist for effective compliance
• Provides a comparative analysis of existing AS and Ind AS
• Explains the global principles of accounting that are framed in converged Ind AS so that they are effectively understood and applied to the evolving business scenario of current times
• Discusses the recognition principles and measurement principles under various Ind AS in a single chapter to give a snapshot understanding of how and when various elements of financial statements are recognised and measured
• Covers the latest announcements and formats prescribed by the MCA, RBI, SEBI and IRDA in appendices

The book will be an indispensable reference for accounting professionals, auditors, users and readers of financial statements, directors of companies, students, etc.