Commercial CA Final Old Syllabus Accounting Standards Made Easy By Ravi Kant Miriyala, Applicable For November 2019 Exam

CA Final Accounting Standards Made Easy CA Final Ravi kanth miriyala

Discretion

Accounting Standards are the base for the preparation and presentation of Financial Statements. Conceptual understanding on the Accounting Standards is very important to apply the same during practical training and in practice as well. I observed students difficulties in understanding the Accounting Standards (AS) and they need appropriate guidance. There are two reasons for such difficulties 1. The language used in the AS is not simple & 2. Lack of good examples. I remember those days keeping more than one book (including dictionary) to understand the subject. That struggle motivated me to share knowledge through writing a book on Accounting Standards in simple language and with the best practical examples. I tried at my level best to remove those difficulties. I hope you will agree to it after reading the book

My book has the following unique features to help students

• Recent amendments on Accounting Standards are included;
• Student friendly;
• Conceptual understanding of the standards with more than 800 detailed examples;
• Very simple language to understand;
• It covers all previous years questions and answers;
• Summary of the Standard is presented in diagrams at the end of every standard;
• Major differences between AS & Ind AS and Ind AS v IFRS are well explained in simple language wherever possible with examples;
• For better understanding of Ind AS differences, few concept capsules are added in this
  edition.

Contents

1. AS 1 Disclosure of accounting policies Ind AS 1 Presentation of Financial statements
2. AS 2 Inventory Valuation Ind AS 2 Valuation of Inventories
3. AS 3 Cash flow statement Ind AS 7 Cash flow statement
4. AS 4 Contingencies and events occurring after the balance sheet date Ind AS 10 Events occurring after the balance sheet date
5. AS 5 Net profit or loss for the period, prior period items and changes in accounting policies Ind AS 8 Accounting policies & changes in accounting estimates and Errors
6. AS 7 Construction Contracts Ind AS 11 Construction Contracts
7. AS 9 Revenue Recognition Ind AS 18 Revenue
8. AS 10 Property Plant and Equipment (PPE) Ind AS 16 Property Plant and Equipment
9. AS 11  The effects of changes in Foreign Exchange Rates Ind AS 21 The Effects of Changes in Foreign Exchange Rates
10. AS 12  Accounting for Government Grants Ind AS 20 Accounting for Government Grants and Disclosure of Government Assistance
11. AS 13  Accounting for investments Ind AS 109, 107 & 32 Financial instruments
12. AS 14 Accounting for amalgamation Ind AS 103 Business combinations
13. AS 15 Employee benefits Ind AS 19 Employee benefits
14. AS 16 Borrowing costs Ind AS 23 Borrowing costs
15. AS 17 Segment reporting Ind AS 108 Operating Segments
16. AS 18 Related party disclosures Ind AS 24 Related Party Disclosures
17. AS 19 Leases Ind AS 17 Leases
18. AS 20 Earnings per share Ind AS 33 Earnings per Share
19. AS 21 Consolidated Financial Statements Ind AS 110 Consolidated Financial Statements
20. AS 22 Accounting for Taxes on Income Ind AS 12 Income Taxes
21. AS 23 Accounting for Investments in Associates in Consolidated Financial Statements Ind AS 28 Investments in Associates and Joint Ventures
22. AS 24 Discontinuing Operation Ind AS 105 Non-current Assets Held for Sale and Discontinued Operations
23. AS 25 Interim Financial Reporting Ind AS 34 Interim Financial Reporting
24. AS 26 Intangible assets Ind AS 38: Intangible assets
25. AS 27 Financial Reporting of Interests in Joint Ventures Ind AS 28 Investments in Associates and Joint Ventures & Ind AS 111 Joint arrangements
26. AS 28 Impairment of Assets Ind AS 36 Impairment of Assets
27. AS 29 Provisions, contingent liabilities and contingent assets Ind AS 37 Provisions, contingent liabilities and contingent assets
28. Ind AS 109, 107 & 32 Financial instruments
29. Carve outs of Ind AS Vs. IFRS

About the Author

Ravi Kanth Miriyala is a practicing Chartered Accountant, teaching/guiding the CA students (IPCC/Final) since 8 years. He worked with Deloitte and Price Water house and developed immense skills in the practical application of various accounting standards. He has more than 10 years of practice l experience in the field of Accounts and Audit of various listed and other companies. He is currently teaching to various levels of Professionals and has addressed a number of courses and corporate training on Accounting Standards & IFRS organized by Professional Institutes. He has trained more than 10,000 Chartered Accountancy aspirants on Accounts & Audit.