Ind AS Practices Demystified

About Ind AS Practices Demystified

PART I

IND AS SUMMARIES

1. Ind AS 1: Presentation of Financial Statements

2. Ind AS 2: Inventories

3. Ind AS 7: Cash Flow Statements

4. Ind AS 8: Accounting Policies, Changes in Accounting Estimates and Errors

5. Ind AS 10: Events after the Reporting Period

6. Ind AS 12: Income Taxes

7. Ind AS 16: Property, Plant and Equipment

8. Ind AS 19: Employee Benefits

9. Ind AS 20: Accounting for Government Grants and Disclosure of Government Assistance

10. Ind AS 21: Effects of Changes in Foreign Exchange Rates

11. Ind AS 23: Borrowing Costs

12. Ind AS 24: Related Party Disclosures

13. Ind AS 27: Separate Financial Statements

14. Ind AS 28: Investments in Associates and Joint Ventures

15. Ind AS 29: Financial Reporting in Hyperinflationary Economies

16. Ind AS 32: Financial Instruments: Presentation

17. Ind AS 33: Earnings per Share

18. Ind AS 34: Interim Financial Reporting

19. Ind AS 36: Impairment of Assets

20. Ind AS 37: Provisions, Contingent Liabilities and Contingent Assets

21. Ind AS 38: Intangible Assets

22. Ind AS 40: Investment property

23. Ind AS 41: Agriculture

24. Ind AS 101: First-time Adoption of Indian Accounting Standards

25. Ind AS 102: Share-Based Payment

26. Ind AS 103: Business Combinations

27. Ind AS 104: Insurance Contracts

28. Ind AS 105: Non-current Assets Held for Sale and Discontinued Operations

29. Ind AS 106: Exploration for and Evaluation of Mineral Resources

30. Ind AS 107: Financial Instruments: Disclosures

31. Ind AS 108: Operating Segments

32. Ind AS 109: Financial Instruments

33. Ind AS 110: Consolidated Financial Statements

34. Ind AS 111: Joint Arrangements

35. Ind AS 112: Disclosure of Interest in Other Entities

36. Ind AS 113: Fair Value Measurement

37. Ind AS 114: Regulatory Deferral Accounts

38. Ind AS 115: Revenue from Contracts with Customers (Effective from financial year beginning from 1 April, 2018)

39. Ind AS 116: Leases (Effective from financial years beginning from 1 April, 2019)

PART II

PRACTICAL ISSUES IN
IMPLEMENTATION OF IND AS

Chapter 1 Adoption Issues

Chapter 2 Ind AS Application Issues Related to Assets

Chapter 3 Ind AS Application Issues Related to Liabilities

Chapter 4 Ind AS Application Issues Related to Income and Expense

Chapter 5 Financial Instruments

Chapter 6 Business Combinations and Consolidation

Chapter 7 Presentation Issues

Chapter 8 Disclosure Considerations

Chapter 9 Sector-Specific Ind AS

Chapter 10 MAT Computation for Ind AS Companies

Chapter 11 Key Differences between Accounting Standards and GST

Chapter 12 Key Ind AS Impact Areas for Non-Banking Financial Companies

Chapter 13 COVID-19 Pandemic: Financial Reporting Aspects

PART III

APPENDICES

Appendix 1 Case Study on Illustrative Ind AS Financial Statements

Appendix 2 Financial Reporting Implications of Schedule III Amendments