Indian Accounting Standards (Ind AS)

Indian Accounting Standards (Ind AS) contains the updated Indian Accounting Standards issued under the Companies (Indian Accounting Standard) Rules, 2021 and amended by the Companies (Indian Accounting Standards) Amendment Rules, 2023.

It provides a complete understanding of the definitions, entities liable to apply Ind AS, and exemptions.

The Present Publication is the 5th Edition, edited by Taxmann’s Editorial Board, updated till 1st September 2023, with the following coverage

Guide to Ind AS
Short Title and Commencement
Definitions
Applicability of Accounting Standards
Obligation to Comply with Indian Accounting Standards (Ind AS)
Exemptions
General Instructions
Indian Accounting Standards (Ind AS)
Indian Accounting Standard (Ind AS) 101: First-Time Adoption of Indian Accounting Standards
Indian Accounting Standard (Ind AS) 102: Share-Based Payment
Indian Accounting Standard (Ind AS) 103: Business Combinations
Indian Accounting Standard (Ind AS) 104: Insurance Contracts
Indian Accounting Standard (Ind AS) 105: Non-Current Assets Held for Sale and Discontinued Operations
Indian Accounting Standard (Ind AS) 106: Exploration for and Evaluation of Mineral Resources
Indian Accounting Standard (Ind AS) 107: Financial Instruments: Disclosures
Indian Accounting Standard (Ind AS) 108: Operating Segments
Indian Accounting Standard (Ind AS) 109: Financial Instruments
Indian Accounting Standard (Ind AS) 110: Consolidated Financial Statements
Indian Accounting Standard (Ind AS) 111: Joint Arrangements
Indian Accounting Standard (Ind AS) 112: Disclosure of Interests in Other Entities
Indian Accounting Standard (Ind AS) 113: Fair Value Measurement
Indian Accounting Standard (Ind AS) 114: Regulatory Deferral Accounts
Indian Accounting Standard (Ind AS) 115: Revenue from Contracts with Customers
Indian Accounting Standard (Ind AS) 116: Leases
Indian Accounting Standard (Ind AS) 1: Presentation of Financial Statements
Indian Accounting Standard (Ind AS) 2: Inventories
Indian Accounting Standard (Ind AS) 7: Statement of Cash Flows
Indian Accounting Standard (Ind AS) 8: Accounting Policies, Changes
in Accounting Estimates and Errors
Indian Accounting Standards (Ind AS) 10: Events after the Reporting Period
Indian Accounting Standards (Ind AS) 11: Construction Contracts
Indian Accounting Standards (Ind AS) 12: Income Taxes
Indian Accounting Standards (Ind AS) 16: Property, Plant and Equipment
Indian Accounting Standards (Ind AS) 17: Leases
Indian Accounting Standards (Ind AS) 18: Revenue
Indian Accounting Standards (Ind AS) 19: Employee Benefits
Indian Accounting Standards (Ind AS) 20: Accounting for Government Grants and Disclosure of Government Assistance
Indian Accounting Standards (Ind AS) 21: The Effect of Changes in Foreign Exchanges Rates
Indian Accounting Standards (Ind AS) 23: Borrowing Costs
Indian Accounting Standards (Ind AS) 24: Related Party Disclosures
Indian Accounting Standards (Ind AS) 27: Separate Financial Statements
Indian Accounting Standards (Ind AS) 28: Investments in Associates and Joint Ventures
Indian Accounting Standards (Ind AS) 29: Financial Reporting in Hyperinflationary Economies
Indian Accounting Standards (Ind AS) 32: Financial Instruments: Presentation
Indian Accounting Standards (Ind AS) 33: Earnings Per Share
Indian Accounting Standards (Ind AS) 34: Interim Financial Reporting
Indian Accounting Standards (Ind AS) 36: Impairment of Assets
Indian Accounting Standards (Ind AS) 37: Provisions, Contingent Liabilities and Contingent Assets
Indian Accounting Standards (Ind AS) 38: Intangible Assets
Indian Accounting Standards (Ind AS) 40: Investment Property
Indian Accounting Standards (Ind AS) 41: Agriculture