Based on IFRS Official Pronouncements | As Amended by Companies (Indian Accounting Standards) Amendment Rules 2020 (w.e.f. 24-07-2020)

5th Edition 2020

Description

This book is a guide to Indian Accounting Standards with ‘Basis for Conclusion’, ‘Illustrative Examples’, ‘Implementation Guidance’ and ‘ITFG Guidance’.

 

\

The Present Publication, is the 5th Edition, as amended by Companies (Indian Accounting Standards) Amendment Rules 2020 (w.e.f. 24-07-2020)

 

The commentaries in the book provide comprehensive guidance on the following:

·    What deliberations were made while forming the standards

·    Comprehension of various provisions mentioned across Ind AS

·    Guidance on how to implement the standards under various practical scenarios.

 

The coverage of the book is as follows:

·    Illustrative examples for better comprehension

·    Implementation Guidance indicating step-by-step on how complex provisions shall be implemented

·    Basis for conclusion explaining what deliberations were made while framing the standards

·    Opinions on implementation of Ind AS