Guide To Indian Accounting Standards (Ind AS) Professional Book By Taxmann in paperback mode. Indian Accounting Standards (Ind AS) contains the updated Indian Accounting Standards issued under the Companies (Indian Accounting Standard) Rules, 2021. It provides a complete understanding of the definitions, entities liable to apply Ind AS, and exemptions.
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Key Highlights
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This book is a guide to Indian Accounting Standards with ‘Basis for Conclusion’, ‘Illustrative Examples’, ‘Implementation Guidance’ and ‘ITFG Guidance’.
This book provides guidance for professionals who are engaged in the practice involving Indian Accounting Standards (Ind AS). This book is also useful for corporate teams involved in making financial statements as well as auditors.
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
Taxmann Publications has a dedicated in-house Research & Editorial Team. This team consists of a team of Chartered Accountants, Company Secretaries, and Lawyers. This team works under the guidance and supervision of Editor-In-Chief Mr. Rakesh Bhargava.
The Research and Editorial Team is responsible for developing reliable and accurate content for the readers. The team follows the six-sigma approach to achieve the benchmark of zero error in our publications and research platform. The team ensures that the following publication guidelines are thoroughly followed while developing the content:
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