Ind AS for CA Final 5th Edition 2020 Edition by Taxmann

Quick Guide To Indian Accounting Standards (Ind AS) – 4th Edition 2017 Book Taxmann

Quick Guide To Indian Accounting Standards (Ind AS) – 4th Edition 2017 Book Taxmann

Indian Accounting Standards (Ind AS) Ready Reckoner 2017 Book A.L.Saini

Indian Accounting Standards (Ind AS) Ready Reckoner 2017 Book A.L.Saini

ICAI issued Ind AS- An Overview -Revised 2016

ICAI issued Ind AS- An Overview -Revised 2016

IFRS 15 IASB Proposes modifications

IFRS 15 IASB Proposes modifications

Transitional Measures in IFRS

The transitional measures initially deal with four situations:

- An amount treated as a trading receipt under IFRS and which was also treated as a trading receipt in computing profits or gains under Indian GAAP, e.g. income originally taxed in 2007 which has been deferred until 2008, is regarded as a ‘deductible amount’. An example might include the deferral of income caused by the recognition of upfront fees or commissions by a financial institution over the life of a loan rather than in year one.

IAS -1 (Technical Summary)

IAS 1 Presentation of Financial Statements

Technical Summary

This extract has been prepared by IASC Foundation staff and has not been approved by the IASB. For the requirements reference must be made to International Financial Reporting Standards.

Objective:-

This Standard prescribes the basis for presentation of general purpose financial statements to ensure comparability both with the entity’s financial statements of previous periods and with the financial statements of other entities. It sets out overall requirements for the presentation of financial statements, guidelines for their structure and minimum requirements for their content.

A complete set of financial statements comprises: