Ind AS Implementation: Learnings from first time experiences

This book is an illustrative handbook extracted from the published Ind AS results of more than 300 companies. The book summarizes the recognition norms as per Ind AS and illustrates the reconciliation made by entities. Further, the sample Ind AS Accounting policies and significant disclosures provided in the book would be very useful for the finance professionals.

Key features
- Summary of all 40 applicable Ind AS Standards
- Financial statements of over 300 companies covered under Phase-I included in the CD;
- Summary of Significant Disclosures required under Ind AS
- Includes Ind AS Transition Group Clarifications issued by the ICAI under the relevant
Standards
- In-depth discussion on first time experiences with Ind-AS;
- Highlights differences between present GAAP and Ind AS reporting in the first set of
financial statements;
- Includes format issued by IRDA for insurance companies.
- Tabulates Classification of Financial Instruments as per Ind AS 109 done by more
100 companies

- Tabulates Expected Credit Losses ( ECL) and PPE made by companies
- Contains Draft Accounting Policies under Ind AS

Author Biography

Mohan R Lavi is a Chartered Accountant based out of Bangalore with more than 25 years of post-qualification experience in practice as well as industry.
He now runs his own consulting firm in Bangalore which specializes in financial reporting under Ind AS/IFRS/US GAAP and Indirect taxes.