Ind AS Practices Demystified

PART I
IND AS SUMMARIES

1. Ind AS 1: Presentation of Financial Statements
2. Ind AS 2: Inventories
3. Ind AS 7: Cash Flow Statements
4. Ind AS 8: Accounting Policies, Changes in Accounting Estimates and Errors
5. Ind AS 10: Events after the Reporting Period
6. Ind AS 12: Income Taxes
7. Ind AS 16: Property, Plant and Equipment
8. Ind AS 19: Employee Benefits
9. Ind AS 20: Accounting for Government Grants and Disclos0ure of Government Assistance
10. Ind AS 21: Effects of Changes in Foreign Exchange Rates
11. Ind AS 23: Borrowing Costs
12. Ind AS 24: Related Party Disclosures
13. Ind AS 27: Separate Financial Statements
14. Ind AS 28: Investments in Associates and Joint Ventures
15. Ind AS 29: Financial Reporting in Hyperinflationary Economies
16. Ind AS 32: Financial Instruments: Presentation
17. Ind AS 33: Earnings per Share
18. Ind AS 34: Interim Financial Reporting
19. Ind AS 36: Impairment of Assets
20. Ind AS 37: Provisions, Contingent Liabilities and Contingent Assets
21. Ind AS 38: Intangible Assets
22. Ind AS 40: Investment property
23. Ind AS 41: Agriculture
24. Ind AS 101: First-time Adoption of Indian Accounting Standards
25. Ind AS 102: Share-Based Payment
26. Ind AS 103: Business Combinations
27. Ind AS 104: Insurance Contracts
28. Ind AS 105: Non-current Assets Held for Sale and Discontinued Operations
29. Ind AS 106: Exploration for and Evaluation of Mineral Resources
30. Ind AS 107: Financial Instruments: Disclosures
31. Ind AS 108: Operating Segments
32. Ind AS 109: Financial Instruments
33. Ind AS 110: Consolidated Financial Statements
34. Ind AS 111: Joint Arrangements
35. Ind AS 112: Disclosure of Interest in Other Entities
36. Ind AS 113: Fair Value Measurement
37. Ind AS 114: Regulatory Deferral Accounts
38. Ind AS 115: Revenue from Contracts with Customers (Effective from financial year beginning from 1 April, 2018)
39. Ind AS 116: Leases (Effective from financial years beginning from 1 April, 2019)

PART II
PRACTICAL ISSUES IN IMPLEMENTATION OF IND AS

Chapter 1 - Adoption Issues
Chapter 2 - Ind AS Application Issues Related to Assets
Chapter 3 - Ind AS Application Issues Related to Liabilities
Chapter 4 - Ind AS Application Issues Related to Income and Expense
Chapter 5 - Financial Instruments
Chapter 6 - Business Combinations and Consolidation
Chapter 7 - Presentation Issues
Chapter 8 - Disclosure Considerations
Chapter 9 - Sector-Specific Ind AS
Chapter 10 - MAT Computation for Ind AS Companies
Chapter 11 - Key Differences between Accounting Standards and GST
Chapter 12 - Key Ind AS Impact Areas for Non-Banking Financial Companies
Chapter 13 - COVID-19 Pandemic: Financial Reporting Aspects

PART III
APPENDICES

Appendix 1 - Case Study on Illustrative Ind AS Financial Statements
Appendix 2 - Financial Reporting Implications of Schedule III Amendments