Category Archives: Accounts

Latest amendments, updates and notes related to Indian Accounting Standards ( Ind AS) applicable in India, IFRS, Guidance Note, Consolidated Financial Statements.

Applicability of Ind AS (Indian Accounting Standards)

Ind AS Applicability

Mandatory compliance of Indian Accounting Standards (Ind AS) by listed/unlisted companies and NBFCs including its holding, subsidiaries, joint ventures and associates.

Preparation of Gross/Net Value Added Statement for Companies

Value Added Statement

Basic concept of Value Added Statement (VAS) and detailed procedure, format and treatments of various items for preparation of VA statement of a company.

Notes on Ind AS-32 Financial Instruments: Presentation

Financial Instruments Presentation

Objective, Scope and Definitions of various terms like Financial Assets/ Liabilities, Equity Instruments, and Puttable Instrument etc. as per Ind AS-32.

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