A contemporary book on Financial Accountingbases on International Financial Reporting Standards as well as IndianGAAP. The discussion of the book contains accounting and financialreporting issues as per IFRSs as India has propsoed to adopt thesame with effect from 1st April, 211 and Indian corporates are preparing inthat direction.Features
Understanding Accounting Cycle
Preparation of IFRSs based financial statements and IndianCompany Law based financial statements
Principles of revenue recognition
Currency Translation
Deferred Taxation
Recognition and measurement of Property, Pland and Equipment,Intangible Assets and Investment Property
Business Combinations
Group Accounts, Interests in Joint Ventures and Equity MethodAccounting
Impairment Analysis
Lease Accounting
Financial Statements Analysis
CaseStudies
AccountingFailures of Satyam and Exposed Public Accounting Oversight Mechanism
Crisisof Fair Value Accounting
Suspensionof Mark to Market Rule for Long Term Foreign Currency Loan
About The CD: CD contains Chapter-wise Solution to Selected Examples andAssignments as well as Illustrative Corporate Annual Reports