Accounting Standards - Simplified

Key Features:

• Simple and Lucid presentation of AS
• 350 Plus Solved Problems
• 25 Past Year Papers covered with solution
• Solved Question Papers of FR/Audit (May 2013 to Nov. 2014)
• AS-30 thoroughly revised
• Updated References of Schedule III
• ‘Do you know’ boxes to update the knowledge
• Foreword iv
• Editorial Board v
• Preface and Acknowledgements vi
• Accounting Standards Snap shots – Summary for Quick Recap xi
• Solved Question Paper – CA Final-November 2014 xxxix
• Chapter 1. Accounting Standard Introduction and Framework 1
• Chapter 2. AS-1: Disclosure of Accounting Policies 8
• Chapter 3. AS-2 (Revised): Valuation of Inventories 11
• Chapter 4. AS-3 (Revised): Cash Flow Statement 24
• Chapter 5. AS-4: Events Occuring After the Balance Sheet 34
• Chapter 6. AS-5 (Revised): Net Profi ts or Loss for the Period, Prior Period Items and
• Changes in Accounting Policies 40
• Chapter 7. AS-6: Depreciation Accounting 48
• Chapter 8. AS-7 (Revised): Construction Contracts 54
• Chapter 9. AS-9: Revenue Recognition 70
• Chapter 10. AS-10: Accounting for Fixed Assets 82
• Chapter 11. AS-11 (Revised): The Eff ect of Changes in Foreign Exchange Rates 93
• Chapter 12. AS-12: Government Grants 104
• Chapter 13. AS-13: Investment Accounts 110
• Chapter 14. AS-14: Amalgamation and Absorption 121
• Chapter 15. AS-15 (Revised): Employees Benefi ts 125
• Chapter 16. AS-16: Borrowing Costs 141
• Chapter 17. AS-17: Segmental Reporting 155
• Chapter 18. AS-18: Related Party Disclosures 171
• Chapter 19. AS-19: Leases 178
• Chapter 20. AS-20: Earning per Share 199
• Chapter 21. AS-22: Taxes on Income 215