A2 Indian Accounting Standards-2 Bangalore University B.Com 6th Semester NEP Notes

Unit 1 [Book]
Meaning and Definition of Holding CompanyVIEW
Meaning and Definition of Subsidiary CompanyVIEW
Steps in Preparation of Consolidated Financial Statements, Capital profit, Revenue profit as per Ind AS 103VIEW
Non-Controlling Interest and Goodwill or Bargain Purchase Calculations as per Ind AS 103VIEW
Problems on Consolidated Financial Statements (as per Ind AS 110)VIEW
Joint Arrangements (Ind AS 111) Scope, Assessment, Types of Joint ArrangementsVIEW
Investment in Associates and Joint Ventures (Ind AS 28) Scope, Significant, Influence, Equity MethodVIEW
Separate Financial Statements (Ind AS 27) Scope, Preparation and Presentation of Separate financial StatementVIEW

 

Unit 2 [Book]
Related party disclosures (Ind AS 24), Scope, Definitions, Understanding Relationship between Reporting entity and a Person/other entityVIEW
Related Party TransactionsVIEW
Disclosure of Related Party TransactionsVIEW
Earnings per Share (Ind AS 33), Scope, Definitions, Measurement, Basic earnings per share, Diluted earnings per share, Presentation, DisclosuresVIEW
Operating Segment (Ind AS 108) Scope, Definitions, Discontinued operations, DisclosuresVIEW

 

Unit 3 [Book]
Accounting Policies, Changes in Accounting Estimates and Errors (Ind AS 8) Scope, Definitions, Accounting Policies, Changes in Accounting Policies, Changes in Accounting Estimates, Errors Disclosures of Changes in Accounting policiesVIEW
Events after the Reporting Period (as per Ind AS 10) Scope, Definitions, Types of Events, Disclosure require as per Ind AS 10VIEW
Fair Value Measurement (Ind as 113) Scope, Definitions, Unit of Account, The Transaction, Market Participants, The Price, Fair Value at Initial Recognition, Valuation Techniques, DisclosuresVIEW

 

Unit 4 [Book]
Presentation of Financial Instruments (Ind AS 32) MeaningVIEW
Financial Assets, Financial LiabilitiesVIEW
Recognition and Measurement of financial Instruments (Ind AS 39) Initial and Subsequent Recognition and measurement of Financial Assets and Financial LiabilitiesVIEW
De-recognition of Financial Assets and Financial Liabilities Ind AS 32VIEW
Disclosures of Financial Instruments (Ind AS 107)VIEW

 

Unit 5 [Book]
Ind AS 12 Income Tax Introduction, Scope, Important definitions, Tax Expense, Current Tax, Deferred taxVIEW
Current Tax: Recognition, Measurement & Accounting of current tax effectsVIEW
Deferred Tax: Determine the Tax rate(Law), Measurement, Recognition and Accounting of deferred tax, Practical Application Deferred tax arising from a Business combination.VIEW

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