A1 Indian Accounting Standards-I Bangalore University B.Com 5th Semester NEP Notes
by | Unit 1 [Book] | |
| Introduction, Meaning and Definition of Accounting Standards | VIEW |
| Objectives of Accounting Standards | VIEW |
| Benefits and Limitations of Accounting Standards | VIEW |
| Process of Formulation of Accounting Standards in India | VIEW |
| List of Indian Accounting Standards (Ind AS) | VIEW |
| Need for Convergence Towards Global Standards | VIEW |
| International Financial Reporting Standards of IFRS | VIEW |
| Features and Merits and Demerits of IFRS | VIEW |
| Benefits of Convergence with IFRS | VIEW |
| Applicability of Ind AS in India | VIEW |
| Unit 2 [Book] | |
| Property, Plant and Equipment (Ind AS-16) | VIEW |
| Intangible assets (Ind AS-38) | VIEW |
| Impairment of assets (Ind AS-36) | VIEW |
| Inventories (Ind AS 2) | VIEW |
| Borrowing costs (Ind AS- 23) | VIEW |
| Investment Property (Ind AS-40) objectives, Scope, definitions Recognition, Measurement and disclosures of the above-mentioned Standards | VIEW |
| Unit 3 [Book] | |
| Provisions, Contingent liabilities & Contingent Assets (Ind AS 37) Scope, provision, Liability, Obligating event, Legal obligation, constructive obligation, Contingent liability, Contingent Assets | VIEW |
| Relationship between Provisions and Contingent liability | VIEW |
| Disclosure of Information in the Financial Statements | VIEW |
| Employee Benefits (Ind AS 19), Scope, Employee Benefits, Post-employment benefits, Other long term employee benefits, Termination benefits | VIEW |
| Short-term employee benefits u/s Ind AS 19 | VIEW |
| Unit 4 [Book] | |
| Revenue from Contracts with Customers (Ind AS 115), Scope | VIEW |
| Definitions: Contract, Customer, Income, Revenue, Contract Asset | VIEW |
| Contract Liability | VIEW |
| Performance obligation, Transaction Price | VIEW |
| Overview of Five Step Model, Problems | VIEW |
| Unit 5 [Book] | |
| Framework for preparation of Financial Statements | VIEW |
| Objectives of Financial Statements | VIEW |
| Qualitative Characteristics of Financial Statements | VIEW |
| Users of Financial Statement | VIEW |
| Pillars of Financial Statements | VIEW |
| Presentation of Financial Statement as per Ind AS 1 | VIEW |
| Statement of Profit and Loss, Balance Sheet | VIEW |
| Problems on preparation of Statement of Profit and Loss | VIEW |
| Balance sheet & Other Comprehensive Income Statement as per Ind-As1 | VIEW |