Tag: Ind AS
by IND AS – 1 Bangalore North University BCOM SEP 2024-25 5th Semester Notes
| Unit 1 | |
| Accounting Standards: Introduction | VIEW |
| Meaning, Definition, Objectives, Process of Formulation of Accounting Standards in India, List of Indian Accounting Standards (IND AS) | VIEW |
| International Financial Reporting Standards: Introduction and Features | VIEW |
| Benefits of Convergence with IFRS | VIEW |
| Applicability of IND AS in India | VIEW |
| Challenges in implementation of IND AS | VIEW |
| Unit 2 | |
| Framework for Preparation of Financial Statements | VIEW |
| Presentation of Financial Statement as Per IND AS 1: | VIEW |
| Statement of Profit and Loss (SoPL) | VIEW |
| Balance Sheet (SoFP) | VIEW |
| Statement of Changes in Equity (SoCE) | VIEW |
| Statement of Cash Flow and Notes to Accounts | VIEW |
| Problems on Preparation of Statement of Profit and Loss as per Division II of Schedule III of Companies Act, 2013 | VIEW |
| Problems on Preparation of Statement Balance Sheet as per Division II of Schedule III of Companies Act, 2013 | VIEW |
| Unit 3 | |
| Indian Accounting Standards (IND AS 101) | VIEW |
| First Time Adoption of Indian Accounting Standards (IND AS 101) | VIEW |
| Interim Financial Reporting (IND AS 34) | VIEW |
| Inventories (IND AS 2), Problems | VIEW |
| Unit 4 | |
| Property, Plant and Equipment (IND AS 16) | VIEW |
| Intangible assets (IND AS 38) | VIEW |
| Impairment of assets (IND AS 36) | VIEW |
| Borrowing Costs (IND AS 23) | VIEW |
| Investment Property (IND AS 40) | VIEW |
| Unit 5 | |
| Segment Reporting (IND AS 108) | VIEW |
| Related Party Disclosure (IND AS 24) | VIEW |
| Events after the Balance Sheet Date (IND AS10) | VIEW |
Indian Accounting Standard (Ind AS-I) BU B.Com SEP 5th Sem 2024-25 Notes
| Unit 1 [Book] | |
| Introduction of Ind AS in India | VIEW |
| Emergence of Global Accounting Standards | VIEW |
| Need for Global Accounting standards in India | VIEW |
| Benefits of Global Accounting Standards | VIEW |
| Convergence vs Adoption of IFRS | VIEW |
| Process of Development and Finalization of Indian Accounting Standards | VIEW |
| Transition from AS to Ind AS | VIEW |
| Roadmap for Applicability of Ind AS | VIEW |
| Unit 2 [Book] | |
| Inventories (Ind AS 2) | VIEW |
| Property, Plant and Equipment (Ind AS 16) | VIEW |
| Borrowing Costs (Ind AS- 23) and Disclosures | VIEW |
| Impairment of Assets (Ind AS-36) | VIEW |
| Intangible Assets (Ind AS-38) | VIEW |
| Investment Property (Ind AS-40), Objectives, Scope, Definitions, Recognition, Measurement | VIEW |
| Unit 3 [Book] | |
| Employee Benefits (Ind AS 19), Scope, Employee Benefits, Short-term Employee Benefits, Post – Employment Benefits, Other Long Term Employee Benefits, Termination Benefits | VIEW |
| Provisions, Contingent Liabilities & Contingent Assets (Ind AS 37) Scope, Provision, Liability, Obligating Event | VIEW |
| Relationship Between Provisions and Contingent Liability, Disclosure of Information in the Financial Statements | VIEW |
| Unit 4 [Book] | |
| Ind-As 12 Income Tax, Introduction, Scope, Tax Expense, Current Tax, Deferred tax | VIEW |
| Current Tax, Recognition, Measurement & Accounting of Current Tax Effects | VIEW |
| Deferred Tax, Determine the tax rate (law), Measurement, Recognition
and Accounting of deferred tax, Practical Application-Deferred tax Arising from Business Combination |
VIEW |
| Ind-AS 21, The Effects of changes in Foreign Exchange Rates, Objective, Scope, Functional Currency, Accounting for Foreign Currency Transactions | VIEW |
| Use of a Presentation Currency Other than the Functional Currency | VIEW |
| Translation to the Presentation Currency | VIEW |
| Difference in the Reporting Dates, Intra Group Transactions, Simple Illustrations under Ind-AS 21 | VIEW |
| Unit 5 [Book] | |
| Financial Statements, Objectives, Qualitative Characteristics, Frame Work for Preparation, Users, Pillars | VIEW |
| Presentation of Financial Statement as Per Ind AS 1 | VIEW |
| Statement of Profit and Loss under Ind AS 1 | VIEW |
| Problems on Preparation of Statement of Profit and Loss & other Comprehensive Income Statement as per Ind-As 1 | VIEW |
| Balance Sheet, Problems on Preparation of Statement of Balance sheet & other Comprehensive Income Statement as per Ind-As 1 | VIEW |