CA Final Padhuka Students Guide on Financial Reporting For New Syllabus By G Sekar , for May 2023 Exam

Description

Complete Coverage of the CA Final Syllabus. Content Update on Schedule III with more practical Questions. Summary of all Accounting Standards. Summary of Comparison with IFRS/US GAAP. Coverage of Guidance Notes issued by ICAI. Use of Diagram, Tables and Flowcharts for Concept Clarity. Solved IIIustrations to meet Professional Exams requirements. All Latest Exam and RTP Questions Covered. Effective Learning and Easy Revision. Complete coverage of Ind AS applicable for CA Final.

1. Complete Coverage of the CA Final Financial Reporting New Syllabus
2. Effective Coverage of all Ind AS principles along with Numerical and Concept Illustrations
3. Content Update on Schedule III with Practical Questions and Presentation Guidelines
4. Coverage of Guidance Notes on Accounting Matters, issued by the ICAI, as per Syllabus
5. Use of Diagrams, Tables and Flowcharts for higher clarity of concepts
6. Solved Illustrations as guidance to the Student on how to present answers in Professional Exams

Highlights of this Book

• Complete Coverage of the CA Final Syllabus.
• Content Update on Schedule III with more Practical Questions.
• Effective Coverage of all Ind AS Principles.
• Summary of Comparison with As and Ind AS.
• Coverage of Guidance Notes issued by ICAI.
• Use of Diagrams, Tables and Flow Charts for concept clarity.
• Solved Illustrations to meet Professional Exams requirements.
• All Latest Exam and RTP Questions Covered
• Effective Learning and Easy Revision. Guideline

The Authors wish to state certain key aspects to assist Students in their preparation

1. Accounting is an art, and confidence can be gained by practicing reasonable number of Illustrations in every area with full in involvement. Mere reading as to how a question is solved in The Textbook will not be sufficient.
2. Procedure I Principle for treating specific items, e.g. elimination of unrealised profits in Consolidation process, etc. should be remembered. In any question, the procedure I principle Remains the same, only numbers differ. Good Memory of Principles is starting point for better Control and grasp over the concepts
3. In areas like Amalgamation, Consolidation, etc. adjustments arc made to two tallied Balance Sheets. If Debit and Credit Principles are taken care of and considered properly, the final I Revised Balance Sheet can be easily drawn. There is no question of Balance Sheet not tallying, etc
4. Reasonable Assumptions (within the scope of the question) can be made in appropriate situations, And it is not necessary to re-solve the question under the alternative assumption in all cases