• Full coverage of the ICAI syllabus with all applicable Accounting Standards • Clear and effective explanation of all concepts • Model formats to enhance conceptual clarity and presentation • Question-and-answer format for exam-oriented preparation • Around 1350+ MCQs provided chapter-wise • Coverage of all past ICAI examination questions • Step-by-step solutions for practical problems with formats, tables, and charts • Complete working notes for all computations and steps • Topic-wise MCQs with answers • A comprehensive collection of professional-level exam questions
Content of the book as follows :-
PART A- ACCOUNTING STANDARDS
Formulation & Applicability of Accounting Standards
Accounting Basics – Conceptual Framework
AS-1-Disclosure of Accounting Policies
AS_2-Valuation of Inventories
AS-3-Cash Flow Statements
AS -4 Events occurring after the Balance Sheet Date
AS-5 Net Profit or Loss for the period, prior period items changes in Accounting Policies
AS-7 Construction Contracts
AS -9 Revenue Recognition
AS – 10 Property, Plant and Equipments
AS-11 The Effect of Changes in Foreign Exchange Rate
AS-12 Accounting for Government Grants
AS-13 Accounting for Investments
AS-15 Employee Benefits
AS-16 Borrowing Costs
AS_17 Segment Reporting
AS_ 18 Related Party Disclosures
AS -19 Leases
AS-20 Earnings Per Share
AS-22 Accounting for Taxes on Income
AS -24 Discounting Operations
AS-25 Interim Financial Reporting
AS -26 Intangible Assets
AS -28 Impairment of Assets
AS-29 Provisions, Contingent Liabilities and Contingent Assets
PART B – NON CORPORATE ACCOUNTING
Accounting for Branches (including Foreign Branches)
PART C – CORPORATE ACCOUNTING
Buyback of Shares
Final Accounts of the Companies (including Schedule III)
Internal Reconstruction
Accounting for Amalgamations (including AS 14-Accounting for Amalgamations)
Consolidation of Subsidiaries (including AS 21 Consolidated Financial Statements)
Consolidation of Associates
Consolidation of Joint Ventures
About the Author
CA G.Sekar is a Chartered Accountant in practice for the last 30 years. Founder and Faculty for Direct Taxation in Shree Guru Kripa s Institute of Management, an Institution providing education for all level and all subjects of the Chartered Accountancy Course and has trained many finance professionals.