Taxmann’s Indian Accounting Standards (Ind AS) – As Amended by Companies (Indian Accounting Standards) Amendment Rules 2021 – 4th Edition July 2021

Indian Accounting Standards (Ind AS) contains the updated Indian Accounting Standards issued under the Companies (Indian Accounting Standard) Rules, 2021.

It provides a complete understanding of the definitions, entities liable to apply Ind AS, and exemptions.

The Present Publication is the 4th Edition, authored by Taxmann’s Editorial Board, updated till 30^th June 2021, with the following noteworthy features:

• [Text of Indian Accounting Standard (Ind AS)] notified under Companies (Indian Accounting Standard) Rules, 2021;
• [Guide for Definitions] in Indian Accounting Standards
• [Guide on Applicability] of Indian Accounting Standards
• [Guide on Obligations to Comply with] in Indian Accounting Standards
• [Guide on Exemptions/Relaxations] in Indian Accounting Standards

The contents of the book are as follows:

• Arrangement of Rules
  • Short Title and Commencement
  • Definitions
  • Applicability of Accounting Standards
  • Obligation to Comply with Indian Accounting Standards (Ind AS)
  • Exemptions
• General Instructions
• Indian Accounting Standards (Ind AS)
  • Indian Accounting Standard (Ind AS) 101: First-Time adoption of Indian Accounting Standards
  • Indian Accounting Standard (Ind AS) 102: Share-Based Payment
  • Indian Accounting Standard (Ind AS) 103: Business Combinations
  • Indian Accounting Standard (Ind AS) 104: Insurance Contracts
  • Indian Accounting Standard (Ind AS) 105: Non-Current Assets Held for Sale and Discontinued Operations
  • Indian Accounting Standard (Ind AS) 106: Exploration for and Evaluation of Mineral Resources
  • Indian Accounting Standard (Ind AS) 107: Financial Instruments: Disclosures
  • Indian Accounting Standard (Ind AS) 108: Operating Segments
  • Indian Accounting Standard (Ind AS) 109: Financial Instruments
  • Indian Accounting Standard (Ind AS) 110: Consolidated Financial Statements
  • Indian Accounting Standard (Ind AS) 111: Joint Arrangements
  • Indian Accounting Standard (Ind AS) 112: Disclosure of Interests in Other Entities
  • Indian Accounting Standard (Ind AS) 113: Fair Value Measurement
  • Indian Accounting Standard (Ind AS) 114: Regulatory Deferral Accounts
  • Indian Accounting Standard (Ind AS) 115: Revenue from Contracts with Customers
  • Indian Accounting Standard (Ind AS) 116: Leases
  • Indian Accounting Standard (Ind AS) 1: Presentation of Financial Statements
  • Indian Accounting Standard (Ind AS) 2: Inventories
  • Indian Accounting Standard (Ind AS) 7: Statement of Cash Flows
  • Indian Accounting Standard (Ind AS) 8: Accounting Policies, Changes
    in Accounting Estimates and Errors
  • Indian Accounting Standards (Ind AS) 10: Events after the Reporting Period
  • Indian Accounting Standards (Ind AS) 11: Construction Contracts
  • Indian Accounting Standards (Ind AS) 12: Income Taxes
  • Indian Accounting Standards (Ind AS) 16: Property, Plant and Equipment
  • Indian Accounting Standards (Ind AS) 17: Leases
  • Indian Accounting Standards (Ind AS) 18: Revenue
  • Indian Accounting Standards (Ind AS) 19: Employee Benefits
  • Indian Accounting Standards (Ind AS) 20: Accounting for Government Grants and Disclosure of Government Assistance
  • Indian Accounting Standards (Ind AS) 21: The Effect of Changes in Foreign Exchanges Rates
  • Indian Accounting Standards (Ind AS) 23: Borrowing Costs
  • Indian Accounting Standards (Ind AS) 24: Related Party Disclosures
  • Indian Accounting Standards (Ind AS) 27: Separate Financial Statements
  • Indian Accounting Standards (Ind AS) 28: Investments in Associates and Joint Ventures
  • Indian Accounting Standards (Ind AS) 29: Financial Reporting in Hyperinflationary Economies
  • Indian Accounting Standards (Ind AS) 32: Financial Instruments: Presentation
  • Indian Accounting Standards (Ind AS) 33: Earnings Per Share
  • Indian Accounting Standards (Ind AS) 34: Interim Financial Reporting
  • Indian Accounting Standards (Ind AS) 36: Impairment of Assets
  • Indian Accounting Standards (Ind AS) 37: Provisions, Contingent Liabilities and Contingent Assets
  • Indian Accounting Standards (Ind AS) 38: Intangible Assets
  • Indian Accounting Standards (Ind AS) 40: Investment Property
  • Indian Accounting Standards (Ind AS) 41: Agriculture

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