Mastering Ind AS: A Complete Guide for Finance Professionals

Master Indian Accounting Standards (Ind AS): From Fundamentals to Compliance

Unlock a comprehensive understanding of Indian Accounting Standards (Ind AS) with our in-depth course. Designed for finance professionals, accounting students, and anyone seeking to excel in financial reporting, this 62-hour video course offers over 300 lectures, 1000 case study questions, and powerful PPTs to solidify your knowledge.

Gain practical expertise in applying Ind AS for compliance with global financial reporting expectations. Whether you're preparing for professional exams, working in corporate finance, or handling financial reporting in listed companies, this course provides the essential tools and knowledge you need to succeed.

What You'll Learn:

Ind AS Standards Covered:

• Presentation & Disclosure:
  • Ind AS 1 – Presentation of Financial Statements: Understand the structure, format, and components of financial statements.
  • Ind AS 7 – Statement of Cash Flows: Master the reporting of cash inflows and outflows.
  • Ind AS 8 – Accounting Policies, Changes in Estimates & Errors: Learn how to manage accounting policies and address errors.
  • Ind AS 10 – Events After the Reporting Period: Understand the treatment of events occurring after the balance sheet date.
  • Ind AS 24 – Related Party Disclosures: Learn disclosure requirements for related party transactions.
  • Ind AS 33 – Earnings Per Share: Master the computation and presentation of Earnings Per Share (EPS).
  • Ind AS 34 – Interim Financial Reporting: Understand guidelines for quarterly and interim financial reports.
  • Ind AS 105 – Non-current Assets Held for Sale: Learn accounting for assets held for sale and discontinued operations.
• Recognition, Measurement & Valuation:
  • Ind AS 2 – Inventories: Master valuation methods for inventory and stock.
  • Ind AS 16 – Property, Plant & Equipment: Learn recognition, depreciation, and disposal of tangible assets.
  • Ind AS 38 – Intangible Assets: Understand recognition, amortization, and impairment of intangible assets.
  • Ind AS 40 – Investment Property: Learn accounting for properties held for rental or capital appreciation.
  • Ind AS 20 – Government Grants: Understand recognition and presentation of grants and subsidies.
  • Ind AS 36 – Impairment of Assets: Learn testing and accounting for asset impairments.
  • Ind AS 113 – Fair Value Measurement: Understand the framework and hierarchy for fair value valuation.
• Revenue & Expenses:
  • Ind AS 115 – Revenue from Contracts with Customers: Master the 5-step model for accurate revenue recognition.
  • Ind AS 19 – Employee Benefits: Understand the treatment of employee-related costs and provisions.
  • Ind AS 12 – Income Taxes: Learn accounting for current and deferred tax liabilities.
  • Ind AS 21 – Effects of Changes in Foreign Exchange Rates: Handle currency transactions and conversions.
• Financial Instruments & Leases:
  • Ind AS 32 – Financial Instruments: Presentation: Understand classification of debt, equity, and hybrid instruments.
  • Ind AS 107 – Financial Instruments: Disclosures: Learn required disclosures for financial risk and instrument details.
  • Ind AS 109 – Financial Instruments: Master recognition, measurement, and impairment of financial assets & liabilities.
  • Ind AS 116 – Leases: Understand lease accounting and recognition of right-of-use assets.
• Consolidation & Group Accounting:
  • Ind AS 110 – Consolidated Financial Statements: Learn preparation of consolidated group accounts.
  • Ind AS 111 – Joint Arrangements: Understand accounting for joint ventures and joint operations.
  • Ind AS 112 – Disclosure of Interests in Other Entities: Learn disclosures for subsidiaries, associates, and joint ventures.
  • Ind AS 27 – Separate Financial Statements: Understand preparation of standalone entity financial statements.
  • Ind AS 28 – Investments in Associates & Joint Ventures: Learn the use of the equity method in accounting for associates and joint ventures.
• First-Time Adoption & Special Standards:
  • Ind AS 101 – First-time Adoption of Ind AS: Get detailed guidance for migrating from previous GAAP.
  • Ind AS 29 – Financial Reporting in Hyperinflationary Economies: Understand adjustments for hyperinflation in financial reports.