Accounting Standards Made Easy For CA Final (Old Syllabus For May / Nov. 2018)

Accounting Standards are the base for the preparation and presentation of Financial Statements. Conceptual understanding on the Accounting Standards is very important to apply the same during practical training and in practice as well. I observed student’s difficulties in understanding the Accounting Standards (AS) and they need appropriate guidance. There are two reasons for such difficulties – 1. The language used in the AS is not simple & 2. Lack of good examples. I remember those days keeping more than one book (including dictionary) to understand the subject. That struggle motivated me to share knowledge through writing a book on Accounting Standards in simple language and with the best practical examples. I tried my level best to remove those difficulties. I hope you will agree to it after reading the book.

1. Recent amendments on Accounting Standards are included

2. Student friendly

3. Conceptual understanding of the standards with more than 800 detailed examples

4. Very simple language to understand

5. It covers all previous year questions and answers

6. Summary of the Standard is presented in diagrams at the end of every standard

7. Major differences between AS & Ind AS and Ind AS v IFRS are well explained in simple language wherever possible with examples