
Distinguish net realizable value from fair value, noting NRV is entity-specific while fair value is market-driven. Identify contract fulfillment costs under Ind AS 115 when they are not inventories.
Explore the scope and exclusions of Ind AS 19, including which employee benefits are covered or excluded, and examine constructive obligations arising from past practices.
“Ind AS Made Simple — From Concepts to Compliance”
Are you a finance professional, student, or accounting enthusiast looking to strengthen your understanding of Indian Accounting Standards (Ind AS).
This course is designed for you!
62 Hours of Video
More than 300 Lectures
1000 Case study questions
Powerful PPT's to help you to undestand the topic
Mastering Ind AS offers a detailed, structured, and practical approach to understanding and applying Indian Accounting Standards in 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 will give you the tools and knowledge needed to excel.
You’ll learn the key principles, concepts, and applications of Ind AS with practical examples, real-world scenarios, and financial reporting insights specific to India.
By the end of this course, you will:
Understand the framework and objectives of Ind AS
Learn how to apply important standards like Ind AS 115, Ind AS 116, Ind AS 109, Ind AS 113, and more
Interpret and analyze financial statements prepared under Ind AS
Gain practical insights into reporting requirements, disclosures, and compliance under Indian regulations
Be equipped for corporate finance and professional opportunities in India and abroad
What You’ll Learn — Categorized Ind AS Standards
Presentation & Disclosure
Ind AS 1 – Presentation of Financial Statements- Structure, format, and components of financial statements.
Ind AS 7 – Statement of Cash Flows- Reporting of cash inflows and outflows.
Ind AS 8 – Accounting Policies, Changes in Estimates & Errors
Ind AS 10 – Events After the Reporting Period -Treatment of events occurring post balance sheet date.
Ind AS 24 – Related Party Disclosures- Disclosure requirements for related party transactions.
Ind AS 33 – Earnings Per Share- Computation and presentation of EPS.
Ind AS 34 – Interim Financial Reporting- Guidelines for quarterly and interim reports.
Ind AS 105 – Non-current Assets Held for Sale -Accounting for assets held for sale and discontinued operations.
Recognition, Measurement & Valuation
Ind AS 2 – Inventories -Valuation methods for inventory and stock.
Ind AS 16 – Property, Plant & Equipment- Recognition, depreciation, and disposal of tangible assets.
Ind AS 38 – Intangible Assets- Recognition, amortization, and impairment of intangibles.
Ind AS 40 – Investment Property- Accounting for properties held for rental or capital appreciation.
Ind AS 20 – Government Grants -Recognition and presentation of grants and subsidies.
Ind AS 36 – Impairment of Assets - Testing and accounting for asset impairments.
Ind AS 113 – Fair Value Measurement- Framework and hierarchy for fair valuation.
Revenue & Expenses
Ind AS 115 – Revenue from Contracts with Customers - 5-step model for recognizing revenue accurately.
Ind AS 19 – Employee Benefits- Treatment of employee-related costs and provisions.
Ind AS 12 – Income Taxes - Accounting for current and deferred tax liabilities.
Ind AS 21 – Effects of Changes in Foreign Exchange Rates - Handling currency transactions and conversions.
Financial Instruments & Leases
Ind AS 32 – Financial Instruments: Presentation - Classification of debt, equity, and hybrid instruments.
Ind AS 107 – Financial Instruments: Disclosures- Required disclosures for financial risk and instrument details.
Ind AS 109 – Financial Instruments- Recognition, measurement, and impairment of financial assets & liabilities.
Ind AS 116 – Leases
Lease accounting and recognition of right-of-use assets.
Consolidation & Group Accounting
Ind AS 110 – Consolidated Financial Statements- Preparation of consolidated group accounts.
Ind AS 111 – Joint Arrangements - Accounting for joint ventures and joint operations.
Ind AS 112 – Disclosure of Interests in Other Entities- Disclosures for subsidiaries, associates, and joint ventures.
Ind AS 27 – Separate Financial Statements - Preparation of standalone entity financial statements.
Ind AS 28 – Investments in Associates & Joint Ventures -Use of equity method in accounting for associates and joint ventures.
First-Time Adoption & Special Standards
Ind AS 101 – First-time Adoption of Ind AS - Guidelines for migrating from previous GAAP.
Ind AS 29 – Financial Reporting in Hyperinflationary Economies -Adjustments for hyperinflation in financial reports.
Ind AS 41 – Agriculture - Accounting for agricultural produce and activities.
Requirements:
Basic knowledge of accounting concepts
No prior knowledge of Ind AS required
A willingness to learn modern financial reporting standards
Why You Should Enroll in This Course
Comprehensive Coverage:
Get a clear, categorized, and practical understanding of all major Indian Accounting Standards.
Real-world Case Studies:
Learn how these standards apply to actual business scenarios through industry-based examples.
Simplified, Practical Approach:
Complex Ind AS concepts explained in an easy-to-grasp, structured format, with examples and summaries.
First-time Adoption Guidance:
Perfect for professionals or companies switching to Ind AS for the first time, with detailed guidance on Ind AS 101.
Stay Industry-Ready:
Whether you’re a CA, CS, CMA, MBA, finance executive, or commerce student — this course equips you with skills highly valued by top corporates.
Take the Next Step — Enroll Now!
If you’re serious about mastering Ind AS and becoming future-ready for India’s corporate financial reporting landscape, this course is your gateway.
Join now and transform your understanding of financial reporting, boost your professional value, and stay ahead in the ever-evolving business world.