BACK TO COURSE
Chapter 1 Introduction
Introduction to Ind AS 1
Scope of Ind AS 1
Chapter 2 General Purpose Financial Statements
What are General Purpose Financial Statements?
What are complete set of Financial Statements?
Presentation of True and Fair View and its compliance with Ind AS
Whether departure from requirements of Ind AS is permissible / possible?
Case 1 Deviation from Ind AS
Chapter 3 Going Concern
Going Concern Assumption
Going Concern Case Study
Chapter 4 Others
Accrual Basis of Accounting
Materiality and Aggregation
Offsetting with Case Study
Frequency of Reporting
Comparitive Information in Financial Statements
Change in Accounting Policies, retrospective restatement or reclassification
Consistency of Presentation of Financial Statements
Structure and Content of Financial Statements as per Ind AS 1
Balance Sheet minimum requirements as per Ind AS 1
Distinction between Current and Non Current Items
What are Current Assets (as per Ind AS 1) ?
Current Asset Examples
What is Operating Cycle (as per Ind AS 1)?
What are Current Liabilities? (as per Ind AS 1)
Classification of liability in case of refinance / rollover
Case Study on Classification of liability in case of refinance / rollover
Classification of Liability in case of breach of provision of long term contract
Case study on Classification of liability in case of breach of provision of long
Chapter 5 Case Studies
Case Study 1 on Current Asset Classification as per Ind AS 1
Case Study 2 on Current Asset Classification as per Ind AS 1
Case Study 3 on Current Asset Classification as per Ind AS 1
Chapter 6 Case Studies - Current Asset / Liability Classifications
Electiricty Deposit - Current Asset or Non Current Asset?
Tender Deposit / EMD - Current or Non Current?
GST Deposit in dispute - Current or Non Current?
Income received in advance - Current or Non Current?
Chapter 7 - Presentation of Information in Financial statements
Information required io be presented in Balance Sheet
Information required io be presented in Statement of Profit and Loss
Preview - Online Course on Ind AS 1 Presentation of Financial Statements