Financial Accounting under Ind AS

What the course covers

8 modules, 32 topics. Open any one to see what sits inside it.

1. 01 Why Standards Exist 4 topics
   1. 1.1 Who uses financial statements, and what for
   2. 1.2 The conceptual framework behind {STANDARD}
   3. 1.3 Relevance and faithful representation
   4. 1.4 Who sets {STANDARD}, and who enforces it
2. 02 The Statements 4 topics
   1. 2.1 The statement of financial position
   2. 2.2 Profit or loss, and other comprehensive income
   3. 2.3 Changes in equity
   4. 2.4 The cash flow statement
3. 03 Revenue 4 topics
   1. 3.1 When revenue is recognised
   2. 3.2 Performance obligations and the transaction price
   3. 3.3 Contracts where the consideration varies
   4. 3.4 Presenting and disclosing revenue
4. 04 Assets 4 topics
   1. 4.1 Property, plant and equipment
   2. 4.2 Depreciation, revaluation and impairment
   3. 4.3 Intangibles and development costs
   4. 4.4 Measuring inventory
5. 05 Liabilities and Equity 4 topics
   1. 5.1 Provisions, contingencies and commitments
   2. 5.2 Borrowings and finance costs
   3. 5.3 Leases
   4. 5.4 Share capital, reserves and dividends
6. 06 Financial Instruments and Tax 4 topics
   1. 6.1 Classification and measurement in outline
   2. 6.2 Receivables and expected credit losses
   3. 6.3 Current and deferred tax
   4. 6.4 Foreign currency transactions
7. 07 Groups 4 topics
   1. 7.1 Control, and when you must consolidate
   2. 7.2 Basic consolidation
   3. 7.3 Associates and joint arrangements
   4. 7.4 Goodwill
8. 08 Presentation and Judgement 4 topics
   1. 8.1 Accounting policies, estimates and errors
   2. 8.2 Events after the reporting period
   3. 8.3 Related parties and segments
   4. 8.4 Where judgement is exercised, and how it must be disclosed