Ind-AS Simplified

Course Objective

This course is designed to cover Ind - AS, as notified by the Ministry of Corporate Affairs (MCA). It has a detailed coverage of various Ind - AS (Indian Accounting Standards) including Ind - AS 115 - Revenue from contract with Customers, Ind - AS 116 - Leases, Ind - AS 109 - Financial Instruments (Including Hedge Accounting and Impairment under ECL framework) and other complex areas.
 
The program aims to provide the understanding on the evolution of Ind - AS through my teaching experience over last two decades, while focusing on practical challenges faced by professionals in the industry in application of them. The program covers discussion on recognition, measurement, presentation and disclosure requirements for different Ind AS and key differences between Ind - AS, AS and IFRS.

Course Benefits

On completion of the Course, professionals should be able to:

• Understand and explain the structure of the framework of Ind - AS
• Apply relevant Ind - AS standards to key elements of financial reporting
• Identify and apply disclosure requirements for companies in financial reports and notes
• Achieve a practical understanding of the key concepts and complex areas in the fields of reporting and disclosures

Certificate & Assessment

Participants will receive a Certificate of completion at the end of the course and the assessment.

Course Coverage (Standards Covered)

Ind AS	Topic	Duration
1	Introduction to Indian Accounting Standards	0:54
2	Presentation of Financial Statements	0:49
3	Inventories	0:48
4	Statement of Cash Flows	0:45
5	Accounting Policies, Changes in Accounting Policies, Changes in Accounting Estimates and Errors	0:25
6	Events After The Reporting Period	0:33
7	Income Taxes	1:03
8	Property, Plant And Equipment	1:31
9	Employee Benefits	1:02
10	Accounting for Government Grants and Disclosure of Government Assistance	0:31
11	The Effects Of Changes In Foreign Exchange Rates	1:09
12	Borrowing Costs	0:44
13	Related Party Disclosures	0:45
14	Separate Financial Statements	0:13
15	Investment In Associates And Joint Ventures	0:33
16	Financial Instruments: Presentation
17	Financial Instruments: Disclosures	2:00
18	Financial Instruments
19	Earnings Per Share	1:34
20	Interim Financial Reporting	0:38
21	Impairment Of Assets	1:02
22	Provisions, Contingent Liabilities And Contingent Assets	0:41
23	Intangible Assets	0:39
24	Investment Property	0:22
25	First Time Adoption of Indian Accounting Standards	1:12
26	Accounting For Share Based Payment	1:28
27	Business Combination	1:32
28	Non-Current Assets Held for Sale and Discontinued Operations	0:58
29	Operating Segments	0:46
30	Consolidated Financial Statements	0:49
31	Joint Arrangements	0:14
32	Fair Value Measurement	0:56
33	Revenue From Contracts With Customers	2:46
34	Leases � Introduction	1:58
	Total	35:00

Course deliverables

• 35 Hours of Video Sessions
• 12 months access to Video lectures in Usb drives
• Query handling through WhatsApp on designated days.

Delivery Mode

Video Lectures