Find transaction-focused guidance across key Indian Accounting Standards (Ind AS).
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Apply Ind AS 23 to specific and general borrowings with qualifying-asset tests, timeline controls and complete ₹10.50 lakh and ₹4.08 lakh examples.
A practical Ind AS 116 guide to identifying leases, measuring the right-of-use asset and lease liability, applying short-term and low-value exemptions, and closing the year-end lease schedule.
A practical Ind AS 109 guide to lifetime expected credit loss on trade receivables, including the simplified approach, provision-matrix design, segmentation, forward-looking adjustments, a worked example and year-end documentation.
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A practical Ind AS 19 guide to the different accounting treatment of gratuity and long-term leave encashment, including classification, actuarial valuation, OCI versus profit or loss, and a year-end review checklist.
A practical Ind AS 38 guide to separating research from development, applying the six capitalisation criteria, identifying the recognition date, classifying qualifying costs and documenting an internal R&D project.
A practical Ind AS 34 guide to minimum interim financial statements, comparative periods, year-to-date measurement, materiality, interim tax, seasonal items and a quarter-end close checklist.
A practical Ind AS 20 guide to recognising government grants, distinguishing asset-related and income-related grants, choosing presentation methods, handling repayment and completing year-end disclosures.
A practical Ind AS 10 guide to the post-reporting-period review window, adjusting versus non-adjusting events, dividends, going concern, disclosure requirements and year-end examples.
A practical Ind AS 7 guide to classifying demand deposits, short-term deposits, bank overdrafts and restricted balances, including the original-maturity test and balance-sheet reconciliation.
A practical Ind AS 115 guide to principal-versus-agent assessment, control before transfer, gross versus net revenue, key indicators, worked examples and an audit-ready checklist.
A practical Ind AS 21 guide to classifying monetary and non-monetary foreign-currency items, choosing the correct year-end exchange rate, handling advances and recording exchange differences.
A practical Ind AS 115 guide to distinguishing contract assets, receivables and contract liabilities, with decision rules, worked examples, journal logic and a month-end reconciliation checklist.
A practical Ind AS 116 guide to identifying leases, measuring the right-of-use asset and lease liability, applying short-term and low-value exemptions, and closing the year-end lease schedule.
A practical Ind AS 16 guide to component accounting for PPE: identifying significant parts, allocating cost, setting useful lives, handling replacements and major inspections, and maintaining the fixed asset register.
A practical Ind AS 40 guide to deciding whether property is investment property, owner-occupied PPE or inventory, including mixed-use buildings, cost-model accounting, fair-value disclosure, transfer evidence and a worked example.
Using this collection
Use the relevant standard and transaction facts together: a label alone rarely determines accounting. The guides identify core tests, calculations and disclosures, while the complete current standard and entity-specific judgments remain essential.
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