Accounting Standards A Complete Study

Course details

Disclaimer: So far only two accounting standards were added. Remaining accounting standards will be added over a period of time.

Welcome to this course "Accounting Standards A Complete Study"

The objective of this course is to have a complete overview of theory and practice of Accounting Standards issued by Institute of Chartered Accountants of India. In this course, i have taken efforts to explain each and every part of Accounting Standards and they will be supported by case studies as well.

Knowledge of Accounting Standards is very essential from Examination perspective as well from Practical angle. Because, Accounting Standards significantly influence the way Financial Statements are prepared and presented. Students pursuing professional courses like Chartered Accountancy, Cost and Management Accountancy, Company Secretaryship, etc. should have through knowledge of Accounting Standards.

I will be covering following Accounting Standards in this course:

AS 1 Disclosure of Accounting Policies

AS 2 Valuation of Inventories

AS 3 Cash Flow Statements

AS 4 Contingencies and events occuring after Balance Sheet Date

AS 5 Net Profit or Loss for the period, Prior period items and Changes in Accounting Policies

AS 10 Property, Plant and Equipment

AS 11 Effects of Changes in Foreign Exchange Rates

AS 12 Accounting for Government Grants

AS 13 Accounting for Investments

AS 16 Borrowing Costs

AS 17 Segment Reporting

AS 22 Accounting for Taxes on Income

This course is structured in self paced learning style. You can learn these number crunching topics at your own pace. Use head phone, have note pad / excel opened to scribble or take note of what you are learning. 

As already mentioned in the Disclaimer, i have added only two AS now. More will be added in the coming days.

Wish you a happy learning.