The "Indian Accounting Standards (Ind AS) – May 25 Edition" by Dolphy D’Souza is a comprehensive 3-volume set published by Snow White Publications. This authoritative resource is designed for professionals, academics, and students seeking an in-depth understanding of Ind AS, which aligns with International Financial Reporting Standards (IFRS).
Key Features:
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Extensive Practical Illustrations: Over 2,000 examples across all Ind AS standards to facilitate practical understanding.
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Simplified Explanations: Complex topics such as financial instruments, business combinations, and debt vs. equity are explained in accessible language.
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Regulatory References: Incorporates guidance from the Companies (Indian Accounting Standards) Amendment Rules, 2020, along with insights from the Expert Advisory Committee (EAC) and Ind AS Transition Facilitation Group (ITFG).
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Model Financial Statements: Includes examples aligned with Schedule III to aid in financial reporting.
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Tax Implications: Discusses the tax consequences arising from Ind AS accounting treatments.
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Comprehensive Indexing: A detailed index enhances navigability for quick reference.
This edition serves as an essential guide for those involved in accounting, auditing, and financial reporting, providing clarity on the application of Ind AS in various scenarios.
