Indian Accounting Standards & Corporate Accounting Practices
Non-returnable
Rs.9,995.00
Indian Accounting Standards & Corporate Accounting Practices is a three-volume, 5,000+-page authoritative commentary by Prof. (Dr) T.P. Ghosh, offering India's most comprehensive and practice-driven analysis of the Ind AS framework. It blends deep conceptual interpretation with alignment to significant IFRS developments and Schedule III requirements, supported by 400+ corporate disclosures, 700+ worked examples, and clear visual aids. The set explains not only what each Ind AS requires but why, how it is applied in practical reporting, and where critical judgments arise. Designed as a complete learning and implementation framework, it serves corporate finance teams, auditors, advisors, academics, and students seeking mastery over India's Ind AS landscape.
Indian Accounting Standards & Corporate Accounting Practices is widely regarded as India's most authoritative, comprehensive, and practice-oriented commentary on the Ind AS framework. Spanning over 5,000 pages across three meticulously structured volumes, Prof. (Dr) T.P. Ghosh presents a definitive work that accomplishes four core objectives:
- Offers deep conceptual interpretation of every Ind AS, explaining not just the rules but the underlying principles
- Connects Ind AS with global IFRS developments, including IFRS 16, IFRS 17, IFRIC 22, IFRIC 23, and the upcoming IFRS 18 and IFRS 19 (effective 2027)
- Integrates Indian regulatory requirements, particularly the Schedule III Division II and Division III reporting formats
- Demonstrates reporting practices through:
- Over 400 corporate disclosure extracts from Indian companies
- More than 700 interpretative and numerical examples, including valuation models, EPS computations, impairment analyses, ECL mechanics, and hedge accounting illustrations
- Numerous diagrams, decision trees, and flowcharts that simplify complex concepts.
- The Present Publication is the 10th Edition, authored by Prof. (Dr) T.P. Ghosh
Product Details
Every chapter across the three volumes follows a consistent and highly instructional architecture:
- Conceptual Grounding – Introduces the principle, links to the conceptual framework and explains relevant IFRS parallels
- Principle-based Exposition – Breaks down the wording, structure and intent of the standard, paragraph by paragraph
- Interpretative Commentary – Offers expert analysis on judgment areas, alternative interpretations, and practical application issues
- Numerical Examples & Valuation Tables – Includes DCF models, present value techniques, risk adjustments, option valuations, swap valuations and other computations
- Illustrative Corporate Disclosures – Extracts and annotates Ind AS disclosures from Indian companies for practical insight
- Common Pitfalls & Practice Issues – Highlights frequent errors, misinterpretations and practical complexities faced by preparers
- Summary Tables, Checklists & Diagrams – Uses charts, flow-logics and structured tables to simplify complex standards and aid rapid learning
