Articles by CA Anuj Agrawal

Principal Vs Agent - Revenue (Gross or Net?) as per Ind-AS/ IFRS

CA Anuj Agrawal 21 April 2017 at 10:58

Many times Goods and Services are being sold/ rendered by using different kind of arrangements/ entities based on terms and conditions which could change Revenu..

Intangible Assets - Finite or Indefinite life?

CA Anuj Agrawal 19 April 2017 at 11:23

Intangible Assets are being recognized when it falls under the category of an Asset which has no physical substance and it is a non-monetary item and having ide..

Requirement of Consolidated Financial Statements - Companies Act Vs. Ind AS

CA Anuj Agrawal 18 April 2017 at 11:18

In today's globalization and diversified businesses, it is very common to have several associates, Joint Ventures & Subsidiaries companies and various other for..

Take or Pay long term commodities contracts - Ind AS/ IFRS

CA Anuj Agrawal 17 April 2017 at 11:27

There would be many instances where a long term commodity purchase or sale agreement are being entered between the parties where there is a quantity to be deliv..

Appointed date Vs. Acquisition date - Acquisition of Business per Ind AS

CA Anuj Agrawal 11 April 2017 at 11:39

Acquisition of business is quite common in today's fast moving dynamics of the world and every such stakeholder of the entity would be interested to know all im..

Convertible Bonds Calculations - Equity & Liability portion - Ind AS/ IFRS

CA Anuj Agrawal 31 March 2017 at 11:01

Many of our readers requested to share actual calculation and the process to bifurcate any convertible bonds between Equity & Liability and its related Journal ..

Contingent Assets - Different way of recognition by Ind-AS

CA Anuj Agrawal 28 March 2017 at 10:59

There are many transactions/ events that are being taken place where an outcome of the resources are uncertain and no virtual expectations can be defined. This ..

Option to buy Shares given - Vodafone Idea Merger

CA Anuj Agrawal 22 March 2017 at 11:02

Recent news on approving merger of Vodafone & Idea at their board level has given many questions related to its accounting under the new framework i.e. Ind-As. ..