Articles by Sachin

Ind AS 20: Government Grants

Posted by Sachin 02 September 2021 13005 Views

Ind AS 20 is applicable where there is reasonable assurance that grants will be received, and the entity will comply with the conditions attached to the receipt of the government grant.

Analysis of IND AS 40 - Accounting and disclosure of investment property

Posted by Sachin 02 September 2021 7703 Views

Ind AS 40 is covered when an Investment Property is held under ownership and given on an operating lease and when the Investment Property is held under finance lease and given on an operating lease.

IND AS 105: Non Current Assets held for sale and discontinued operations

Posted by Sachin 02 September 2021 5905 Views

The objective of IND AS 105 is accounting treatment and disclosure of non current assets held for sale / discontinued operations and to inform the users of financial statements.

All about Ind AS 41

Posted by Sachin 02 September 2021 8904 Views

Ind AS 41 is applicable to biological assets relating to agricultural activity, agricultural produce up to the point of harvest and government grants relating to agricultural activity.

IND AS 108 - Operating Segments

Posted by Sachin 21 August 2021 18277 Views

IND AS 108 - Operating Segments is important for the stakeholders to understand and evaluate the performance of a business. However, it is not a part of Schedule III, but a part of SEBI disclosure.