Go AD-Free with CAclubindia Pro and Daily WhatsApp Updates. Subscribe Now!

Doubt regarding Ind-AS and AS

Final 150 views 1 replies

AKASH R

Student CA IPC / IPCC

43 Points Joined January 2014

I will be writing my CA Final Exam in Nov 2017.
In the Financial Reporting subject,
I am finding it difficult to remember the differences between Ind-AS and AS and also the Carve outs. Is there any method to remeber the same, or should we by heart it ?

Kindly help me in this regard

Thanks in Advance

Replies (1)

CA Gopal Somani

Consultant

2070 Points Joined May 2016

ICAI has started emphasizing on Ind AS in exam question. It very important for Students to have an understanding of Ind AS, Difference between AS and Ind AS. So I have started a video series on my youtube channel where I am uploading videos explaining the differece between different AS and their corresponding Ind Below are some videos link -

Difference in AS & Ind AS - AS 16 vs Ind AS 23 (Borrowing Costs)

https://youtu.be/hhAJnysdgng

Difference in AS and Ind AS - AS 2 vs Ind AS 2

https://youtu.be/DowstExpNio

Difference in AS & Ind AS - AS 3 vs Ind AS 7 Cash Flow)

https://youtu.be/zVt11LkogNI

You can check other videos as well on my channel.

I hope these videos will be helpful for you.

Please let me know if you have any queries.

Regards,
Gopal Somani