COVID19 Impact on FS (simple explanation)

Last updated: 07 April 2020
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This document provides a simplified explanation of how COVID-19 has affected financial statements (FS) according to Indian Accounting Standards (IND AS). It covers key areas such as inventories, impairment, financial instruments, leases, revenue, going concern assessment, income taxes, PPE, and post-balance sheet items. The content is useful for accountants, finance professionals, and businesses needing to understand and report on the financial implications of the pandemic.

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Impact of COVID 19 on FS is explained in a simple terms, with easily understandable slides. #pdf
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Submitted by · Posted 07 April 2020 · Other files by CA Rakesh sarma · Report
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