Accounting Standards

Ind AS Hub: Indian Accounting Standards Guides

A complete, practical library of Ind AS (Indian Accounting Standards) guides — covering presentation, financial instruments, revenue, leases, business combinations, employee benefits, provisions, and more. Each guide includes worked examples, journal entries, and ICAI-aligned explanations for Indian companies, CFOs and finance teams.

Presentation & Disclosure

Ind AS 1 – Presentation of Financial Statements

Financial statement components, OCI, going concern and materiality

Ind AS 7 – Cash Flow Statements

Direct vs indirect method and minimum disclosures

Ind AS 112 – Disclosure of Interests in Other Entities

Disclosures for subsidiaries, JVs, associates and structured entities

Ind AS 114 – Regulatory Deferral Accounts

Accounting for rate-regulated entities and their deferral balances

Financial Instruments

Ind AS 109 – Financial Instruments

Classification, measurement and the expected credit loss (ECL) model

Ind AS 32 & 107 – Financial Instruments Presentation & Disclosures

Liability vs equity classification and risk disclosures

Revenue & Leases

Ind AS 115 – Revenue from Contracts with Customers

The five-step revenue recognition model with case studies

Ind AS 116 – Leases

ROU asset, lease liability and the impact on EBITDA

Ind AS 17 vs Ind AS 116 – Leases Transition

Complete comparison of the old and new leases standards

Business Combinations & Intangibles

Ind AS 103 – Business Combinations

Acquisition method, purchase price allocation and goodwill recognition

Ind AS 38 – Intangible Assets

Recognition, amortisation and impairment of intangibles

Ind AS 36 – Impairment of Assets

Goodwill, CGUs and recoverable amount with case studies

Liabilities, Tax & Employee Benefits

Ind AS 12 – Income Taxes

Deferred tax, DTA/DTL and permanent vs temporary differences

Ind AS 19 – Employee Benefits

Gratuity, actuarial valuation and OCI treatment

Ind AS 20 – Government Grants

Recognition and presentation of government grants with examples

Ind AS 37 – Provisions, Contingent Liabilities & Assets

Recognition criteria and disclosure for provisions

Ind AS 26 – Retirement Benefit Plans

Accounting and reporting by retirement benefit plans

Specialized Industries

Ind AS 104 – Insurance Contracts

Insurance contract accounting for Indian insurers and corporates

Ind AS 106 – Exploration & Evaluation of Mineral Resources

E&E asset recognition for oil, gas and mining companies

Ind AS 29 – Hyperinflationary Economies

Financial reporting adjustments in hyperinflationary economies

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