Indian Accounting Standards (Ind AS)

Indian Accounting Standards (Ind AS) is a definitive reference that consolidates the full text of Ind AS 1–117, as notified under the Companies (Ind AS) Rules 2015, updated through the Second Amendment Rules 2025. Blending statutory text with practical guidance, it features a roadmap to Ind AS, first-time adoption (Ind AS 101), Schedule III formats, conceptual framework, and FAQs on Material Accounting Policy Information (MAPI). The book provides in-depth coverage of financial instruments, leases, revenue recognition, consolidation, fair value, and India–specific IFRS carve-ins/carve-outs. Purpose-built for CFOs, auditors, corporate accountants, analysts, and students, the 8th Edition (updated till 1st September 2025) is a compliance-ready and governance-focused companion for Ind AS implementation.