"D.S. Rawat, Dr. D.S. Rawat was a Chartered Accountant who taught/guided the CA students (PE-II/Final) for 35+ years. He was awarded a PhD in IFRS. He was a visiting faculty to ICAI for the courses on Accounting Standards and IFRS and associated with the ICAI in the convergence of Indian Accounting Standards (Ind AS) with International Financial Reporting Standards (IFRS). He has 35+ years of practical experience in accounts/audits of various organizations/companies. He has also authored the following books published by Taxmann: Students Guide to Auditing Standards, Students Guide to Accounting Standards, He has been an active participant and speaker in various Seminars and Conferences on Accounting and Finance. Nozer Shroff, CA Nozer Shroff is an All India Rank holder in Chartered Accountancy examinations and cleared all his professional examinations in the first attempt. He has been teaching CA Students at the Intermediate and Final level for 10+ years in Surat at CA Ravi Chhawchharias Credent Professional Studies. His core teaching areas are Accounting Standards, Accountancy, GST, Corporate Laws, Economic Laws and Direct Taxes. He has also authored a book on Corporate Laws for CA Final. He has been invited by the Surat Branch of WIRC of ICAI and other educational institutions of repute as a speaker on various topics to benefit the student fraternity."
<p>"This book is prepared exclusively for the Intermediate Level of Chartered Accountancy Examination requirement. It covers the entire revised syllabus as per ICAI under the New Scheme of Education and Training. It applies to Group 1/Paper 1 – Accounting & Group 2/Paper 5 – Advanced Accounting. This book presents the accounting standards in simple language and equips the reader to apply the accounting standards. The Present Publication is the 9th Edition & updated till 31st October 2022 for CA-Inter | New Syllabus | May/Nov. 2023 Exams. This book is authored by Dr. D.S. Rawat & CA Nozer Shroff, with the following noteworthy features:</p><p>[Format of the Book]:Covering Revised Syllabus of Paper 1 (Accounting) and Paper 5 (Advanced Accounting) of CA-Intermediate (New Syllabus), [Chapters 1-10] cover Accounting Standards (AS) applicable for the Accounting Paper of CA-Inter (Group 1) [Chapters 11-23] covers AS applicable for the Advanced Accounting Paper of CA-Inter (Group 2) [Coverage of this Book] includes:All 21 Accounting Standards (AS) Other chapters relating to AS of the new syllabus, as prescribed by the ICAI, [Problems & Solutions] Questions on Accounting Standards of past examinations have been incorporated into the respective AS.[Past Exam Questions & Answers] are included in this book, [Student-Oriented Book] The authors have developed this book keeping in mind the following factors: Interaction of the authors with their students, with specific emphasis on difficulties faced by students in the examinations, Shaped by the authors experience of teaching the subject matter at different levels, Reactions and responses of students have also been incorporated at different places in the book.</p><p>The detailed contents of this book are as follows: Introduction to Accounting Standards and Indian Accounting Standards, Framework for the Preparation and Presentation of Financial Statements, Group 1 – Paper 1 (Accounting), AS-1 | Disclosure of Accounting Policies, AS-2 | Valuation of Inventories, AS-3 | Cash Flow Statement, AS-10 | Property, Plant and Equipment, AS-11 | The Effects of Changes in Foreign Exchange Rates, AS-12 | Accounting for Government Grants, AS-13 | Accounting for Investments, AS-16 | Borrowing Costs, Group 2 – Paper 5 (Advanced Accounting), AS-4 | Contingencies and Events occurring after the Balance Sheet date, AS-5 | Net Profit or loss for the period, prior period items and change in accounting policies, AS-7 | Construction Contracts, AS-9 | Revenue Recognition, AS-14 | Accounting for Amalgamation, AS-17 | Segment Reporting, AS-18 | Related Party Disclosure, AS-19 | Accounting for Leases, AS-20 | Earnings Per Share, AS-22 | Accounting for Taxes on Income, AS-24 | Discontinuing Operations, AS-26 | Intangible Assets, AS-29 | Provisions, Contingent Liabilities and Contingent Assets."</p><div><br></div>
