It Is An Illustrative Guide Book To IFRS And Indian Accounting Standards. Critical IFRS Issues Are  Discussed In Lucid Language, And For The Carve Outs, Comparative Positions In Ind AS  Are Explained  Point By Point. Special Advantages  Of This Book Are Illustrations On IFRS Measurement Principles Including Amortised Cost Method And Accounting Entries For Several Special Issues, Which Will Help The Finance Executives To Comfortably Sort  Out All IFRS And Ind-AS Issues. 

Highlights Of Some Key Topics

• Component-Wise PPE Accounting
• Current/Non-Current Analysis
• Amortised Cost Of Loans To Employees, Retention Money And Advance To Contractor
• Fair Value Based Acquisition Accounting
• Long Term Advance From Customers And Fair Value Based Revenue Recognition
• Amortised Cost Of Foreign Currency Loans
• Accounting For Currency Forwards
• Receivable Accounting Or Intangible Asset Accounting In Service Concession Arrangements
• Determining Whether An Arrangement Contains A Lease
• Measurement Of Decommissioning And Site Restoration Liabilities
• First Time Adoption Of Indian Accounting Standards
• IFRS Carve Outs