Bharat Practical Guide to Consolidated Financial Statements By CA Kamal Garg Edition October 2019

Bharat Practical Guide to Consolidated Financial Statements Kamal Garg

Bharat Practical Guide to Consolidated Financial Statements Kamal Garg

Description

It gives me immense pleasure in presenting before the readers the second edition of “Practical guide to Consolidated Financial Statements under AS and IND AS”. This book will serve as a ready reference for Chartered Accountants as well as other professionals concerned, directly or indirectly, with preparation and presentation of Consolidated Financial Statements. This handbook is equipped with the following features:

1. Detailed analysis of AS and Ind AS on Consolidation;
2. Separate discussion for consolidation methodologies (for holding subsidiaries investment in associates and interest in joint ventures);
3. Illustration on each and every aspect that may arise during consolidation of financial statements;
4. Comprehensive illustration on a Group’s Consolidated Financial Statement (with Subsidiary, Associate and Joint Venture put together);
5. Guidance Note on Audit of Consolidated Financial Statements;
6. Illustrative formats for audit reports on consolidated financial statements

Contents

1. Books of Account, Statutory Registers and Records
2. Financial Reporting
3. AS-21: Consolidated Financial Statements
4. AS-23: Accounting for Investments in Associates in Consolidated Financial Statements
5. AS-27: Financial Reporting of Interests in Joint Ventures
6. Holding & Subsidiary Companies: CFS Methodology
7. Accounting for Investments in Associates: CFS Methodology
8. Financial Reporting of Interests in Joint Ventures
9. Practical Approach to CFS: Holding & Subsidiary
10. Practical Approach to CFS: Associates
11. Practical Approach to CFS: Joint Ventures
12. Comprehensive Approach to CFS
13. IAS & IFRS Oil Consolidated Financial Statements
14. Consolidation of Accounts
15. Guidance Note on Audit of Consolidated Financial Statements (Revised)
16. Consolidation of Accounts of Section 8 Companies under AS and Ind AS
17. Appendix 1 Illustrative Reports under Standards on Auditing
18. Appendix 2 Schedule III