Commercial I GAAP (Indian Accounting Standards) A Practical Approach By Anand J Banka Edition August 2022

Commercial I GAAP (Indian Accounting Standards) By Anand J Banka

Commercial I GAAP (Indian Accounting Standards) By Anand J Banka

Issuance/ Revision of Accounting Standards in large numbers in recent times, both in India and globally, display how the accounting world is adapting to the changing needs of the business world. Changes to the accounting standards also bring with it, issues in its interpretations. To assist in implementation of these Standards, the ICAI issues Guidance Notes and Technical guides that provide guidance to its members on accounting issues not specifically covered by the existing accounting standards. A large number of these publications have been issued in last decade.

The Book is a compilation all the relevant documents available on accounting along with a detailed explanation of the accounting standards. Further, the book contains a comparison of the Accounting Standards (AS) with the Indian Accounting Standards (Ind AS).The Book will be useful to the readers in understanding the accounting requirements and so also will help them in resolving their accounting queries.

About the Author

Anand Banka :

CA Anand Banka is a Fellow Member of ICAI. He is employed as Technical Head  Financial Reporting with a natural resource company. Anand has over 13 years of experience of accounting and audit, especially in International Financial Reporting Standards (IFRS)/ Indian Accounting Standards (Ind AS) domain. His experience includes implementing IFRS/ Ind AS in companies across sectors. He has been involved in the accounting standard setting process, both Ind AS and AS, with the ICAI. He is also a prolific speaker with seminars across various countries on IFRS, Indian Accounting Standards, Companies Act, etc. Other notable achievements and contributions include: He has Authored the books Ind AS Simplified, Comprehensive Guide to Ind AS Implementation and Comprehensive Guide to Indian GAAP, published by CCH. He is a Special Invitee on the Accounting Standards Board (ASB) of the ICAI. He is one of the best rated faculties for the Certificate Course on IFRS/ Ind AS of ICAI, across India, Nepal and UAE. He has been an Asian-Oceanian Standard-Setters Group (AOSSG) Trainer in Nepal for the Nepal IFRS Centre of Excellence. He has been a Coordinator and Faculty for National Mission on Education of Ministry of Human Resource Development (MHRD, Govt. of India) for Implementation of Accounting Standards in Educational Institutes like IITs and IIMs. He has been Subject Editor for books on financial accounting and reporting. He has penned several articles that have appeared in professional publications like Bombay Chartered Accountants Journal (BCAJ) and WIRC Reference Manual.