We provide a compressive tool for learning Accounting policies generally accepted in India.
The guide on accounting standards would comprise of:
1. Generally Accepted Accounting policies:
a. Bare Accounting Standard
b. Bare Indian Accounting Standard
c. Interpretations of Accounting Standard Interpretation Committee
d. Guidance Note on Accounting issued by ICAI
e. Expert advisory committee opinions related to the accounting in specific issues
f. Bare International Financial Reporting Standard
g. International Financial Reporting Interpretation Committee’s interpretations
h. Draft Accounting standards pending approval
2. Practical implications of the Accounting Standards
3. Accounting policies of the companies in relevant to the accounting standard
a. Policies of Indian Companies
b. Policies of Foreign Companies
4. Compilation of Model Accounting policy for industry
5. Case studies for the accounting standards
6. Industry specific accepted accounting policies
7. Disclosure requirements of special Acts like Electricity Act, Banking Regulation Act, etc..
8. FAQ’s on accounting standards
9. Test module for improving understanding of the accounting standard
10. Relevant disclosure requirements of Schedule VI of Companies Act, 1956.
11. E-learning of the accounting standard
