This is prepared exclusively for the Intermediate Level of Chartered Accountancy Examination requirement. It covers the entire revised syllabus as per ICAI. The focus of this book is on conceptual understanding of the Standards.

This book will be helpful for students of CA-Inter/IPCC, CMA-Intermediate, B.Com./M.Com., and other specialized courses.

The Present Publication is the 15^th Edition for CA-Inter | New Syllabus | May 2022 Exams, authored by CA Ravi Kanth Miriyala & CA Sunitanjani Miriyala, with the following noteworthy features:

• [Most Amended & Updated] This book is updated with the recent revisions made by the Ministry of Corporate Affairs, and it covers all amendments till December 2021
• [Self-preparatory Book] The book has been written in a classroom-style-teaching methodology so that the average student can understand & master the subject without assistance
• [Conceptual Understanding with 500+ Detailed Examples] for the Standards
• [Simple & Lucid Language] along with a step-by-step approach for better understanding
• [Diagrammatic Presentation] wherever required
• [Previous Year Question & Answers] including the December 2021 Exam for CA-Inter, IPCC & PCC
• [Weightage of Accounting Standards] in previous CA Intermediate Exams
• [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’ 10+ years experience of teaching the subject matter at different levels
  • Reaction and responses of students have also been incorporated at different places in the book

Also Available:

• [4^th Edition] Auditing & Assurance Made Easy
• COMBO for Accounting Standards Made Easy + Auditing & Assurance Made Easy

Detailed contents of this book are as follows:

• Chapter A – Introduction
• Chapter B – Preface to Accounting Standards (Very Important)
• Chapter C – Framework for Preparation and Presentation of Financial Statements
• AS 1 – Disclosure of Accounting Policies
• AS 2 – Valuation of Inventories
• AS 3 – Cash Flow Statement
• AS 4 – Contingencies and Events Occurring after the Balance Sheet Date
• AS 5 – Net Profit or Loss for the Period, Prior Period Items and Changes in
  Accounting Policies
• AS 7 – Construction Contracts
• AS 9 – Revenue RecognitionAS 10 – Property, Plant and Equipment (PPE)
• AS 11 – The Effects of Changes in Foreign Exchange Rates
• AS 12 – Accounting for Government Grants
• AS 13 – Accounting for Investments
• AS 14 – Accounting for Amalgamation
• AS 16 – Borrowing Costs
• AS 17 – Segment Reporting
• AS 18 – Related Party Disclosures
• AS 19 – 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