Certify and Increase Opportunity.
Govt. Certified GAAP Accounting Standards

1. The Conceptual Framework

1.1. Objectives of Financial Reporting
1.2. Characteristics and Limitations of a Financial Report

2. Accounting Standard-1, Disclosure of Accounting Policies

2.1. Indian GAAP on Disclosure of Accounting Policies

3. Accounting Standard-2, Valuation of Inventories

3.1. Inventories as Assets

4. Accounting, Standard-3, Cash Flow Statement

4.1. Objective
4.2. Presentation of a Cash Flow Statement

5. Accounting Standard-4, Contingencies and Events Occurring

5.1. Accounting for Events Occurring After the Balance Sheet Date Under AS-4
5.2. Disclosure

6. Accounting Standard-5, Net Profit or Loss for the Period

6.1. Presentation of Income Statement under AS-5

7. Accounting Standard-6, Depreciation

7.1. Accounting for Depreciation Under AS-6
7.2. Depreciation
7.3. Methods of Depreciation
7.4. Change in Method of Depreciation

8. Accounting Standard-7, Construction Contracts

8.1. Accounting for Construction Contracts under AS-7
8.2. Terms Used in AS-7
8.3. Combining and Segmenting Construction Contracts
8.4. Contract Revenue
8.5. Contract Costs
8.6. Recognition of Contract Revenue and Expenses

9. Accounting Standard-9, Revenue Recognition

9.1. Accounting for Revenue under AS-9
9.2. Sale of Goods
9.3. Interest, Royalties and Dividends
9.4. Effect of Uncertainties on Revenue Recognition
9.5. Disclosure

10. Accounting Standard-10, Accounting for Fixed Assets

10.1. Identifying Fixed Assets
10.2. Components of Cost
10.3. Self-constructed Fixed Assets
10.4. Non-monetary Consideration
10.5. Improvements and Repairs
10.6. Retirements and Disposals (derecognition)
10.7. Hire Purchases
10.8. Joint Ownership
10.9. Goodwill
10.10. Disclosure

11. Accounting Standard-11, Changes in Foreign Exchange Rates

11.1. AS-11
11.2. Classification of Foreign Operations as Integral or Non-integral
11.3. Change in the Classification of a Foreign Operation
11.4. Disclosure

12. Accounting Standard-12, Accounting for Government Grants

12.1. Accounting for Government Grants Under the Indian GAAP (AS-12)
12.2. Accounting Treatment of Government Grants
12.3. Recognition of Government Grants
12.4. Non-monetary Government Grants
12.5. Presentation of Grants Related to Revenue
12.6. Presentation of Grants of the nature of Promoters’ contribution
12.7. Refund of Government Grants
12.8. Disclosure

13. Accounting Standard-13, Accounting for Investments

13.1. Accounting for Investments under Indian GAAP
13.2. Forms of Investments
13.3. Cost of Investments
13.4. Investment Properties
13.5. Disposal of Investments

14. Accounting Standard-14, Accounting for Amalgamations

14.1. Accounting for Amalgamation under the Indian GAAP (AS-14)
14.2. Types of Amalgamations
14.3. Methods of Accounting for Amalgamations
14.4. Treatment of Reserves of the Transferor Company on Amalgamation
14.5. Disclosures

15. Accounting Standard-15, Employee Benefits

15.1. Accounting for Employee Benefits
15.2. Short-term Employee Benefits
15.3. Termination Benefits
15.4. Accounting Treatment
15.5. Disclosures

16. Accounting Standard-16, Borrowing Costs

16.1. Accounting for Borrowing Cost in AS-16
16.2. Borrowing Costs
16.3. A Qualifying Asset
16.4. Borrowing Costs Eligible for Capitalisation
16.5. Commencement of Capitalisation
16.6. Disclosure

17. Accounting Standard-17, Segment Reporting

17.1. Segment Reporting Under AS-17
17.2. Accounting Standards Interpretation (ASI 22)
17.3. Allocation
17.4. Primary and Secondary Segment Reporting Formats
17.5. Matrix Presentation
17.6. Business and Geographical Segments
17.7. Identifying Reportable Segments (Quantitative Thresholds)
17.8. Segment Accounting Policies
17.9. Primary Reporting Format
17.10. Secondary Segment Information
17.11. Disclosures

18. Accounting Standard-18, Related Party Disclosures

18.1. Related Party Disclosures
18.2. Accounting Standards Interpretation (ASI)21
18.3. The Related Party Issue
18.4. Disclosure

19. Accounting Standard-19, Accounting for Leases

19.1. Accounting for Lease
19.2. Classification of Leases
19.3. Leases in the Financial Statements of Lessees
19.4. Leases in the Financial Statements of Lessors
19.5. Sale and Leaseback Transactions

20. Accounting Standard-20, Earnings Per Share

20.1. Presentation and Calculation of EPS
20.2. Basic Earnings per Share
20.3. Diluted Earnings Per Share
20.4. Presentation

21. Accounting Standard-21, Consolidated Financial Statements

21.1. Consolidation Principles under AS-21
21.2. Circumstances for Consolidated Financial Statements
21.3. Loss of Control
21.4. Consolidation Procedures
21.5. Cost of Control
21.6. Minority Interest
21.7. Other Points
21.8. Disposal of Holding
21.9. Disclosure

22. Accounting Standard-22 Accounting for Taxes on Income

22.1. Income Taxes Under AS-22
22.2. Recognition
22.3. Measurement
22.4. Review of Deferred Tax Assets
22.5. Disclosure
22.6. Relevant Accounting Standards Interpretations

23. Accounting Standard-23, Accounting for Investments in Associates in Consolidated

23.1. Accounting for Investment in Associates
23.2. Associates Accounted for Using the Equity Method
23.3. Contingencies
23.4. Disclosure
23.5. Relevant Accounting Standards Interpretations

24. Accounting Standard-24, Discounting Operations

24.1. Accounting for Discontinuing Operations under AS-24
24.2. Discontinuing Operation
24.3. Initial Disclosure Event
24.4. Recognition and Measurement

25. Accounting Standard-25, Interim Financial Reporting

25.1. Interim Financial Reporting
25.2. Selected Explanatory Notes
25.3. Periods for which Interim Financial Statements are required to be presented
25.4. Materiality
25.5. Disclosure in Annual Financial Statements
25.6. Accounting Policies
25.7. Revenue Received Seasonally or Occasionally
25.8. Accounting Standards Interpretation (ASI 27): Applicability

26. Accounting Standard-26, Accounting for Intangible Assets

26.1. Accounting for Intangible Assets in AS-26
26.2. Intangible Assets
26.3. Recognition and Initial Measurement of an Intangible Asset
26.4. Separate Acquisition
26.5. Internally Generated Intangible Assets
26.6. Cost of an Internally Generated Intangible Asset
26.7. Items to be Recognised as an Expense
26.8. Amortisation Period
26.9. Retirements and Disposals
26.10. Disclosure

27. Accounting Standard-27, Financial Reporting of Interests in Joint Ventures

27.1. Accounting for Joint Ventures
27.2. Contractual Arrangement
27.3. Forms of Joint Ventures
27.4. Consolidated Financial Statements of A Venturer
27.5. Transactions between a Venturer and Joint Venture
27.6. Disclosures

28. Accounting Standard-28, Impairment of Assets

28.1. Accounting for Impairment Loss under AS-28
28.2. Assessment
28.3. Measurement of Recoverable Amount
28.4. Basis for Estimates of Future Cash Flows
28.5. Composition of Estimates of Future Cash Flows
28.6. Recognition and Measurement of an Impairment Loss
28.7. Identification of the Cash-Generating Unit
28.8. Goodwill
28.9. Corporate Assets
28.10. Impairment Loss for a Cash-Generating Unit
28.11. Disclosure

29. Accounting Standard-29, Provisions, Contingent Liabilities, and Contingent Assets

29.1. AS-29 Provisions, Contingent Liabilities, and Contingent Assets
29.2. Provisions
29.3. 29.3 Present Obligation
29.4. Reliable Estimate of the Obligation
29.5. Contingent Liabilities
29.6. Contingent Assets
29.7. Future Events
29.8. Expected Disposal of Assets
29.9. Reimbursements
29.10. Changes in Provisions
29.11. Application of the Recognition And Measurement Rules