Ind AS Glossary

A

• Absorption Costing in Ind AS
• Acceptance in Ind AS
• Account Receivable in Ind AS
• Accounting policies in Ind AS
• Accounting standards in Ind AS
• Accumulated Depletion in Ind AS
• Accumulated Depreciation in Ind AS
• Acquisition method in Ind AS
• Actual Cost in Ind AS
• Ad-Valorem in Ind AS
• Added Value in Ind AS
• Added Value Statement in Ind AS
• Amalgamation in Ind AS
• Amortisable Amount in Ind AS
• Amortised Value in Ind AS
• Amortization in Ind AS
• Annual report in Ind AS
• Asset classification in Ind AS
• Asset impairment in Ind AS
• Asset retirement obligation in Ind AS
• Auditor’s Report in Ind AS
• Average Cost in Ind AS

B

• Bad Debts in Ind AS
• Balance sheet in Ind AS
• Bill of Exchange in Ind AS
• Bond in Ind AS
• Bonus Shares in Ind AS
• Book Value in Ind AS
• Business combination in Ind AS
• Business combinations under common control in Ind AS
• Business valuation in Ind AS

C

• Call in Ind AS
• Capital Assets in Ind AS
• Capital Commitment in Ind AS
• Capital Employed in Ind AS
• Capital Loss in Ind AS
• Capital Profit in Ind AS
• Capital Redemption Reserve in Ind AS
• Capital Reserve in Ind AS
• Capital Work-in-progress in Ind AS
• Capitalization in Ind AS
• Carrying amount in Ind AS
• Cash and cash equivalents in Ind AS
• Cash basis of Accounting in Ind AS
• Cash Discount in Ind AS
• Cash flow statement in Ind AS
• Cash Profit in Ind AS
• Change in accounting estimates in Ind AS
• Changes in Financial Position, Statement of in Ind AS
• Cheque in Ind AS
• Collateral Security in Ind AS
• Consolidated financial statements in Ind AS
• Consolidation of financial statements in Ind AS
• Contingent assets in Ind AS
• Contingent liability in Ind AS
• Contra Account in Ind AS
• Convertible Bond in Ind AS
• Convertible Debenture in Ind AS
• Cost accounting in Ind AS
• Cost of capital in Ind AS
• Cost of goods sold in Ind AS
• Cost of Purchase in Ind AS
• Cost of sales in Ind AS
• Creditor in Ind AS
• Cumulative Dividend in Ind AS
• Cumulative Preference Shares in Ind AS
• Current Cost in Ind AS

D

• Debenture Redemption Reserve in Ind AS
• Debt instruments in Ind AS
• Debtor in Ind AS
• Deferral in Ind AS
• Deferred Expenditure in Ind AS
• Deferred Revenue Expenditure in Ind AS
• Deferred Revenue in Ind AS
• Deferred tax assets in Ind AS
• Deficiency in Ind AS
• Deficit in Ind AS
• Depletion in Ind AS
• Depreciable Asset in Ind AS
• Depreciation in Ind AS
• Depreciation Rate in Ind AS
• Derivative financial instruments in Ind AS
• Development Allowance Reserve in Ind AS
• Development Rebate Reserve in Ind AS
• Diminishing Balance Method in Ind AS
• Direct Cost in Ind AS
• Direct Costing in Ind AS
• Discount in Ind AS
• Discount rate in Ind AS
• Dividend Equalisation Reserve in Ind AS
• Dividends in Ind AS

E

• Earnings per share in Ind AS
• Effective interest rate in Ind AS
• Effective tax rate in Ind AS
• Employee benefits in Ind AS
• Entity Concept in Ind AS
• Equity instruments in Ind AS
• Equity method in Ind AS
• Events after the reporting period in Ind AS
• Expenditure in Ind AS
• Expired Cost in Ind AS

F

• Fair Market value in Ind AS
• Fair value hierarchy in Ind AS
• Fair value in Ind AS
• Fictitious Assets in Ind AS
• Finance lease in Ind AS
• Financial assets in Ind AS
• Financial guarantee contracts in Ind AS
• Financial instruments in Ind AS
• Financial liabilities in Ind AS
• Financial risk management in Ind AS
• Financial statements in Ind AS
• First Charge in Ind AS
• First In, First Out (FIFO) in Ind AS
• Fixed Asset in Ind AS
• Fixed Cost in Ind AS
• Fixed Deposit in Ind AS
• Fixed or Specific Charge in Ind AS
• Floating Charge in Ind AS
• Foreign Currency Conversions in Ind AS
• Foreign currency translation in Ind AS
• Foreign exchange rates in Ind AS
• Forfeited Share in Ind AS
• Functional Classifications in Ind AS
• Funds Flow Statement in Ind AS

G

• General Reserve in Ind AS
• Goodwill impairment in Ind AS
• Goodwill in Ind AS
• Gross Margin or Gross Profit in Ind AS
• Gross Sales in Ind AS
• Gross Turnover in Ind AS

H

• Hedge accounting in Ind AS
• Hedge effectiveness in Ind AS

I

• Impairment loss in Ind AS
• Income and Expenditure Statement in Ind AS
• Income from operations in Ind AS
• Income tax in Ind AS
• Ind AS 109 in Ind AS
• Ind AS 115 in Ind AS
• Ind AS 116 in Ind AS
• Ind AS 21 in Ind AS
• Ind AS 32 in Ind AS
• Ind AS 34 in Ind AS
• Ind AS 38 in Ind AS
• Ind AS 40 in Ind AS
• Ind AS 41 in Ind AS
• Ind AS in Ind AS
• Insurance contracts in Ind AS
• Intangible assets in Ind AS
• Intangible assets with indefinite useful lives in Ind AS
• Interest income in Ind AS
• Interim financial reporting in Ind AS
• Investment Allowance Reserve in Ind AS
• Investment in associates in Ind AS
• Investment in Ind AS
• Investment property in Ind AS

J

• Joint arrangements in Ind AS
• Joint control in Ind AS

L

• Last In, First Out (LIFO) in Ind AS
• Lease accounting in Ind AS
• Leases in Ind AS
• Leverage ratio in Ind AS
• Liabilities in Ind AS
• Lien in Ind AS
• Long-term liabilities in Ind AS
• Loss in Ind AS

M

• Management discussion and analysis (MD&A) in Ind AS
• Market capitalization in Ind AS
• Market value added in Ind AS
• Marketable securities in Ind AS
• Mercantile Basis of Accounting in Ind AS
• Minority interest in Ind AS
• Mortgage in Ind AS

N

• Net assets in Ind AS
• Net Fixed Assets in Ind AS
• Net income in Ind AS
• Net Loss in Ind AS
• Net realizable value in Ind AS
• Net Sales in Ind AS
• Net Turnover in Ind AS
• Non-controlling interests in Ind AS
• Non-current assets in Ind AS

O

• Obsolescence in Ind AS
• Operating expenses in Ind AS
• Operating income in Ind AS
• Operating lease in Ind AS
• Operating Profit in Ind AS
• Ordinary shares in Ind AS
• Other comprehensive income in Ind AS

P

• P&L Appropriation Account in Ind AS
• Pari Passu Charge in Ind AS
• Pension plans in Ind AS
• Pledge in Ind AS
• Pre-paid Expense in Ind AS
• Preference shares in Ind AS
• Preferential Payment in Ind AS
• Preliminary Expenses in Ind AS
• Present value in Ind AS
• Prime Cost in Ind AS
• Profit and Loss Statement in Ind AS
• Promissory Note in Ind AS
• Property valuation in Ind AS
• Property, plant, and equipment impairment in Ind AS
• Property, plant, and equipment in Ind AS
• Propriety Concept in Ind AS
• Provision for Doubtful Debts in Ind AS
• Provisions in Ind AS
• Public Deposits in Ind AS
• Public sector accounting in Ind AS

R

• Receivable impairment in Ind AS
• Receivables in Ind AS
• Recognition of revenue in Ind AS
• Redeemable Preference Share in Ind AS
• Redemption in Ind AS
• Reduction of Capital in Ind AS
• Regulatory assets and liabilities in Ind AS
• Related party transactions in Ind AS
• Reserves in Ind AS
• Retained earnings in Ind AS
• Revaluation Surplus in Ind AS
• Revenue and Expense Statement in Ind AS
• Revenue from contracts with customers in Ind AS
• Revenue recognition in Ind AS
• Revenue Reserve in Ind AS
• Right Shares in Ind AS

S

• Sales Turnover in Ind AS
• Secured Loan in Ind AS
• Segment reporting in Ind AS
• Self-Insurance in Ind AS
• Share capital in Ind AS
• Share Discount in Ind AS
• Share Issue Expenses in Ind AS
• Share premium in Ind AS
• Share warrants in Ind AS
• Share-based payments in Ind AS
• Shareholder equity in Ind AS
• Shareholders’ equity statement in Ind AS
• Shareholders’ Equity in Ind AS
• Shareholders’ Fund in Ind AS
• Short-term borrowing in Ind AS
• Short-term Liability in Ind AS
• Sinking Fund in Ind AS
• Social Benefits in Ind AS
• Social Cost Benefit Analysis in Ind AS
• Social Cost in Ind AS
• Standard Cost in Ind AS
• Statement of cash flows in Ind AS
• Statement of changes in equity in Ind AS
• Statement of financial position in Ind AS
• Straight Line Method in Ind AS
• Subsequent events in Ind AS
• Subsequent measurement in Ind AS
• Subsidiaries in Ind AS

T

• Taxation in Ind AS
• Test Check in Ind AS
• Trade Discount in Ind AS
• Trade payables in Ind AS
• Trade receivables in Ind AS
• Transfer Price in Ind AS
• Transfer pricing in Ind AS
• Treasury shares in Ind AS

U

• Unclaimed dividend in Ind AS
• Unexpired Cost in Ind AS
• Unissued Share Capital in Ind AS
• Unit of account. in Ind AS
• Unpaid Dividend in Ind AS

V

• Valuation of assets in Ind AS
• Value Added in Ind AS
• Value Added Statement in Ind AS
• Variable Cost in Ind AS
• VRS in Ind AS

W

• Wasting Asset in Ind AS
• Weighted Average Cost in Ind AS
• Work in Process in Ind AS
• Working capital in Ind AS
• Working capital turnover ratio in Ind AS
• Written Down Value Method (WDV) in Ind AS

X

• XBRL in Ind AS

Y

• YoY (Year on Year) in Ind AS

Z

• ZBB (Zero-Based Budgeting) in Ind AS
• ZTA (Zero-based Time Accounting) in Ind AS