accounting standards_10_11_12_group 4.ppt

8/9/2019 Accounting Standards_10_11_12_Group 4.ppt

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INDIAN ACCOUNTING STANDARDSVSIFRS

Group - 4

Kanika Virmani, 13P146

Anki Go!", 13P1#4

A$ira" %an&a", 13P13'

A$i&(!k Da&)up a, 13P136

San*!!p C(a !r+!!, 13P16'

S(a&(ank S(uk"a, 13P166


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COST CO PON NT


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COST CONSID RAT


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IA


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AS-10

AS 1/ pro$i*!& (a on"0 (a ! p2(i ( in r!a&!& (! u ur! 5!n! &

(! ! i& in) a&&! 5!0on* i & pr!a&&!&&!* & an*ar* o p!r ormanin "u*!* in (! )ro&& 5ook $a"u!, !in r!a&! in apa i 07

&p! i a""0 ! "u*!& a oun in)!& a ! *!$!"op!r& rom i & & op

&u5&!8u!n ! p!n*i ur!& r!"a !* i !m o !* a&&! ar! api a"i&

(!0 in r!a&! (! u ur! 5!n! & ! i& in) a&&! 5!0on* i & pr!$iou

a&&!&&!* & an*ar* o p!r orman

IAS-16

Un*!r IAS 16, i &u5&!8u!n o& & ar!in urr!* or r!p"a !m!n o a par o ani !m o !* a&&! &, &u ( o& & ar!r!8uir!* o 5! api a"i9!* an*&imu" an!ou&"0 (! r!p"a !* par (a& o 5!*!- api a"i9!*7

*o!& no ! "u*! &u ( *!$!"op!r& rom i && op!

ini ia" o& & a& 2!"" a& (! &u5&!8u!no& & ar! !$a"ua !* on (! &am!

r! o)ni ion prin ip"!& o *! !rmin!2(! (!r (! &am! &(ou"* 5! r! o)ni&!* a&

an i !m o prop!r 0, p"an an* !8uipm!n 7


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IAS-16 AS-10

r!8uir!& (a (! o& o ma+or in&p! ion&&(ou"* 5! api a"i&!* 2i ( on&!8u!n*!r! o)ni ion o an0 r!mainin) arr0in)amoun o (! o& o (! pr!$iou&in&p! ion7

*o!& no r!8uir! (a (! o& o min&p! ion& &(ou"* 5! api a"i9!*

pro$i*!& (a )ain& ari&in) on *!r! o)ni ion

o an i !m o prop!r 0, p"an an* !8uipm!n&(ou"* no 5! r!a !* a& r!$!nu!

&i"!n on (i& a&p! 7

&p! i a""0 & a !& (a (! o& o a5norma"amoun & o 2a& !* ma !ria", "a5our, oro (!r r!&our !& in urr!* in (! on& ru iono an a&&! i& no in "u*!* in (! o& o (!a&&!

2(i"! *!a"in) 2i ( &!" - on& ru !*a&&! & *o!& no m!n ion (! &am


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F AT


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INT GRA: FOR IGN OP RAT


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PROC DUR FO::O; D IN INCORPORFINANCIA: STAT NTS OF NIFO IN R P


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DISC:OS


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AS-11 VS

IAS-21 AS-11

! "u*!& rom i & & op! or2ar* ! (an)!on ra & an* o (!r &imi"ar nan ia"

in& rum!n &7, 2(i ( ar! r!a !* ina or*an ! 2i ( In* AS 3< Finan ia"In& rum!n &= R! o)ni ion an* !a&ur!m!n 7

*o!& no mak! &u ( ! "u&ion7

5a&!* on (! un iona" urr!n 0 approa ( 5a&!* on in !)ra" or!i)n op!ra ion& an*non-in !)ra" or!i)n op!ra ion& appr

pr!&!n a ion urr!n 0 an 5! *i>!r!n rom"o a" urr!n 0 an* i )i$!& *! ai"!* )ui*an !on (i&

*o!& no ! p"i i "0 & a !& &o


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R COGN


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T?ODS OF PR S NTAT


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R


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AS-1# VS IFRS (IAS) Indian Standard

IAS )i$!& an op ion o m!a&ur! non-mon! ar0)o$!rnm!n )ran & !i (!r a (!ir air $a"u! or anomina" $a"u!

In* AS r!8uir!& m!a&ur!m!n o &u ( )raa (!ir air $a"u!

IAS )i$!& an op ion o pr!&!n (! )ran & r!"a !* oa&&! &, in "u*in) non-mon! ar0 )ran & a air $a"u!in (! 5a"an ! &(!! !i (!r 50 &! in) up (! )rana& *! !rr!* in om! or 50 *!*u in) (! )ran inarri$in) a (! arr0in) amoun o (! a&&!

In* AS r!8uir!& pr!&!n a ion o &u ( )ra5a"an ! &(!! on"0 50 &! in) up (! )ran*! !rr!* in om!

R!8uir!m!n & r!)ar*in) pr!&!n a ion o )ran &r!"a !* o in om! in (! &!para ! in om!& a !m!n , 2(!r! &!para ! in om! & a !m!n i&pr!&!n !* un*!r para)rap( #


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:IA% C(an)! in nom!n "a ur! - @Sour !& o Fun*& (a& 5!!n r!p"a !* 2i ( @ 8ui 0 B

:ia5i"i i!& on!0 r! !i$!* a)ain& S(ar! ;arran & (a& 5!!n &p! i a""0 a !)ori&!* a& &u5-(!a* un*!r @S(ar!(o"*!r& Fun*& S(ar! Capi a" . Compan0 2ou"* n!!* o &(o2 in &u5-(!a* S(ar!& (!"* mor! (an

' in ompan0 a"on) 2i ( num5!r o &(ar!& Un*!r (!a* R!&!r$!& an* Surp"u&, n!2 &u5-(!a*& (a$! 5!!n a**!* i7!7 D!5!n ur!

R!*!mp ion R!&!r$!, R!$a"ua ion R!&!r$! B S(ar! Op ion Ou & an*in) A oun D!5i %a"an ! o PB: AE &(a"" no2 5! &(o2n a& n!)a i$! )ur! un*!r (!a*

Surp"u& S(ar! App"i a ion on!0 p!n*in) A""o m!n &(a"" no2 5! &(o2n &!para !"0 un*!rS(ar!(o"*!r& Fun*& :ia5i"i i!& 2i"" no2 5roa*"0 5! "a&&i !* a&

Curr!n :ia5i"i i!& B Non Curr!n :ia5i"i i!&

D! !rr!* pa0m!n "ia5i"i i!& an* "oan& B a*$an !& rom r!"a !* par i!& o 5!&(o2n &!para !"0 un*!r (!a* @:on) !rm %orro2in)& 7

Pro$i&ion& o 5! "a&&i !* a& S(or T!rm Pro$i&ion& B :on) T!rm Pro$i&ion&


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AS C(an)! in nom!n "a ur! - @App"i a ion O Fun*& (a& 5!!n r!p"a !* 2i ( @A&&! & Fi !* A&&! & o 5! ur (!r "a&&i !* a&

Tan)i5"! Non-Tan)i5"!

Curr!n A&&! & ar! o 5! &(o2n un*!r &!para ! (!a*7 ;(i"! a" u"a in) @Gro&& %"o k a 0!ar !n*, @A 8ui&i ion& (rou)( %u&in!&& Com5ina

in "u*!* in ompu a ion In$!& m!n & arri!* a o (!r (an o& &(ou"* 5! &!para !"0 & a !* &p! i 0in) (! 5a&i&

$a"uin) (!m @Sun*r0 D!5 or& (a$! no2 5!!n nam!* @Tra*! R! !i$a5"!& @Ca&( an* %ank %a"an !& (a$! no2 5!!n !rm!* a& @Ca&( an* Ca&( 8ui$a"!n & 7C"a&&i a ion un*!r (i& (!a* (a& 5!!n omp"! !"0 r!$amp!*7 In$!n ori!& . Goo*& in ran&i &(a"" 5! *i& "o&!* un*!r (! r!"!$an &u5-(!a* o in$!n ori!& i& ! p!n*i ur! o (! ! !n no 2ri !n o> or a*+u& !* &(a"" no2 no 5! &(o2n &!para

un*!r (!a* @O (!r Curr!n A&&! & T(! amoun o Propo&!* Di$i*!n* o 5! *i& ri5u !* o &(ar!(o"*!r& !8ui 0 an* pr! !r!n !

(! p!rio* an* amoun p!r &(ar! o 5! *i& "o&!* &!para !"0


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C?ANG S IN PROFIT B :OSS Un*!r (!a* @O (!r In om! - N! )ainE"o&& on or!i)n urr!n 0

ran&"a ion an* ran&a ion o (!r (an nan ! o& &(a"" 5! *i& "&!para !"07 mp"o0!! 5!n! ! p!n&! &(a"" *i& "o&! a**i iona""0 ! p!n&! on a ou

o mp"o0!! & o k op ion & (!m! SOP Fo""o2in) &(a"" no2 5! *i& "o&!* &!para !"0 . Pro$i&ion or "o&& o Su5&i*iar0 ompani!&

N! "o&& on &a"! o In$!& m!n & D! ai"& o ! !p iona" an* ! raor*inar0 i !m& Prior P!rio* i !m& A*+u& m!n o arr0in) amoun o in$!& m!n &

A n!2 orma (a& 5!!n i&&u!* or a ! r!por in) o Pro B :o&& AE 7


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I PACT OF R VISION IN SC? D


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THANK YOU!

accounting standards_10_11_12_group 4.ppt

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