Pooja Law Publishing Co. Treatise on Ind AS Explained with Practical Examples and MCQs By CA.(Dr.) Alok K.Garg Edition 2026

Description

Pooja Law Publishing Co. Treatise on Ind AS Explained with Practical Examples and MCQs By CA.(Dr.) Alok K.Garg Edition 2026

Pooja Law Publishing Co. Treatise on Ind AS by CA. (Dr.) Alok K. Garg 4th Edition May 2026

Pooja Law Publishing Co. Treatise on Ind AS by CA. (Dr.) Alok K. Garg 4th Edition May 2026

Key Features:

>  Covers Ind AS 117, Insurance Contracts

>  Comprehensive commentary with Conceptual Explanations, Case studies and Examples.

>  Lucid commentary on complex areas including Leases, Revenue, Financial Instruments, Business Combination, Consolidation, Share-Based Payment etc.

>  References to published disclosures of Listed Companies on major concepts of Ind AS.

>  Practical issues on Ind AS including analysis of ITFG bulletins and Education material.

>  Detailed comparison of Ind AS, Indian GAAP and IFRS.

>  More than 1,000 MCQs with detailed analysis covering all Ind AS.

>  FAQs on Overview and Applicability/ Roadmap for implementation of Ind AS including analysis of last amendments to Schedule III.

>  Updated with Latest Companies (Ind AS) Amendment Rules, 2025.

>  Useful for Professionals and Participants of Certificate course on Ind AS

About the Book

“Treatise on Ind AS” allows its readers to dive into the depth of Indian Accounting Standards (Ind AS) without getting stuck into the web of bare text. While Ind AS are ruling the nation of Indian accounting, the book comes to the rescue of those looking for conceptual clarity, application guidance, practical reference to listed companies, comparison of new set of standards with old and global set of standards. It shall act as a one-stop shop for all Ind AS related guidance.

In 2015, India transitioned to a globally aligned financial reporting framework with the introduction of Ind AS, which are based on the internationally accepted principles of IFRS issued by the IASB. This shift from Indian GAAP to Ind AS marked a significant milestone in the evolution of accounting in India, though its implementation has not been without challenges. The Ministry of Corporate Affairs (MCA) took several measures to ease the transition for stakeholders, including introducing a phased roadmap for implementation. To date, all listed companies (excluding banking and insurance companies) and many unlisted companies above the prescribed thresholds have adopted Ind AS. More recently, the IRDAI has introduced an Ind AS–based financial reporting framework for the insurance sector, effective from 1 April 2026, through its press release dated 30 March 2026. Consequently, accounting professionals and students continue to grapple with the evolving financial reporting landscape.

This book provides a complete guidance to its readers by offering a comprehensive commentary on each Ind AS explained with practical examples, case studies, FAQs on applicability or roadmap for implementation of Ind AS to answer most of the related questions. A detailed comparison of Ind AS, IGAAP and IFRS has been given to offer a broad outlook on what has changed and why, practical issues based on ITFG bulletins and educational material have been incorporated in order to provide guidance on exceptional accounting issues, more than 1,000 comprehensive multiple-choice questions have been added in order to allow readers to revise and test their understanding. The most interesting part of this book is the reference to Annual Reports of listed companies to give a real outlook on various complex concepts. In this book, the author has simplified the most complex Ind AS such as Ind AS 116 on Leases, Ind AS 115 on Revenue and other areas like Financial Instruments, Group Reporting and Share-based payments etc.

IASB keeps on reviewing IFRS and issues amendments from time-to-time in order to maintain relevance of accounting standards in the context of current market scenarios. ICAI, on the same line amends Ind AS in order to align with IFRS. This book covers all the amendments since inception, including the recent amendment notified by MCA in FY. 2025-26 along-with relevant examples and case studies.

It is immensely useful for CA, CS, CWA, CFOs, finance professionals, accountants, corporates and CA final students. The bank of more than 1,000 multiple choice questions also provides great help to participants of certificate course on Ind AS organized by ICAI.

It’s a treatise that inscribes the transfiguration of financial reporting framework in the Indian history of accounting giving its readers an in-depth insight on its each and every detail.

About the Author – CA. (Dr.) Alok K. Garg

Dr. Garg, a seasoned professional, is a Member of Institute of Chartered Accountants of India (ICAI) for almost 2 decades. He has been awarded with Honorary Doctorate by American East Coast University, New York, USA for his outstanding contribution in the field of finance by teaming up his Industry experience in the academic contribution on regular basis. He is currently working as an Associate Vice President – Finance and heading Financial Reporting and Internal Audit function of one of the largest listed Company.

Having completed his graduation in B.Com (Hons.) from University of Delhi in 2004, he also qualified the Company Secretary from Institute of Company Secretaries of India (ICSI) in the year 2008. He is a Diploma holder in IFRS from ACCA, United Kingdom, Certified Ind AS and Certified BRSR from ICAI. He is having a thorough experience in the field of Controllership including Financial Reporting and Consolidation, Internal Audit, Capex Controllership, Finance transformation and Auditing for more than 18 years. He has been associated with Indigo Airlines, Indus Towers (formerly Bharti Infratel), HSBC, IL&FS and consulting firms during his professional stint.

Dr. Garg is a prolific speaker, having delivered more than 900 lectures on IFRS, Ind AS, Accounting Standards, Schedule III, CARO and Auditing Standards across the country and outside at diverse platforms organized by various professional Institutes, Universities, and various committees, branches and study circles of ICAI. Few of his accolades during his professional stint are as follows:

• Nominated as a Special Invitee to the “Expert Advisory Committee of ICAI” for FY 2025-26.
• Nominated in the Accounting and Audit Committee of Bombay Chartered Accountant Society (BCAS) for FY 2025-26.
• Awarded with “National Education Leadership Award” by Ramanujan College, University of Delhi.
• Authored Four editions of “Treatise on Schedule III (A guide for preparation of Financial Statements)” published by Bharat Law House.
• Authored “Treatise on Ind AS (Explained with Practical Examples and MCQs)” (Three Editions) published by Bloomsbury India in 2020, 2021 & 2023.
• Co-authored a comprehensive book on Leases “Treatise on Leases (Covering Ind AS, IGAAP, IFRS and US GAAP)” published by Bloomsbury India.
• Co-authored a comprehensive book on Ind AS “An Insights into Indian Accounting Standards” with CA. Amarjit Chopra and CA. (Dr.) Sanjeev Singhal published by Wolters Kluwer
• Special invitee to Accounting Standard Board (ASB) of ICAI for FY 2019-20 and 2020-21.
• Lead member for review of the accounting standards drafted by ICAI for Bhutan.
• Awarded as Subject Matter Expert in the field of Financial Reporting during his career.
• Delivered various seminars/workshops organised by NIFM, Ministry of Finance and DPE, Ministry of Heavy Industries and iCISA, CAG of India.
• One of the best rated faculty for the Certificate course on Ind AS organised by ICAI.

1. Alok Garg is actively involved in professional contribution to the society in terms of imparting knowledge to fellow members and students at ICAI, ICSI and Various Universities and outside through his knowledge series & various articles published at various channels of print as well as social media. Few of his notable achievements, associations and deliberations are as follows:

• Special Invitee for Board of Studies (BoS) of ICAI for various initiatives:

–       Contributed extensively for development of study material on Financial reporting for new course of CA Final.

–       Delivered Lectures on Financial Reporting for CA Final and Accounting Standards for CA Inter on a recorded media and live virtual mode.

• Contributed as a core member of study group in finalisation of Educational Material on Ind AS 20.
• Delivered video lectures/webinars on Ind AS organized by CPE Committee of ICAI, ASB and Ind AS Committee of ICAI for the benefit of members.
• Penned number of articles on IFRS, Ind AS and Accounting Standards published in the various publications of ICAI.

He has a keen interest in travelling, listening to music and is very passionate about disseminating knowledge in the form of lecture delivery, authoring books and sharing his articles in leading publications. He is instrumental in giving back to the society and is very actively involved in mentorship of young professionals and students.