Commercial’s Padhuka’s Students Guide on Financial Reporting for CA Final New Syllabus by G SEKAR & B SARAVANA PRASATH Applicable for Nov 2022 & May 2023
Complete Coverage of the CA Final Syllabus. Content Update on Schedule III with more practical Questions. Summary of all Accounting Standards. Summary of Comparison with IFRS/US GAAP. Coverage of Guidance Notes issued by ICAI. Use of Diagram, Tables and Flowcharts for Concept Clarity. Solved IIIustrations to meet Professional Exams requirements. All Latest Exam and RTP Questions Covered. Effective Learning and Easy Revision. Complete coverage of Ind AS applicable for CA Final.
- Complete Coverage of the CA Final Financial Reporting New Syllabus
- Effective Coverage of all Ind AS principles along with Numerical and Concept Illustrations
- Content Update on Schedule III with Practical Questions and Presentation Guidelines
- Coverage of Guidance Notes on Accounting Matters, issued by the ICAI, as per Syllabus
- Use of Diagrams, Tables and Flowcharts for higher clarity of concepts
- Solved Illustrations as guidance to the Student on how to present answers in Professional Exams
Highlights of this Book
- Complete Coverage of the CA Final Syllabus
- Content Update on Schedule III with more practical Questions
- Summary of all Accounting Standards
- Summary of Comparison with IFRS/US GAAP
- Coverage of Guidance Notes issued by ICAI
- Use of Diagram, Tables and Flowcharts for Concept Clarity
- Solved IIIustrations to meet Professional Exams requirements
- All Latest Exam and RTP Questions Covered.
- Effective Learning and Easy Revision
- Complete coverage of Ind AS applicable for CA Final.
The Authors wish to state certain key aspects to assist Students in their preparation
- Accounting is an art, and confidence can be gained by practicing reasonable number of Illustrations in every area with full in involvement. Mere reading as to how a question is solved in The Textbook will not be sufficient.
- Procedure I Principle for treating specific items, e.g. elimination of unrealised profits in Consolidation process, etc. should be remembered. In any question, the procedure I principle Remains the same, only numbers differ. Good Memory of Principles is starting point for better Control and grasp over the concepts
- In areas like Amalgamation, Consolidation, etc. adjustments arc made to two tallied Balance Sheets. If Debit and Credit Principles are taken care of and considered properly, the final I Revised Balance Sheet can be easily drawn. There is no question of Balance Sheet not tallying, etc
- Reasonable Assumptions (within the scope of the question) can be made in appropriate situations, And it is not necessary to re-solve the question under the alternative assumption in all cases
About the Author:
G.Sekar is a Chartered Accountant in practice for the last 30 years. Founder and Faculty for Direct Taxation in Shree Guru Kripa s Institute of Management, an Institution providing education for all level and all subjects of the Chartered Accountancy Course and has trained many finance professionals. Member-Central Council of ICAI-2013-16&2016-19 Chairman Direct Taxes Committee of ICAI 2014 Recently nominated as Member of Consultative Advisory Group (CAG) of the prestigious International Accounting Education Standards Board (IAESB) It is worthy to note that he is the First Indian to be part of the CAG. Great Motivator for Chartered Accountants in Practice and in Employment, and CA Students, through his effective and convincing communication style.
B. Saravana Prasath is a graduate in Commerce and a Fellow Member of the Institute of Chartered Accountants of India. He secured Fourth Rank in the Madras University in his Graduation Examinations. He did his Chartered Accountancy Articleship training under the tutorship of Shri G. Sekar FCA. He secured the First Rank in the Chartered Accountancy Final Examinations, securing 76% in the aggregate. He also secured the Third Rank in the Intermediate Examinations and Tenth Rank in the Foundation Examinations.His academic performance includes 99% in CA Final Accounting Paper and 96% in CA Intermediate Auditing Paper.