The book is authored by CA Rahul Choudhary, an esteemed professional with expertise in financial reporting.
The book covers a wide range of topics, including financial reporting objectives, conceptual frameworks (FASB and IASB), IFRS disclosure requirements, price level accounting, human resource accounting, Indian Accounting Standards (Ind AS), and comparisons between Indian GAAP, US GAAP, and IFRS.
Yes, the book includes fully solved questions chapter-wise, which provides students with practical examples and diverse approaches to problem-solving.
The main objectives are to enhance students' knowledge about developments in financial reporting and provide an understanding of reporting issues at both national and international levels.
This book is aligned with the latest curriculum of Punjab University.
Absolutely! The comprehensive coverage of key topics, along with solved questions, makes this book an excellent resource for students preparing for their examinations.
While the book is structured to be accessible, a basic understanding of accounting principles and financial reporting will be helpful for students to grasp the concepts discussed.
The book combines theoretical concepts with practical applications, along with solved case studies and questions designed to enhance learning and comprehension.