High Scorer Issues In Financial Reporting B Com 6th Semester PU Chandigarh
High Scorer Issues In Financial Reporting B Com 6th Semester PU Chandigarh
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Introducing High Scorer's Issues in Financial Reporting by CA Rahul Choudhary, published by Mohindra Publishing House, a must-have for B.Com 3rd year students in their 6th semester at Panjab University, Chandigarh. This comprehensive book addresses key challenges in financial reporting, featuring extensively solved questions chapter-wise to enhance understanding and exam readiness.
Discover the essential resource for B.Com 3rd year students enrolled in the 6th semester at Panjab University, Chandigarh. Introducing High Scorer's Issues in Financial Reporting, a meticulously crafted book by the esteemed CA Rahul Choudhary, published by Mohindra Publishing House. This comprehensive guide addresses the intricate world of financial reporting, designed specifically to empower students with the knowledge and tools they need to excel in their examinations.
This book offers a deep dive into pivotal concepts and challenges in financial reporting, making it an invaluable asset for anyone preparing for their upcoming assessments. Each chapter provides a thorough exploration of key topics within the realm of financial reporting, ensuring that students are well-versed with both foundational and contemporary issues. The penultimate goal is to demystify complex theories and practical applications, allowing students to grasp the nuances that define modern financial practices.
The text is structured to cover the significant themes of financial reporting, starting with an overview of its nature and objectives. From there, students will engage with the conceptual frameworks as laid out by influential bodies such as FASB and IASB. The book explores essential disclosure requirements of IFRS and delves into advanced topics such as price level accounting and human resource accounting, presenting them in an accessible manner.
Furthermore, High Scorer's Issues in Financial Reporting dives into crucial standards like Ind AS-108 concerning operating segments and Ind AS-34 for interim financial reporting, guiding students through the latest regulatory frameworks shaping the landscape of accounting today. With comprehensive insights into aspects like Ind AS-17 on leases and Ind AS-38 surrounding intangible assets, the book ensures students are equipped with pertinent information that aligns with current examination standards.
A unique feature of this book is its inclusion of fully solved questions chapter-wise, which provides students with practical examples and a varied approach to problem-solving. This content is invaluable for those seeking to not only learn the material but also to apply their knowledge effectively in an examination setting.
The book is authored by CA Rahul Choudhary, an esteemed professional with expertise in financial reporting.
Q2
What topics are covered in this book?
A2
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.
Q3
Does this book include solved questions?
A3
Yes, the book includes fully solved questions chapter-wise, which provides students with practical examples and diverse approaches to problem-solving.
Q4
What are the learning objectives of the syllabus?
A4
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.
Q5
What curriculum does this book align with?
A5
This book is aligned with the latest curriculum of Punjab University.
Q6
Can this book assist with examination preparation?
A6
Absolutely! The comprehensive coverage of key topics, along with solved questions, makes this book an excellent resource for students preparing for their examinations.
Q7
Are there any prerequisites for understanding the content in this book?
A7
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.
Q8
Are there any innovative learning features in the book?
A8
The book combines theoretical concepts with practical applications, along with solved case studies and questions designed to enhance learning and comprehension.
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Table of content
1.Financial reporting:Nature and objectives
2.Conceptual framework:FASB & IASB
3.International accounting standard board(IASB)
4.Disclosure requirements of IFRS
5.Price level accounting
6.Human resource accounting
7.Social accounting
8.Ind AS-108 operating segment
9.Ind AS-34 interim financial reporting
10.Ind AS-17 Leases
11.Ind AS-38 intangible assets
12.Comparison between indian GAAP,US GAAP and IFRS
13.Recent trends in financial reporting:indian context
solved paper
Objectives: The main objective of this subject is to provide knowledge to the students about
developments in financial reporting, and understanding of reporting issues at the national and
international level.
Unit I
Financial reporting: Nature and Objectives, Benefits, Users of Financial Reports. General
Purpose and Specific Purpose Report. Qualitative Characteristics of Accounting Information.
Conceptual Framework of Financial Reporting: FASB and IASB
International Financial Reporting Standards (IFRS): Role of IASB, Arguments for Global
Conversion. Achievements of IASB and Obstacles in Conversion. Required Disclosures as per
IFRS.
Unit II
Issues in Corporate Financial Reporting - Accounting for Changing Price Level, Social
Reporting, Human Resource Accounting.
Indian Accounting Standard with reference to Segment Reporting, Interim Reporting, Leases and
Intangible Assets.
Difference between IFRS and Indian Accounting Standards. US GAAP.
Recent Trends in Financial Reporting in the Indian context.
Discover the essential resource for B.Com 3rd year students enrolled in the 6th semester at Panjab University, Chandigarh. Introducing High Scorer's Issues in Financial Reporting, a meticulously crafted book by the esteemed CA Rahul Choudhary, published by Mohindra Publishing House. This comprehensive guide addresses the intricate world of financial reporting, designed specifically to empower students with the knowledge and tools they need to excel in their examinations.
This book offers a deep dive into pivotal concepts and challenges in financial reporting, making it an invaluable asset for anyone preparing for their upcoming assessments. Each chapter provides a thorough exploration of key topics within the realm of financial reporting, ensuring that students are well-versed with both foundational and contemporary issues. The penultimate goal is to demystify complex theories and practical applications, allowing students to grasp the nuances that define modern financial practices.
The text is structured to cover the significant themes of financial reporting, starting with an overview of its nature and objectives. From there, students will engage with the conceptual frameworks as laid out by influential bodies such as FASB and IASB. The book explores essential disclosure requirements of IFRS and delves into advanced topics such as price level accounting and human resource accounting, presenting them in an accessible manner.
Furthermore, High Scorer's Issues in Financial Reporting dives into crucial standards like Ind AS-108 concerning operating segments and Ind AS-34 for interim financial reporting, guiding students through the latest regulatory frameworks shaping the landscape of accounting today. With comprehensive insights into aspects like Ind AS-17 on leases and Ind AS-38 surrounding intangible assets, the book ensures students are equipped with pertinent information that aligns with current examination standards.
A unique feature of this book is its inclusion of fully solved questions chapter-wise, which provides students with practical examples and a varied approach to problem-solving. This content is invaluable for those seeking to not only learn the material but also to apply their knowledge effectively in an examination setting.
Table of content
1.Financial reporting:Nature and objectives
2.Conceptual framework:FASB & IASB
3.International accounting standard board(IASB)
4.Disclosure requirements of IFRS
5.Price level accounting
6.Human resource accounting
7.Social accounting
8.Ind AS-108 operating segment
9.Ind AS-34 interim financial reporting
10.Ind AS-17 Leases
11.Ind AS-38 intangible assets
12.Comparison between indian GAAP,US GAAP and IFRS
13.Recent trends in financial reporting:indian context
The book is authored by CA Rahul Choudhary, an esteemed professional with expertise in financial reporting.
Q2
What topics are covered in this book?
A2
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.
Q3
Does this book include solved questions?
A3
Yes, the book includes fully solved questions chapter-wise, which provides students with practical examples and diverse approaches to problem-solving.
Q4
What are the learning objectives of the syllabus?
A4
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.
Q5
What curriculum does this book align with?
A5
This book is aligned with the latest curriculum of Punjab University.
Q6
Can this book assist with examination preparation?
A6
Absolutely! The comprehensive coverage of key topics, along with solved questions, makes this book an excellent resource for students preparing for their examinations.
Q7
Are there any prerequisites for understanding the content in this book?
A7
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.
Q8
Are there any innovative learning features in the book?
A8
The book combines theoretical concepts with practical applications, along with solved case studies and questions designed to enhance learning and comprehension.
Objectives: The main objective of this subject is to provide knowledge to the students about
developments in financial reporting, and understanding of reporting issues at the national and
international level.
Unit I
Financial reporting: Nature and Objectives, Benefits, Users of Financial Reports. General
Purpose and Specific Purpose Report. Qualitative Characteristics of Accounting Information.
Conceptual Framework of Financial Reporting: FASB and IASB
International Financial Reporting Standards (IFRS): Role of IASB, Arguments for Global
Conversion. Achievements of IASB and Obstacles in Conversion. Required Disclosures as per
IFRS.
Unit II
Issues in Corporate Financial Reporting - Accounting for Changing Price Level, Social
Reporting, Human Resource Accounting.
Indian Accounting Standard with reference to Segment Reporting, Interim Reporting, Leases and
Intangible Assets.
Difference between IFRS and Indian Accounting Standards. US GAAP.
Recent Trends in Financial Reporting in the Indian context.
Classic Literature Reimagined: Discuss modern twists on classic novels.
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dolore magna aliqua. Utenim ad minim veniam, quis nostrud exercitation
ullamco
Lorem ipsum dolor sit amet, consecte...
Classic Literature Reimagined: Discuss modern twists on classic novels.
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed
do
eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim
veniam, quis nostrud exercitation ullamco Lorem ipsum dolor sit amet,
consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et
dolore magna aliqua. Utenim ad minim veniam, quis nostrud exercitation
ullamco
Lorem ipsum dolor sit amet, consecte...
Classic Literature Reimagined: Discuss modern twists on classic novels.
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed
do
eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim
veniam, quis nostrud exercitation ullamco Lorem ipsum dolor sit amet,
consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et
dolore magna aliqua. Utenim ad minim veniam, quis nostrud exercitation
ullamco
Lorem ipsum dolor sit amet, consecte...