Introduction to Indian Accounting Standards (Ind AS) - Part 2 | CA Final FR | CA Intermediate

Link to the video "Introduction to Accounting Standards - Part 1"    • Introduction to Accounting Standards - Par...   00:00:00 Introduction 00:00:38 Need for IFRS 00:03:15 Principles Vs Rules based 00:05:25 Brief History 00:07:47 Meaning of IFRS 00:09:02 What are Ind AS? Adoption and Convergence 00:12:05 How are Ind AS framed? 00:14:23 Who should follow Ind AS? 00:30:44 Net Worth & Phases (incl NBFC's,MF's) 00:48:59 Key points on Applicability 01:02:27 Key points - Group Companies 01:12:01 Key points - NBFC's 01:17:44 Joint Venture vs Joint Operation 01:20:19 Ind AS Notifications till date 01:21:44 Numbering 01:24:30 Differences between Ind AS & IFRS 01:31:00 Schedule III Divisions 01:33:35 Ind AS vs Law vs Schedule III