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Ind AS Lab (IFRS Solutions) app for iPhone and iPad


4.8 ( 3888 ratings )
Finance Education
Developer: Parag Kulkarni
Free
Current version: 1.1, last update: 6 years ago
First release : 22 Sep 2017
App size: 6.38 Mb

Ind AS Lab is E-learning portal on IFRS/ Ind AS

Free Access includes Videos on:
1. Ind AS Implementation Notification
2. Schedule III
3. Summary of some Ind AS

Paid Access includes following features:
1. Video Sessions (Explaining 800+ Flow Charts/ Stimulus)
2. IFRS Complied Annual Reports (Segregated into 20 different Industries)
3. E-Books on Ind AS (includes multiple case studies)
4. 400+ MCQs

You can buy All/ Any of the following Modules:
Module I – Presentation of Financial Statements
Module II – Revenue Recognition
Module III – Recognition and Measurement of Assets
Module IV – Disclosure Standards
Module V – Recognition and Measurement of Liabilities
Module VI – Fair Value Measurement
Module VII – Financial Instruments
Module VIII – Business Combinations & Consolidations
Module IX – Industry Based Standards
Module X – Foreign Exchange & Inflation
Module XI – First Time Adoption of Indian Accounting Standards

Following are details of each module:
Module I – Presentation of Financial Statements
Ind AS 1: Presentation of Financial Statements
Ind AS 7: Statement of Cash Flows
Ind AS 8: Accounting policies, changes in Accounting Estimates and Errors
Ind AS 10: Events after Reporting period
Ind AS 33: Earnings per share
Ind AS 34: Interim financial reporting

Module II – Revenue Recognition
Ind AS 11: Construction contracts
Ind AS 18: Revenue

Module III – Recognition and Measurement of Assets
Ind AS 2: Inventories
Ind AS 16: Property, Plant and Equipment
Ind AS 17: Leases
Ind AS 20: Accounting for government grants and disclosure of government assistance
Ind AS 23: Borrowing costs
Ind AS 36: Impairment of Assets
Ind AS 38: Intangible assets
Ind AS 40: Investment property
Ind AS 105: Non-Current assets held for sale and Discontinued operations

Module IV – Disclosure Standards
Ind AS 24: Related party disclosure
Ind AS 108: Operating segments

Module V – Recognition and Measurement of Liabilities
Ind AS 12: Income Taxes
Ind AS 19: Employee Benefits (Summary)
Ind AS 37: Provisions, Contingent liabilities and contingent assets
Ind AS 102: Share-based payments

Module VI – Fair Value Measurement
Ind AS 113: Fair Value Measurement (Live Online)
(Date & Time will be intimated to participants via email notification)

Module VII – Financial Instruments
Ind AS 32: Financial Instruments: Presentation (Live Online)
Ind AS 109: Financial Instruments (Live Online)
Ind AS 107: Financial Instruments: Disclosure (Live Online)
(Date & Time will be intimated to participants via email notification)

Module VIII – Business Combinations & Consolidations
Ind AS 27: Separate financial statements
Ind AS 28: Investment in Associates & Joint ventures
Ind AS 103: Business Combinations
Ind AS 110: Consolidated financial statements
Ind AS 111: Joint Arrangements
Ind AS 112: Disclosure of interest in other entities

Module IX – Industry Based Standards
Ind AS 41: Agriculture
Ind AS 106: Exploration for and Evaluation of Mineral resources (Summary)
Ind AS 104: Insurance contracts (Summary)
Ind AS 114: Regulatory Deferral accounts (Summary)

Module X – Foreign Exchange & Inflation
Ind AS 21: The effects of changes in Foreign exchange rates
Ind AS 29: Financial reporting in hyper-inflationary economies (Summary)

Module XI – First Time Adoption of Indian Accounting Standards
Optional Exemptions
Mandatory Exceptions
Detailed Commentary
You will be empowered to carry Implementations after undergoing this detailed session

You can also buy our E-books:
Ind AS 2: Inventories
Ind AS 7: Statement of Cash Flows
Ind AS 8: Accounting policies, changes in Accounting Estimates and Errors
Ind AS 10: Events after Reporting period
Ind AS 12: Income Taxes
Ind AS 16: Property, Plant and Equipment
Ind AS 17: Leases
Ind AS 18: Revenue
Ind AS 21: The effects of changes in Foreign exchange rates
Ind AS 23: Borrowing costs
Ind AS 24: Related party disclosure
Ind AS 36: Impairment of Assets
Ind AS 101: First Time Adoption of Ind AS
Ind AS 102: Share-based payments
etc.