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IND AS 1 - Presentation of Financial Statements

Key concepts on preparation of financial statements in India. The course includes clarification of most important concepts in practical scenario.

Best course on the IND AS 1 on the internet in Hindi

Why do a one-size-fits-all types of a course when you can access customized courses designed keeping you in mind. Experience the power of blended learning for your learning requirement. 

80 hours of Recorded Lectures

400+ professionally recorded videos. Yearly Subscription. Unlimited Views.

Sample Video

Live Sessions

Engage with the instructors through live sessions - Q&A sessions, Mock test discussions, etc

Sample Video

Workshops

At the end of the course, meet with your teacher and other students in week long workshops, clear doubts, network and find solutions. 

Learning Objectives

Ind AS 1 (Indian Accounting Standard 1) sets out the overall framework for the presentation of financial statements, including their structure, content, and format. The standard provides guidance on how to prepare financial statements that are fair, transparent, and representative of the financial position, performance, and cash flows of an entity. Some key aspects of Ind AS 1 are as follows:

- General requirements: Ind AS 1 sets out the general requirements for the presentation of financial statements, including the components of the financial statements, the basis of preparation, the use of accrual accounting, and the going concern assumption.  

- Structure and content: Ind AS 1 specifies the structure and content of the financial statements, including the balance sheet, income statement, statement of changes in equity, statement of cash flows, and notes to the financial statements.  

- Fair presentation: Ind AS 1 requires that financial statements present a true and fair view of the financial position, performance, and cash flows of an entity.  

- Comparability: Ind AS 1 requires that financial statements are comparable to those of previous periods and to those of other entities in the same industry.  

- Materiality: Ind AS 1 requires that financial statements disclose all material information that could affect the economic decisions of users.  

- Disclosure requirements: Ind AS 1 requires that financial statements disclose specific information, including accounting policies, judgments and estimates, related party transactions, contingencies, and capital management.

Features of the course

More than 2 hours of video lectures

Download PDFs, charts and images 

Check your knowledge of subject matter and topics through the progression of the course and get rated on your knowledge.

Book live classes and workshops on your course with the instructor for one-to-one guidance and coaching. 

Course Curriculum

About the Trainer

A class of its own

Amit Dharnia is a member of ACCA (UK) and Founder and CEO of Pramisha Business School and Viviana Business School. He is a highly sought-after ACCA trainer in India and abroad who specialises in IFRS & Ind AS and is well known for his rare incisive and clear interpretation of Indian and global accounting standards .

Prior to starting his own educational adventure he has worked as Director, Accounting Advisory Services & Head-Learning Solutions at BDO, India and has over 12 years of accounting advisory/CFO advisory & corporate training experience in various industries.  

Before joining BDO, he was one of the key members of IFRS learning solutions offered by KPMG in the period 2014 to 2016 when IFRS was the need of the hour for corporates and have been part of Ind AS implementation and consulting. He has also worked with Axis Risk Consulting (Genpact), TMF Group & Piron Corporation. His book "Ind AS Concepts in a Day" is quite popular among the CA students in India. He has delivered 1000's of sessions to finance and accounting professionals from various countries including India, UAE, Saudi Arabia, Nepal, Singapore, New Zealand, Nigeria, Oman, South Africa etc.

What All India Rank holders and others say about the instructor

"One of the best trainer for IFRS and awesome explanation for every standard in depth with example. Very helpful and easily approachable. Thanks a lot."

CA Yash Arora
Associate at BNP Paribas 

"I had taken your lectures for Dip.IFRS(UK) and found the lectures covering every standard in depth with clear explanations and examples. This helped my journey of learning easy."

Neha Hir
CA, CPA(USA)

"I studied from Amit Sir's lectures for Dip.IFR. His teaching style and years of experience makes each topic easy to comprehend. Logical reasoning and linking of each standard makes it easy to remember the concepts as well."

Rama Goyal
Chartered Accountant

"... I think apart from being an academic guide Amit is also a guide for your professional and other personal matters where he brings in insights from his wide experience both as a professional and an entrepreneur ..."

Tejbir Singh
Vice President, Investment Risk and Banking at Max Life Insurance

"An amazing professional, moreover a great mentor for me. Despite the fact that I had to start my studies from zero he was the one who motivated me to appear for the same and pushed me to achieve the goal. I referred the revision lectures shared by him which was very crisp and to the point. With God's grace  and his guidance I cleared by SBR exam in my first attempt. Very HIGHLY recommended professor..."

CA Vishal Gala
CA, Pursuing ACCA

" Amit sir you are the best/ always available for student resolve their queries. no concept is tough if taught by you. thanks sir.

CA Arti Jha
Deputy Manager Finanace, adda.com, Ex-NDTV

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