International Accounting Standards (AS)

🎉 Welcome to the International Accounting Standards (AS) Course! 🌟

Embark on a comprehensive journey into the world of Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS), the cornerstones of financial reporting for companies globally. Whether you're aiming to become a Chartered Accountant (CA), a Certified Financial Analyst (CFA), or simply looking to deepen your understanding of accounting standards, this course by Uplatz Training is tailored for you!

Course Overview 📊

Accounting Standards (AS) are the bedrock of financial transparency and reliability. They provide a consistent framework that ensures financial statements are prepared in a manner that allows stakeholders to understand the true financial position of a company. These standards cover everything from assets, liabilities, and revenue to expenses and shareholder's equity.

Key Characteristics of Accounting Standards 🔍

• Common Framework: A set of principles, standards, and procedures that define the basis of financial accounting policies and practices globally.
• Comprehensive Scope: Applies to all aspects of a company's finances, ensuring a holistic view of its financial health.
• Reliability and Relevance: Essential for banks, investors, and regulatory agencies to make informed decisions based on accurate information.

Course Syllabus 📚

Our in-depth training covers:

1. Introduction to AS - Understanding the foundation of accounting standards.
2. Applicability of AS - Learning where and how these standards are applied.
3. Detailed Analysis of Each Standard - From AS 1 to AS 29, we dive deep into each standard, exploring:
   • Objectives
   • Scope
   • Definitions
   • Reconciliations
   • Measurement
   • Disclosures (and much more!)

Standards Covered in the Course 🏗️

• AS 1: Disclosure of Accounting Principles
• AS 2: Valuation of Inventories
• AS 3: Cash Flow Statements
• AS 4: Contingencies and Events Occurring After the Balance Sheet Date
• AS 5: Net Profit or Loss for the Period, Prior Period Items and Changes in Accounting Policies
• AS 7 (Revised 2002): Construction Contracts
• AS 9: Revenue Recognition
• AS 10: Property, Plant, and Equipment
• AS 11 (Revised 2003): The Effects Of Changes In Foreign Exchange Rates
• AS 12: Accounting for Government Grants
• AS 13: Accounting for Investments
• AS 14: Accounting for Amalgamations
• AS 15 (Revised 2005): Employee Benefits
• AS 16: Borrowing Costs
• AS 17: Segment Reporting
• AS 18: Related Party Disclosures
• AS 19: Leases
• AS 20: Earnings Per Share
• AS 21: Consolidated Financial Statements
• AS 22: Accounting for taxes on income
• AS 23: Accounting for Investments in Associates in Consolidated Financial Statements
• AS 24: Discontinuing Operations
• AS 25: Interim Financial Reporting
• AS 26: Intangible Assets
• AS 27: Financial Reporting of Interests in Joint Ventures
• AS 28: Impairment of Assets
• AS 29: Provisions, Contingent Liabilities and Contingent Assets

Why Choose This Course? 🏆

• Expert Tutors: Learn from seasoned professionals with years of experience in accounting standards.
• Flexible Online Learning: Study at your own pace, wherever you are.
• Practical Application: Reinforce your knowledge with real-world case studies and exercises.
• Comprehensive Coverage: Get a thorough understanding of all the key AS standards.
• Certification & Career Advancement: Equip yourself with the knowledge to pass CA, CFA, or other accounting certifications and advance your career in finance and accounting.

Enroll now and take a significant step towards mastering the International Accounting Standards! 🎓💼🚀

Your journey to understanding accounting standards starts here with Uplatz Training. Let's unlock the secrets of financial reporting together! ✨