As we know, each Accounting Standard Hits a particular item (place) in the Balance sheet & Profit & Loss

Account. So, actually the concept here is to place the names o AS themselves in the Balance sheet & Profit & Loss Account for better understanding of areas of their effect. Next sheets provide a very basic & rough idea of the place(s) at which an AS affects . I very well know these sheets requires much updating, but as my CA Final Exams are very near (Nov 09), I can not spare much time for such updating at this time. This work is the result of only about 30 minutes effort so, I also personally feel that, a great quality can not be expected within such a short time span. I also request the knowledge rich masters of CAclubindia to pour their knowledge to better presentation/place(s)/concept.

m (place) in the Balance to place the names of for better understanding rough idea of the place(s) s much updating, but as e much time for such minutes effort so, I also thin such a short time

our their knowledge to

Fixed Assets

Investment

Current Assets Loans & Advances

Current Assets

Loans & Advances

Share Capital Reserves & Surplus Secured Loans Unsecured Loans Current Liabilities & Provisions
Current Liabilities Provisions

Assets Side
AS 10 Accounting for Fixed Assets (Tangible) AS 26 Intangible Assets AS 6 Depreciation Accounting AS 16 Borrowing Costs AS 12 Accounting for Government Grants AS 28 Impairment of Assets AS 5 Net Profit or Loss for the period,Prior Period Items and Changes in Accounting Policies AS 13 Accounting for Investments Also AS 23 Accounting for Investments in Associates in Consolidated Financial Statements AS 27 Financial Reporting of Interests in Joint Ventures Assets Loans & Advances
Current Assets

Stock - AS 2 Valuation of Inventories Debtors - AS 5 Net Profit or Loss for the period,Prior Period Items and Changes in Accounting Policies (fo
Loans & Advances

Liabilities Side

es & Surplus Revaluation Reserve - AS 6 Depreciation Accounting

Liabilities & Provisions

Current Liabilities Provisions

For Taxation - AS 22 Accounting for Taxes on Income For Contingencies - AS 4 Contingencies and Events Occuring after the Balance Sheet Date For PF & Staff Benefits - AS 15 (revised 2005) Employee Benefits

Income Side
From specific Business AS 7 Construction Contracts (revised 2002) AS 19 Leases From Other Income AS 12 Accounting for Government Grants General AS 9 Revenue Recognition AS 29 Provisions,Contingent` Liabilities and Contingent Assets (Contingent Gain)

Expenditure Side

AS 6 Depreciation Accounting AS 11 The Effects of Changes in Foreign Exchange Rates (revised 2003) AS 16 Borrowing Costs - Not capitalised AS 28 Impairment of Assets - Impairment Loss Provisions AS 4 Contingencies and Events Occuring after the Balance Sheet Date (For Contingen AS 22 Accounting for Taxes on Income

AS 5 Net Profit or Loss for the period,Prior Period Items and Changes in Accounting Po

Assets (Contingent Gain)

es (revised 2003)

ce Sheet Date (For Contingency Loss)

and Changes in Accounting Policies

This section will include all those AS which requires an Auditor to disclose somethi notes for non-compliace, differment etc. However following AS may be grouped und additional information section
AS 1 Disclosure of Accounting Policies AS 3 Cash Flow Statements AS 17 Segment Reporting AS 18, Related Party Disclosures AS 20 Earnings Per Share

r to disclose something by way of may be grouped under the notes &

AS 14 Accounting for Amalgamations AS 21 Consolidated Financial Statements AS 24 Discontinuing Operations AS 23 Accounting for Investments in Associates in Consolidated Financial Statements

Statements

AS 25 Interim Financial Reporting AS 27 Financial Reporting of Interests in Joint Ventures