Practical Guide to Ind AS & IFRS: As Amended by The Companies (Indian Accounting Standards) Second Amendment Rules, 2025 with Detailed Illustrated Commentary on Ind AS 117 Insurance Contracts (11th Edition, 2026)

Practical Guide to Ind AS & IFRS is an authoritative and extensively updated publication authored by renowned accounting expert CA. Kamal Garg. Published by Bharat Publications, this 11th Edition (2026) incorporates all amendments introduced through the Companies (Indian Accounting Standards) Second Amendment Rules, 2025, ensuring readers have access to the latest developments in financial reporting and accounting standards.The book provides an in-depth discussion of every notified Ind AS along with practical implementation guidance, helping professionals understand complex accounting concepts with ease. Featuring nearly 3,000 illustrations, examples, and case studies, it bridges the gap between theoretical standards and real-world application. The publication includes comprehensive guidance on the preparation and presentation of financial statements under Schedule III, accounting for financial instruments, consolidation principles, Section 8 subsidiary reporting, and commonly observed compliance issues in Ind AS financial statements.A key highlight of this edition is its detailed illustrated commentary on Ind AS 117 – Insurance Contracts, offering practical insights into one of the most significant accounting standards affecting the insurance industry. The book also covers ITFG clarifications, material accounting policy disclosures, and emerging accounting issues, including cryptocurrency accounting.Whether you are a practicing CA, auditor, CFO, finance manager, consultant, or accounting student, this book serves as an indispensable resource for mastering Ind AS and IFRS compliance.