Vikas Sharma

Ind AS 29, Financial Reporting in Hyperinflationary Economies: when an economy is hyperinflationary, restating historical cost statements with a general price index, the gain or loss on the net monetary position and disclosures4 Oct 2026 Analysing Ind AS financial statements: what a reviewer checks in presentation, accounting policies, classification and disclosures, and the errors found most often, with a worked review4 Oct 2026 The equity method under Ind AS 28: significant influence, the one-line investment, share of profit and other comprehensive income, dividends, unrealised profits, losses beyond the investment and impairment, with a worked example4 Oct 2026 Changes in ownership under Ind AS 110: buying or selling a stake without losing control as an equity transaction, and the gain or loss when control is lost, with a worked example4 Oct 2026 Consolidation procedure under Ind AS 110: combining line by line, eliminating the investment against equity, goodwill, non-controlling interests, intra-group balances and unrealised profit, with a worked example4 Oct 2026 Assessing control under Ind AS 110: power, exposure to variable returns and the link between them, substantive and protective rights, de facto control, potential voting rights and agents, with worked cases4 Oct 2026 Hedge accounting under Ind AS 109: hedging instruments and hedged items, the qualifying criteria, fair value and cash flow hedges, the cash flow hedge reserve, rebalancing and discontinuation, with a worked example4 Oct 2026 Derecognition under Ind AS 109: the steps for financial assets, transfer of risks and rewards, control and continuing involvement, and extinguishment or modification of a financial liability with the 10 per cent test, with a worked example4 Oct 2026 Derivatives and embedded derivatives under Ind AS 109: the three-part definition, measurement at fair value through profit or loss, hybrid contracts and the test for separating an embedded derivative, with a worked example4 Oct 2026 Equity or financial liability under Ind AS 32: the contractual obligation test, the fixed-for-fixed test, preference shares, compound instruments and the split of a convertible debenture, with a worked example4 Oct 2026 Expected credit loss under Ind AS 109: the general approach in three stages, significant increase in credit risk, the simplified approach for trade receivables and a provision matrix, with a worked example4 Oct 2026 Classification and measurement of financial assets under Ind AS 109: the business model test, the SPPI test, amortised cost, FVOCI and FVTPL, the effective interest method and reclassification, with a worked example4 Oct 2026