This 2022 Edition of I GAAP (Accounting Standards): A Practical Approach serves as a comprehensive and authoritative guide to the Indian Generally Accepted Accounting Principles, incorporating conceptual explanations, practical illustrations, and application guidance for professionals and students alike.

The book is designed to simplify complex accounting concepts while ensuring full coverage of the Accounting Standards and related guidance notes, updated as per the latest amendments till 31st July 2022, including consequential changes to Schedule III of the Companies Act, 2013.

The content spans:
• Lucid commentary with conceptual explanations and real-world examples
• Applicability and explanation of all relevant Guidance Notes
• Detailed commentary on recent amendments to Standards and related disclosure requirements
• Practical illustrations of financial statements based on Accounting Standards for corporates and non-corporates
• Comparative insights between old and amended provisions for ease of understanding
• Guidance on presentation and disclosure formats in line with latest legal requirements

Key features:
• Complete coverage of all applicable Indian Accounting Standards (I GAAP)
• In-depth analysis of amendments with practical application tips
• Includes illustrative financial statements for ready reference
• Covers disclosure requirements, compliance checklists, and reporting norms
• Presented in a clear, exam-friendly, and practitioner-oriented style

This book is ideal for:
• Chartered Accountants, Cost Accountants, and Company Secretaries
• Finance professionals involved in statutory reporting and audits
• Students of CA, CMA, and other professional courses
• Academics and trainers in accounting and financial reporting

By combining regulatory compliance with practical guidance, this edition stands as a one-stop reference for mastering the application of Indian GAAP in financial reporting.