CA FINAL

Paper 1 : FINANCIAL REPORTING

CONCEPT
NOTES
(Relevant for MAY 2022
Exams)

These Concept Notes are prepared by CA AJAY AGARWAL (AIR-1). All concepts of CA Final
FR are covered in 214 pages. Refer these Notes alongwith the Question Bank and Lectures/Free
Revision Videos.
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 INDEX

FINANCIAL REPORTING
Chapter Name Page No.
Ind AS 16: Property, Plant & Equipment 1 – 15
Ind AS 38: Intangible Assets 16 – 21
Ind AS 40: Investment Property 22 – 24
Ind AS 115: Revenue from Contracts with Customers 25 – 53
Ind AS 116: Leases 54 – 72
Accounting and Reporting of Financial Instruments (Ind AS 109, 32, 107) 73 – 97
Ind AS 102: Share Based Payment 98 – 104
Ind AS 27: Separate Financial Statements 105
Ind AS 103: Business Combination and Corporate Restructuring 106 – 115
Consolidated Financial Statements (Ind AS 110, 28, 111) 116 – 130
Ind AS 12: Income Taxes 131 – 136
Ind AS 21: The Effects of Changes in Foreign Exchange Rates 137 – 141
Ind AS 36: Impairment of Assets 142 – 147
Ind AS 105: Non-Current Assets Held for Sale and Discontinued Operations 148 – 152
Ind AS 2: Inventories 153 – 156
Ind AS 19: Employee Benefits 157 – 163
Ind AS 33: Earnings Per Share 164 – 168
Ind AS 20: Accounting for Government Grants 169 – 171
Ind AS 34: Interim Financial Reporting 172 – 173
Ind AS 108: Operating Segments 174 – 177
Ind AS 113: Fair Value Measurement 178 – 179
Corporate Social Responsibility 180 – 181
Ind AS 23: Borrowing Costs 182 – 185
Ind AS 41: Agriculture 186 – 188
Ind AS 37: Provisions, Contingent Liabilities and Contingent Assets 189 – 191
Ind AS 8: Accounting Policies, Changes in Accounting Estimates and Errors 192 – 196
Ind AS 10: Events After the Reporting Period 197 – 198
Ind AS 24: Related Party Disclosures 199 – 200
Ind AS 7: Statement of Cash Flows 201 – 204
Ind AS 1: Presentation of Financial Statements 205 – 207
Framework for Preparation & Presentation of Financial Statements 208 – 209
Integrated Reporting 210 – 211
Ind AS 101: First-Time Adoption of Ind AS 212 – 214

BY CA AJAY AGARWAL (AIR-1)

AIR1CA Career Institute (ACI)
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Revision Notes Ind
Ind AS As 16
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 Ind AS 38 – INTANGIBLE ASSETS

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 Ind AS 40 – INVESTMENT PROPERTY

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 Ind As 115
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IND AS 115 - Revenue
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