Articles by CA Sumit Sarda

CA Final FR Nov 20 Exam Paper Analysis

Posted by CA Sumit Sarda 28 November 2020 23192 Views

An in-depth analysis of the CA Final Financial Reporting paper for Nov 20 exams. Understand question patterns, key topics, and marks distribution.

Ind AS Accounting Impact of Coronavirus Explained

Posted by CA Sumit Sarda 26 December 2020 4559 Views

Understand the accounting impact of Coronavirus on your business under Ind AS. Learn about going concern, credit loss, asset impairment & more.

Ind AS 105: Discontinued Operations Accounting Explained

Posted by CA Sumit Sarda 16 August 2020 5096 Views

Understand Ind AS 105 for discontinuing business segments. Learn accounting treatment, presentation, and disclosure for assets held for sale.

Ind AS for Banks: Key Differences & Financial Reporting

Posted by CA Sumit Sarda 11 August 2020 6285 Views

Discover how Ind AS applies to banks, focusing on financial instruments, impairment, and classification. Understand the unique reporting challenges for banks.

Analysis of CA Final FR New Syllabus Nov'19 paper

Posted by CA Sumit Sarda 06 May 2020 12988 Views

Analysis of CA Final FR New Syllabus Nov'19 paper by CA Sumit Sarda

Analysis of CA Final FR Old Syllabus Nov'19 paper

Posted by CA Sumit Sarda 05 November 2019 60564 Views

Analysis of CA Final FR Old Syllabus Nov'19 paper by CA Sumit Sarda

Provision for decommissioning Ind AS 37

Posted by CA Sumit Sarda 12 January 2020 18815 Views

When a company acquires certain types of Tangible Asset under Ind AS 16, it sometimes has an obligation to remove these assets after the end of their useful liv...

Analysis of Financial Reporting (CA Final - Old / New) Paper May'19

Posted by CA Sumit Sarda 27 November 2019 31120 Views

Analysis of FR CA Final Old syllabus paperThe paper has been lengthy and compared to previous 2 attempts has been difficult. This time ICAI asked questions in w...

How to identify an intangible asset and capitalize?

Posted by CA Sumit Sarda 05 November 2019 11031 Views

Para 8 of Ind AS 38 specifies that �An intangible asset is an identifiable non-monetary asset without physical substance.�Also as per para 8 �

How to determine fair value hedge or cash flow hedge under Ind AS 109

Posted by CA Sumit Sarda 10 May 2019 19541 Views

Hedge accounting as covered under Para 6 of Ind AS 109 needs to determine the TYPE of hedge relationship that an entity is dealing with because the type of hedg...