Notes

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

Ind AS 10: Events After the Reporting Period
Ind AS 24: Related Party Disclosures
Ind AS 7: Statement of Cash Flows

Ind AS 1: Presentation of Financial Statements
Framework for Preparation & Presentation of Financial Statements

Integrated Reporting
Ind AS 101: First-Time Adoption of Ind AS

BY CA AJAY AGARWAL (AIR-1)
AIR1CA Career Institute (ACI)

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Ind As 16Revision Notes
Ind AS 16 - PPE

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Ind AS 38 – INTANGIBLE ASSETS

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Ind AS 40 – INVESTMENT PROPERTY

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Ajay AgarwalAS115- 1

Ind As 115Revision Notes
IND Revenue

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