Ind AS
Who must follow Ind AS, moving from Indian GAAP, and the key standards on leases, financial instruments and revenue.
Guides
- Ind AS: applicability, key standards and transitionIndian Accounting Standards (Ind AS) are converged with IFRS and prescribed under the Companies (Indian Accounting Standards) Rules, 2015. This guide covers who must follow them, how they...Reviewed 16 October 2026
- Expected credit loss on trade receivables (Ind AS 109)How to apply the simplified approach and a provision matrix, with a worked example.Reviewed 16 October 2026
Common questions
Applicability and transition
Key standards
- What is expected credit loss under Ind AS 109, and how is it calculated for receivables?
- What are the basics of revenue recognition under Ind AS 115?
- How does a tenant account for a lease under Ind AS 116?
All Ind AS questions, with short answers
Calculators
- Lease calculatorInd AS 116 liability and asset
- Effective interest rateInd AS 109 amortised cost
- Expected credit lossProvision matrix for receivables
- Applicability checkersInd AS and BRSR
Updates
- Does Ind AS apply to your company?Ind AS applies to listed companies and to unlisted companies with a net worth of ₹250 crore or more, together with their holding, subsidiary, associate and joint-venture companies. How to check.10 October 2026
- Three questions before you move to Ind ASDoes Ind AS apply to you or your group? What will change in your numbers? Who will prepare opening balances and comparatives? Answering these early keeps the transition on schedule.28 September 2026