Every AS number, explained for real accounting work.

Click any standard to understand its purpose, recognition and measurement logic, practical application, journal-entry pattern, close controls and reviewer questions—and use the new animated notes with Indian English or Hindi voiceover.

29 numbered explainersReal-world applicationsMonth-end controlsJournal-entry patternsOfficial source linksControlled animations

How to use the library

Start with the transaction—not the standard number.

An accounts professional should first understand the contract, operational event, system flow and reporting consequence. The relevant standard then helps determine recognition, measurement, presentation and disclosure.

Important numbering note: AS 6 and AS 8 are shown because professionals often encounter them in legacy files. Their pages clearly explain that they are withdrawn and direct the reader to AS 10 and AS 26.

AS 1Disclosure of Accounting PoliciesCurrent AS 2Valuation of InventoriesCurrent AS 3Cash Flow StatementsCurrent AS 4Contingencies and Events Occurring After the Balance Sheet DateCurrent AS 5Net Profit or Loss for the Period, Prior Period Items and Changes in Accounting PoliciesCurrent AS 6Depreciation AccountingWithdrawn AS 7Construction ContractsCurrent AS 8Accounting for Research and DevelopmentWithdrawn AS 9Revenue RecognitionCurrent AS 10Property, Plant and EquipmentCurrent AS 11The Effects of Changes in Foreign Exchange RatesCurrent AS 12Accounting for Government GrantsCurrent AS 13Accounting for InvestmentsCurrent AS 14Accounting for AmalgamationsCurrent AS 15Employee BenefitsCurrent AS 16Borrowing CostsCurrent AS 17Segment ReportingCurrent AS 18Related Party DisclosuresCurrent AS 19LeasesCurrent AS 20Earnings Per ShareCurrent AS 21Consolidated Financial StatementsCurrent AS 22Accounting for Taxes on IncomeCurrent AS 23Accounting for Investments in Associates in Consolidated Financial StatementsCurrent AS 24Discontinuing OperationsCurrent AS 25Interim Financial ReportingCurrent AS 26Intangible AssetsCurrent AS 27Financial Reporting of Interests in Joint VenturesCurrent AS 28Impairment of AssetsCurrent AS 29Provisions, Contingent Liabilities and Contingent AssetsCurrent

No matching standard found. Try a transaction or balance-sheet term.

Recognition

Should anything be recorded?

Identify the event, rights, obligations and recognition threshold before preparing a journal.

Measurement

At what amount?

Build the amount from permitted cost components, estimates, valuation inputs and allocation rules.

Evidence

Can the conclusion be reviewed?

Retain contracts, calculations, reconciliations, approvals and disclosure tie-outs that support the treatment.

Every AS number, explained for real accounting work.

Start with the transaction—not the standard number.

Should anything be recorded?

At what amount?

Can the conclusion be reviewed?

Animated notes with professional voice guidance.