I GAAP – A Practical Approach (Accounting Standards)

I GAAP – A Practical Approach (Accounting Standards) is a comprehensive and application-focused guide designed to simplify Indian Generally Accepted Accounting Principles for professionals and students. The book explains accounting standards in a clear, systematic manner with emphasis on practical interpretation, real-life accounting treatment, and compliance-oriented application.

It covers recognition, measurement, presentation, and disclosure requirements under I GAAP, helping readers understand how accounting standards operate in actual financial statements. The practical approach adopted throughout the book enables readers to bridge the gap between accounting theory and professional practice, making complex standards easier to implement.

The book is particularly useful for understanding financial reporting obligations of companies and entities operating under Indian regulatory frameworks. By focusing on clarity, illustrations, and compliance perspectives, it serves as a dependable reference for accounting accuracy and regulatory adherence.