Calculation of Net Worth of a Company
The net worth of a company is estimated using the audited standalone financial statements of the company. Net worth is calculated by adding total paid-up share capital, all the reserves made out of the profit and securities premium account and the value of deferred expenditure, accumulated losses and miscellaneous expenditures subtracted from it. Thus,
Net worth = Total paid-up share capital + All reserves – (deferred expenditure + accumulated losses + miscellaneous expenditure)
List of Major IND AS
|
IND AS Number |
Applicability |
|---|---|
|
1 |
Presentation of Financial Statements |
|
2 |
Inventories Accounting |
|
7 |
Statement of Cash Flows |
|
8 |
Accounting Policies, Changes in Accounting Estimates and Errors |
|
10 |
Events after Reporting Period |
|
11 |
Construction Contracts |
|
12 |
Income Taxes |
|
16 |
Property, Plant and Equipment |
|
17 |
Leases |
|
18 |
Revenue |
|
19 |
Employee Benefits |
|
20 |
Accounting for Government Grants and Disclosure of Government Assistance |
|
21 |
The Effects of Changes in Foreign Exchange Rates |
|
23 |
Borrowing Costs |
|
24 |
Related Party Disclosures |
|
27 |
Separate Financial Statements |
|
28 |
Investments in Associates and Joint Ventures |
|
29 |
Financial Reporting in Hyperinflationary Economies |
|
32 |
Financial Instruments: Presentation |
|
33 |
Earnings per Share |
|
34 |
Interim Financial Reporting |
|
36 |
Impairment of Assets |
|
37 |
Provisions, Contingent Liabilities and Contingent Assets |
|
38 |
Intangible Assets |
|
40 |
Investment Property |
|
41 |
Agriculture |
|
101 |
First-time adoption of Ind AS |
|
102 |
Share Based payments |
|
103 |
Business Combination |
|
104 |
Insurance Contracts |
|
105 |
Non-Current Assets Held for Sale and Discontinued Operations |
|
106 |
Exploration for and Evaluation of Mineral Resources |
|
107 |
Financial Instruments: Disclosures |
|
108 |
Operating Segments |
|
109 |
Financial Instruments |
|
110 |
Consolidated Financial Statements |
|
111 |
Joint Arrangements |
|
112 |
Disclosure of Interests in Other Entities |
|
113 |
Fair Value Measurement |
|
114 |
Regulatory Deferral Accounts |
|
115 |
Revenue from Contracts with Customers |