Yes, they are different, I think he just made a remark describing that adoptation. IAS 1 is already a financial reporting standard while IFRS 1 is like what you've mentioned
IFRS 1: en.wikipedia.org/wiki/IFRS_1 International Financial Reporting Standard 1: First-time Adoption of International Financial Reporting Standards or IFRS 1 is an international financial reporting standard issued by the International Accounting Standards Board (IASB). It sets out requirements on the preparation and presentation of financial statements and interim financial reports by entities that are adopting the IFRS for the first time, to ensure that they contain high-quality information IAS 1: en.wikipedia.org/wiki/IAS_1 International Accounting Standard 1: Presentation of Financial Statements or IAS 1 is an international financial reporting standard adopted by the International Accounting Standards Board (IASB).[1] It lays out the guidelines for the presentation of financial statements[2] and sets out minimum requirements of their content; it is applicable to all general purpose financial statements that are based on International Financial Reporting Standards (IFRS).
@@habibrahman6615 IFRS 1: en.wikipedia.org/wiki/IFRS_1 International Financial Reporting Standard 1: First-time Adoption of International Financial Reporting Standards or IFRS 1 is an international financial reporting standard issued by the International Accounting Standards Board (IASB). It sets out requirements on the preparation and presentation of financial statements and interim financial reports by entities that are adopting the IFRS for the first time, to ensure that they contain high-quality information IAS 1: en.wikipedia.org/wiki/IAS_1 International Accounting Standard 1: Presentation of Financial Statements or IAS 1 is an international financial reporting standard adopted by the International Accounting Standards Board (IASB).[1] It lays out the guidelines for the presentation of financial statements[2] and sets out minimum requirements of their content; it is applicable to all general purpose financial statements that are based on International Financial Reporting Standards (IFRS).
There was a miss on accruals explanation as you mentioned revenue is earned when cash is received. Well how about credit sales? hence doesn't necessarily need exchange of cash
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Can you share the playlist name where you cover all the IFRS related topics in one group? As information that you have put in is appreciated. Thank you so very much!
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IFRS 1 is a revised IAS 1? Are you sure about that? Thought one was focused on financial statements characteristics and the other first time adoption. Can you please confirm they are different things? Thank you
IFRS 1: en.wikipedia.org/wiki/IFRS_1 International Financial Reporting Standard 1: First-time Adoption of International Financial Reporting Standards or IFRS 1 is an international financial reporting standard issued by the International Accounting Standards Board (IASB). It sets out requirements on the preparation and presentation of financial statements and interim financial reports by entities that are adopting the IFRS for the first time, to ensure that they contain high-quality information IAS 1: en.wikipedia.org/wiki/IAS_1 International Accounting Standard 1: Presentation of Financial Statements or IAS 1 is an international financial reporting standard adopted by the International Accounting Standards Board (IASB).[1] It lays out the guidelines for the presentation of financial statements[2] and sets out minimum requirements of their content; it is applicable to all general purpose financial statements that are based on International Financial Reporting Standards (IFRS).
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IFRS 1: en.wikipedia.org/wiki/IFRS_1 International Financial Reporting Standard 1: First-time Adoption of International Financial Reporting Standards or IFRS 1 is an international financial reporting standard issued by the International Accounting Standards Board (IASB). It sets out requirements on the preparation and presentation of financial statements and interim financial reports by entities that are adopting the IFRS for the first time, to ensure that they contain high-quality information IAS 1: en.wikipedia.org/wiki/IAS_1 International Accounting Standard 1: Presentation of Financial Statements or IAS 1 is an international financial reporting standard adopted by the International Accounting Standards Board (IASB).[1] It lays out the guidelines for the presentation of financial statements[2] and sets out minimum requirements of their content; it is applicable to all general purpose financial statements that are based on International Financial Reporting Standards (IFRS).
The topic is covered. You are welcome. Please subscribe and share the channel on social media. Please connect with me: Instagram: instagram.com/farhatlectures/ LinkedIn: www.linkedin.com/in/professorfarhat/ Facebook: facebook.com/accountinglectures
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I have learned a lot from this professor and I do enjoy checking your newly videos because the helpful in accounting field and CPA as well.
But IFRS 1(1:18), is on First Time Adoption of IFRS
IAS 1 and IFRS 1, both are different
CMA Suma S Prasad I also noticed that.
Right am also confused 😳
Yes, they are different, I think he just made a remark describing that adoptation. IAS 1 is already a financial reporting standard while IFRS 1 is like what you've mentioned
IFRS 1: en.wikipedia.org/wiki/IFRS_1
International Financial Reporting Standard 1: First-time Adoption of International Financial Reporting Standards or IFRS 1 is an international financial reporting standard issued by the International Accounting Standards Board (IASB). It sets out requirements on the preparation and presentation of financial statements and interim financial reports by entities that are adopting the IFRS for the first time, to ensure that they contain high-quality information
IAS 1: en.wikipedia.org/wiki/IAS_1
International Accounting Standard 1: Presentation of Financial Statements or IAS 1 is an international financial reporting standard adopted by the International Accounting Standards Board (IASB).[1] It lays out the guidelines for the presentation of financial statements[2] and sets out minimum requirements of their content; it is applicable to all general purpose financial statements that are based on International Financial Reporting Standards (IFRS).
@@habibrahman6615 IFRS 1: en.wikipedia.org/wiki/IFRS_1
International Financial Reporting Standard 1: First-time Adoption of International Financial Reporting Standards or IFRS 1 is an international financial reporting standard issued by the International Accounting Standards Board (IASB). It sets out requirements on the preparation and presentation of financial statements and interim financial reports by entities that are adopting the IFRS for the first time, to ensure that they contain high-quality information
IAS 1: en.wikipedia.org/wiki/IAS_1
International Accounting Standard 1: Presentation of Financial Statements or IAS 1 is an international financial reporting standard adopted by the International Accounting Standards Board (IASB).[1] It lays out the guidelines for the presentation of financial statements[2] and sets out minimum requirements of their content; it is applicable to all general purpose financial statements that are based on International Financial Reporting Standards (IFRS).
There was a miss on accruals explanation as you mentioned revenue is earned when cash is received. Well how about credit sales? hence doesn't necessarily need exchange of cash
Please reference the minute
IFRS 1 & IAS1 ... are they the same? i would like you to review this tutorial again, pls.
Coutinue good work and to discuss different angles
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Can you do IFRS 9 or the upcoming CECL (current expected credit losses) ?
I will get there. Working on the course.
Great presentation ❤❤❤
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Excellent clarification. Looking other standards too.Appreciate your valuable insight
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Sir please tell me about us CPA course in detail
Can you share the playlist name where you cover all the IFRS related topics in one group?
As information that you have put in is appreciated. Thank you so very much!
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Thank You Mr. Farhat's for Your Presentation!
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Can you please give some details about ACCA qualification
I am not very familiar with ACCA.
Thank your explanation about IFRS 1
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Very good informative video.
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from where i get these ppts
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you are so kind for me thank you for all
Hi, can someone tell me where I could find the Basis for conclusion on IFRS/IAS? Been searching all day long. Thank youuuu. It will be a huge help.
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It is my first time to join and i would like to learn more with you sir
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IFRS 1 is a revised IAS 1? Are you sure about that? Thought one was focused on financial statements characteristics and the other first time adoption. Can you please confirm they are different things? Thank you
IFRS 1: en.wikipedia.org/wiki/IFRS_1
International Financial Reporting Standard 1: First-time Adoption of International Financial Reporting Standards or IFRS 1 is an international financial reporting standard issued by the International Accounting Standards Board (IASB). It sets out requirements on the preparation and presentation of financial statements and interim financial reports by entities that are adopting the IFRS for the first time, to ensure that they contain high-quality information
IAS 1: en.wikipedia.org/wiki/IAS_1
International Accounting Standard 1: Presentation of Financial Statements or IAS 1 is an international financial reporting standard adopted by the International Accounting Standards Board (IASB).[1] It lays out the guidelines for the presentation of financial statements[2] and sets out minimum requirements of their content; it is applicable to all general purpose financial statements that are based on International Financial Reporting Standards (IFRS).
I have liked the way you explain things and i do understand them very well
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Thank you
I’m so eager to learn more from you !
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I really like your explanation . Thank you so much
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I want to do diploma in IFRS can you plz guide me where to start and how to prepare
I don;t know where to get a diploma in IFRS. My lectures will help you prepare.
@@AccountingLectures OK Tnx dear
You are explaining ias 1 and not ifrs 1 please don't confuse people, they are not the same thing
IFRS 1: en.wikipedia.org/wiki/IFRS_1
International Financial Reporting Standard 1: First-time Adoption of International Financial Reporting Standards or IFRS 1 is an international financial reporting standard issued by the International Accounting Standards Board (IASB). It sets out requirements on the preparation and presentation of financial statements and interim financial reports by entities that are adopting the IFRS for the first time, to ensure that they contain high-quality information
IAS 1: en.wikipedia.org/wiki/IAS_1
International Accounting Standard 1: Presentation of Financial Statements or IAS 1 is an international financial reporting standard adopted by the International Accounting Standards Board (IASB).[1] It lays out the guidelines for the presentation of financial statements[2] and sets out minimum requirements of their content; it is applicable to all general purpose financial statements that are based on International Financial Reporting Standards (IFRS).
Hi! Sir
Is it covers under ACCA qualification
The topic is covered.
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Thanks lot
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very informative lecture.thank you.
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NEED IAS/IFRS COMPLETE LECTURES FOR DEC 23 SESSION??? IS ANYONE HAVE ??
Could you make your speaking slower? thank you. Im having a hard time to understand as who english is not.primary language
You could change the speed to 0.75, works for me while I'm doing other things.