Ind As 115 Revision - In Detailed with Questions | Revenue from Contracts with Customers | CA Final
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- Опубликовано: 16 сен 2024
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Summary from other comments
Step 1 - 14:10
5:56:45 - Contract modification
Step 2 - 26:27
1:02:20 - loyalty points & discount
1:09:53 - consignment arrangements
1:16:00 - principal vs agent
1:27:50 - non refund fee or joining fee or renewal option
Step 3 - 1:41:18
1:47:18 - variable consideration
2:13:47 - Sale with a right of return
2:18:20 - restocking fees
2:21:48 - warranties
2:33:51 - significant Financing Component
3:04:40 - non-cash consideration
3:24:14 - consideration payable to customer
Step 4 - 3:33:55
Step 5 - 3:57:00
4:43:16 - Repurchase agreements
5:12:49 - bill and hold
5:19:20 - contract cost
5:26:50 - service concession arrangements
Thank you so muchhhh❤❤
Thanks a lot 👍
Thank you very much
Thanks bhai 🙏🏻🖤
Tysm
Thank you sir, your revision video and videos on ICAI SM helped me a lot to clear group1 and secure exemption in FR
Bhai apne class v liye the kya kisi se??
@@saurabh3801I took classes from dipesh sir
Apne FR kaise kiya ?
illustration 23 1:04:55
illustration 25 1:15:32
Illustration 26 1:23:12
illustration 13 1:39:48
illustration 31 1:57:42
illustration 32 2:03:16
illustration 35 2:28:10
illustration 54&55 3:44:53
illustration 65 4:29:10
illustration 66 & 67 5:06:17
illustration 68
illustration 78 5:25:15
illustration 75 5:48:14
illustration 08 6:08:20
Illu 32 imp
ill-73 5:25:13
Bhai vikalp aap hi ho kya jo spom k pdf banaye ho, vikalp and manmohan aap wohi vikalp ho kya bhai??
0:14:04 - Step 1
0:26:27 - Step 2
1:02:18 - Customer Option for additional G/S ( * )
1:09:50 - Consignment Arrangements ( * )
1:16:16 - Principal Vs Agent Consideration ( * )
1:27:48 - Non - Refundable upfront fees ( * )
1:34:40 - Long term arrangements ( * )
1:41:18 - Step 3
2:13:48 - Sale with a right of return ( * )
2:18:16 - restocking fees ( * )
2:22:04 - Warranty ( * )
2:34:00 - Significant Finance Component ( ** )
2:46:30 - Illustrations On Significant FC
2:56:33 - Overriding Provision ( * )
3:04:38 - Non Cash Consideration ( * )
3:33:55 - Step 4
3:57:00 - Step 5
4:15:55 - Input & Output Method ( * )
4:29:20 - Illustration 65 ( ICAI )
4:43:12 - Repurchasing agreement ( * )
5:06:12 - Illustration 66 & 67
5:12:50 - Bill and Hold ( * )
5:27:25 - Service Concession Arrangement ( ** )
5:48:07 - Illustration 75
5:56:45 - Contract Modification ( ** )
6:08:18 - Illustration 8 & 9
6:18:54 - Combining Contracts ( * )
Bill and hold - 5:12:10
Service concession agreement 5:27:25
Thank you very much .
illustration 25 - 1:15:00
Just curious to know how did u plot them..Did u do it while watching the video or is there some other way to do it in less time?😃
5:19:25 contract cost
Ajay Sir QB May 24:-
Q 38 - 1:4:50
Q 10 - 1:57:37
Q 31 - 2:03:05
Q 36 - 2:27:19
Q 20 - 2:50:03
Q 22 - 2:52:30
Q 29 - 4:29:19
hi do u have it for other chapters also?
for 115 full?
Thankz
thank you bhai
Performance Obligation
ill 10 55:16
ill 11 56:00
ill 12 57:15
ill 14 57:25
ill 15 58:36
ill 16 59:38
ill 17 1:00:27
ill 23 1:05:00
illustration 23 1:04:55
illustration 25 1:15:32
Illustration 26 1:23:12
illustration 13 1:39:48
illustration 31 1:57:42
illustration 32 2:03:16
illustration 35 2:28:10
illustration 37 2:40:00
illustration 54&55 3:44:53
illustration 65 4:29:10
illustration 66 & 67 5:06:17
illustration 68
illustration 78 5:25:15
illustration 75 5:48:14
illustration 08 6:08:20
Th
illustration 05 & 6 6:24:54
Illustration 9 6:14:52
Illustration 3 6:31:44
illustration 23 1:04:55
illustration 25 1:15:32
Illustration 26 1:23:12
illustration 13 1:39:48
illustration 31 1:57:42 entity sold 10 units
illustration 32 2:03:16 (V.V IMP.) fixed + variable consideration allocation on contract completion basis
illustration 35 2:28:10 Assurance warranty Vs Service warranty
illustration 37 2:46:30 A commercial airplane (signifi. financi. comp.)
illustration 38 2:49:30 NKT LTD (significant financing component)
illustration 39 2:50:00 VT LTD ( determining dis rate)
illustration 40 2:52:30 ST LTD (Advance payment & assesment of dis rate)
2:56:00 overriding provisions where significant financing component though existing but still ignored
3:00:00 ILL 42
3:33:30 Step -4 Allocation of transaction price
illustration 54&55 3:44:53
illustration 65 4:29:10 On 1st January (Q 29) (Input method)
illustration 66 & 67 5:06:17
illustration 68
illustration 78 5:25:15
illustration 75 5:48:14
illustration 08 6:08:20
Hi, yeh list main saare questions covered Hain discussed in this video???
Thanks
Thanks
Agr aap logo ne note kiya ho to sir k vdos me bich me ads nhi chlti...qki sir ne wo option enable hi nhi kiya...or is chiz k liye appreciation to banti h...thank you sir for such a great revision or thanks again ..video k bich me ads enable na krne k liye...qki wo chiz bht hi irritating hoti h...or ye chiz bht kam faculties smjti h...thanks sir🙏
Performance Obligation
ill 10 55:16
ill 11 56:00
ill 12 57:15
ill 14 57:25
ill 15 58:36
ill 16 59:38
ill 17 1:00:27
ill 23 1:05:00
illustration 23 1:04:55
illustration 25 1:15:32
Illustration 26 1:23:12
illustration 13 1:39:48
illustration 31 1:57:42
illustration 32 2:03:16
illustration 35 2:28:10
illustration 37 2:40:00
illustration 54&55 3:44:53
illustration 65 4:29:10
illustration 66 & 67 5:06:17
illustration 68
illustration 78 5:25:15
illustration 75 5:48:14
illustration 08 6:08:20
illustration 05 & 6 6:24:54
Illustration 9 6:14:52
Illustration 3 6:31:44
Never seen such a precise and clear revision of 115 before.
This is the first time I have watched any of your lectures and honestly cant express how great I am feeling right now.
To your efforts and simplicity , hats off🙏
For my ref
14:10 Step1
26:27 Step2
48:57 distinct - no significant modification
55:10 illustration (check in book)
56:02 Q8
57:16 Q9
57:27 Q10
58:37 Q11
59:29 Q12
1:00:29 Q14
1:02:13 cust option for add g/s pg 148
1:09:51 consignment arr (check in book)
1:12:25 Sale with right of return (Step3 pg143)
1:16:16 principal v agent (pg 141)
1:24:03 Q18
1:27:50 upfront fees non-re
1:34:42 series of distinct g/s
1:39:45 illustration 13 (check in book)
1:41:19 Step3
1:47:16 Variable consideration
1:56:53 Refund liability (check in book)
2:02:09 Reassmt. of variable consideration
2:13:50 Sale with right of return (Step3 pg143)
2:16:08 Q28
2:18:29 restocking fees
2:21:45 Warranties
2:27:20 Q29
2:33:56 significant financing component
1:51:44 as per bhavik sir's notes, this is a free choice. I.e mgt is free to choose any of the above. The above is as per the guidance of ICAI
Step 1 - 14:10
5:56:45 - Contract modification
6:19:00 - Combining Contracts
Step 2 - 26:27
1:02:20 - loyalty points & discount
1:09:53 - consignment arrangements
1:16:00 - principal vs agent
1:27:50 - non refund fee or joining fee or renewal option
Step 3 - 1:41:18
1:47:18 - variable consideration
2:13:47 - Sale with a right of r
2:18:20 - restocking fees
2:21:48 - warranties
2:33:51 - significant Financing Component
3:04:40 - non-cash consideration
3:24:14 - consideration payable to customer
Step 4 - 3:33:55
Step 5 - 3:57:00
4:43:16 - Repurchase agreements
5:12:49 - bill and hold
5:19:20 - contract cost
5:26:50 - service concession arrangements
0:14:04 - Step 1
0:26:27 - Step 2
- 1:02:18 - Customer Option for additional G/S
- 1:09:50 - Consignment Arrangements
- 1:16:16 - Principal Vs Agent Consideration
- 1:27:48 - Non - Refundable upfront fees
- 1:34:40 - Long term arrangements
1:41:18 - Step 3
- 2:13:48 - Sale with a right of return
- 2:18:16 - restocking fees
- 2:22:04 - Warranty
- 2:34:00 - Significant Finance Component
- 2:46:30 - Illustrations On Significant FC
- 2:56:33 - Overriding Provision
- 3:04:38 - Non Cash Consideration
3:33:55 - Step 4
3:57:00 - Step 5
- 4:15:55 - Input & Output Method
- 4:29:20 - Illustration 65 ( ICAI )
4:43:12 - Repurchasing agreement
- 5:06:12 - Illustration 66 & 67
5:12:50 - Bill and Hold
5:19:25 - Contract Cost (Concept)
5:26:55 - License of Intellectual Property - Sir has not explained here but given link for the same ( ruclips.net/video/uoGJ21T5rd0/видео.html ) [25 mins]
5:27:25 - Service Concession Arrangement
- 5:48:07 - Illustration 75
5:56:45 - Contract Modification
- 6:08:18 - Illustration 8 & 9
6:18:54 - Combining Contracts
6:24:45 - Illustration 4, 5 & 6
6:30:04 - Contract Term (Concept)
illustration 10 55:16
illustration 11 56:00
illustration 12 57:15
illustration 14 57:25
illustration 15 58:36
illustration 16 59:38
illustration 17 1:00:27
illustration 23 1:05:00
illustration 23 1:04:55
illustration 25 1:15:32
Illustration 26 1:23:12
illustration 13 1:39:48
illustration 31 1:57:42
illustration 32 2:03:16
illustration 35 2:28:10
illustration 37 2:40:00
illustration 54&55 3:44:53
illustration 65 4:29:10
illustration 66 & 67 5:06:17
illustration 68
illustration 78 5:25:15
illustration 75 5:48:14
illustration 08 6:08:20
Summary from other comments
Step 1 - 14:10
5:56:45 - Contract modification
Step 2 - 26:27
1:02:20 - loyalty points & discount
1:09:53 - consignment arrangements
1:16:00 - principal vs agent
1:27:50 - non refund fee or joining fee or renewal option
Step 3 - 1:41:18
1:47:18 - variable consideration
2:13:47 - Sale with a right of return
2:18:20 - restocking fees
2:21:48 - warranties
2:33:51 - significant Financing Component
3:04:40 - non-cash consideration
3:24:14 - consideration payable to customer
Step 4 - 3:33:55
Step 5 - 3:57:00
4:43:16 - Repurchase agreements
5:12:49 - bill and hold
5:19:20 - contract cost
5:26:50 - service concession arrangements
Most awaited video sir 🙏🙏ab ye chapter chhod ke nahi jaana padega 😁😁Thank you so so so much sir ❣️🙏if I pass in this attempt.....major credit will be yours ❣️self study ko bahot easy bana diya aapne ☺️
5:27:00 Service concession
1:39:48 illustration 13
1:57:48 illustration 31
2:03:14 illustration 32
2:30:18 illustration 35
2:47:36 illustration 37
2:49:34 illustration 38
2:50:18 illustration 39
2:52:32 illustration 40
3:01:58 illustration 42
3:43:20 illustration 54 & 55
4:29:11 illustration 65
5:06:16 illustration 66 & 67
5:18:17 Illustration 68
5:25:19 illustration 73
5:48:12 illustration 75
truly u r a gem for us..thanks a lot sir, I never comment on anyone's video lecture, ur lectures made me to comment , u r the one who understand what actually student want, where actually students get confused. No single word can define u nd the efforts u r putting for us. Honestly speaking hats off 🙏
Yes , absolutely true
Very true
Sir, I want to thank you that because of this revision video i cleared my ca final group 1 in nov 22 and developed enough zeal and passion for group 2 in may 23 and cleared it as well. I am a CA now. I watched this video 3-4 times prior to exams. Believe me or not. I was able to solve the question in exam in one go. Truly an amazing experience. Thanks a lot for such wonderful revision videos.
Suprabhat!
Aapke Revision videos dekhne ke baad, andar ki aatma ko shanti milti hai.
avadhaarana spashtata ho gayi hai. (concepts clarity ho gayi hai).
Gyan ki Devi Maata Saraswathi aur pratham pujya bhagwan ganesh ji ki krupa aappe hamesha bani rahe.
I bow down with due care and attention to your feet. Meri guru vandana sabhi vidhyarti ke taraf se aapke liye - Natmastak Pranam !
!! Akhanda madalakaaram, vyaaptam yenam charaacharam, tadpadam darshitam yena, tasmai shri guruve namaha!!
A guru ( Equal to brahma )who is saving us from darkness by giving knowledge/ wisdom of supreme . I salute such a guru.
Thank you so much itna sammaan dene k liye🙏🏻🙏🏻
00:03 Revision of Ind AS 115 and its significance
02:01 Understanding revenue recognition under Ind AS 115
05:52 Identification of performance obligations and determination of transaction price
07:54 Understanding revenue recognition under Ind AS 115
11:52 Understanding revenue recognition and performance obligations
13:49 Understanding Revenue Recognition under Ind AS 115
17:35 Understanding payment terms and obligations in contracts
19:09 Unnecessary deliberate transactions can inflate revenue with no impact on profit.
22:32 Recognition of revenue based on fulfilling contract terms
24:02 Recognition of revenue and contract criteria
27:18 Recognizing revenue for multiple goods and services
29:07 Bundling of goods and services under a single price
32:28 Understanding distinct goods and services for revenue recognition
34:16 Determining performance obligation
37:44 Distinct and separate application in performance contracts.
39:43 Understanding the components inside a computer.
44:05 When providing integrated services, the customer may require a single performance obligation.
45:58 Significant integration requires combining goods and services that may be sold separately.
49:52 Installation is separate from customization and modification.
51:46 Design and construction are highly interconnected
55:26 Revenue recognition for multiple performance obligations
57:32 Designing and constructing a multi-level shopping center with parking facility
1:02:02 Understanding revenue recognition through Lenskart company example
1:04:00 Understanding transaction pricing and revenue allocation
1:07:33 Revenue recognition based on future discounts
1:09:25 Consignment arrangement and revenue recognition
1:12:52 Discussion on right of return clause in revenue recognition
1:14:29 Revenue recognition based on control and return of goods.
1:17:57 Understanding revenue recognition in a business scenario
1:19:56 Understanding the distinction between principal and agent businesses is crucial in revenue recognition.
1:23:31 Agent has no inventory risk
1:25:22 Understanding the roles of principal and agent in a contract
1:29:19 Recognizing revenue for non-refundable amounts
1:31:03 Recognition of revenue for future goods and services
1:35:01 Contract for security guard services for 6 months
1:37:04 Recognizing revenue under Ind AS 115
1:41:07 Understanding transaction price and variable consideration
1:42:52 Understanding the tax treatment and consideration in contracts is crucial for revenue recognition.
1:46:24 Understanding revenue adjustments for contract transactions
1:48:10 Understanding the implications of variable consideration in revenue recognition.
1:51:37 Determining transaction price with fixed and variable considerations
1:53:25 Discussing probabilities and expected values for bonus outcomes
1:56:58 Understanding refund liability and recognition of revenue
1:58:53 Recognizing revenue and determining total units sold.
2:02:14 Understanding changes in transaction pricing and revenue recognition
2:04:04 Incentive varies based on weight range
2:08:38 Recognize revenue based on cost and transaction price
2:10:42 Revenue allocation and adjustment in the first three years
2:15:03 Revenue recognition and refund liability in detail
2:16:43 Explanation of revenue recognition and refunds process
2:20:20 Understanding revenue recognition principles
2:22:01 Warranty provides assurance for product defects.
2:25:34 Understanding the different types of warranties and their impact on revenue recognition.
2:27:18 Illustration of revenue recognition with extended warranty
2:31:01 Extended warranties impact revenue recognition
2:32:42 Separating Warranty and Service Warranty for Accounting Clarity
2:36:03 Recognition of revenue and interest elements in financial transactions.
2:37:42 Recognizing revenue and cash equivalent amount
2:41:06 Understanding interest income from financial assets
2:43:11 Understanding revenue recognition and interest implications in transactions
2:47:18 Advance payment and its impact on revenue recognition
2:49:12 Calculation of present value with interest rates in contractual agreements
2:53:21 Understanding revenue recognition and interest expense calculation
2:55:27 Understanding revenue recognition under Ind AS 115
2:58:57 Revenue recognition is dependent on future occurrence or nonoccurrence.
3:00:43 Revenue recognition on contracts and customer purchases
3:03:57 Understanding revenue recognition under Ind AS 115
3:05:35 Understanding revenue recognition in contracts
3:09:07 Determining fair value and revenue recognition
3:10:58 Revenue recognition under Ind AS 115
3:14:46 Understanding revenue recognition under Ind AS 115
3:16:32 Consideration of performance and variable pay in revenue recognition
illustration 10 55:16
illustration 11 56:00
illustration 12 57:15
illustration 14 57:25
illustration 15 58:36
illustration 16 59:38
illustration 17 1:00:27
illustration 23 1:05:00
illustration 23 1:04:55
illustration 25 1:15:32
Illustration 26 1:23:12
illustration 13 1:39:48
illustration 31 1:57:42
illustration 32 2:03:16
illustration 35 2:28:10
illustration 37 2:40:00
illustration 54&55 3:44:53
illustration 65 4:29:10
illustration 66 & 67 5:06:17
illustration 68
illustration 78 5:25:15
illustration 75 5:48:14
illustration 08 6:08:20
Thank you so much
Does this cover all questions discussed in this lecture?
Ab ca bankr campus placement ke liye revision kr raha hun ek alg Vibe aa ri hai jaisi March April m ni aati thi. Thank you so much Pratik sir... You played a vital role to my achievement.❤❤ Shubham se CA Shubham ke safar me aap ,aaka yt ,aapka telegram hi sath tha vaki koi ni... Sub koi bhi ho aapka telegram moral support bhot deta tha 🎉
1:04:00 illustration 23
2:03:10 Illustration-32 December 2021 exams
2:38:35 significant financing component Example
3:13:50 examples of Non cash consideration
3:27:30 example of Consideration payable to customer
3:50:40 variable consideration Example
4:17:40 Input method example
4:48:30 Repurchase agreements Example
You are totally different person from other teachers, thank you for this sir, you deserve more and more, god Bless you sir...
Step 1 - 14:10
Step 2 - 26:27
Step 3 - 1:41:18
Step 4 - 3:33:55
Step 5 - 3:57:00
Thanks bro
Now I am Chartered accountant
Prepared FR SFM from pratig jagati sir RUclips only
62 marks in SFM
Thank you so much sir
@@AjayCATalks how you prepare for audit please tell
@@kunalpanwar3098 From Subham Keshwani book but one thing read audit daily
I will upload detailed video on my channel on Sunday
for my refrence
illustration 10 55:16
illustration 11 56:00
illustration 12 57:15
illustration 14 57:25
illustration 15 58:36
illustration 16 59:38
illustration 17 1:00:27
illustration 23 1:05:00
illustration 23 1:04:55
illustration 25 1:15:32
Illustration 26 1:23:12
illustration 13 1:39:48
illustration 31 1:57:42
illustration 32 2:03:16
illustration 35 2:28:10
illustration 37 2:40:00
illustration 54&55 3:44:53
illustration 65 4:29:10
illustration 66 & 67 5:06:17
illustration 68
illustration 78 5:25:15
illustration 75 5:48:14
illustration 08 6:08:20
From watching your lectures to clear exams to watching your lectures for interviews.. ❤❤
Thank You Sir.❤
CA Rahulkumar Jha
Amazing effort. I came here after watching your FI full lecture(I got confidence in that topic because of your video lecture). I am student from South India and I don't like hindi lectures at all but man your's is amazing 👌. I never commented on any of the videos but I just can't resist myself from appreciating your effort. I am feeling so bad for not taking classes from you( I neither took any) I am doing self study. I am studying this subject from past 30 days( Started from Oct 1st ) as I thought of just getting passing marks . I came to know abt your videos only 10 days back that too bcz of my frnd. Now I am confident only in FI chapter bcs of your video lectures. I am due with only group 1 this time and I think I can't clear this time bcz of my lack of preparation in FR. But the kind of confidence I am having after watching your video lectures is just 🔥. I thought FR is tough but now I am feeling " it's not ". Lots of love and respect 💙
This is your 1st attempt? Have you taken All other subjects classes?
Hello sir, r8 now im suffering from cold and tdy i had fever too.. i was soo worried and tensed since i thought my whole day is going to be wasted coz i cant even utter a word to study theory nor have strength to sit n workout sums since i only slept for 3 hrs... thank you soo soooo much for uploading this video🧡🧡 always had doubt regarding 115.. ive been lying on my bed and watching ur video only sir.. thanks to u im able to study even when im extremely sick and spend productive hours...sach me dil se thank you🙂
Thank You so much Sir for this masterpiece of 6.5 Hrs...!!
Never imagined that IndAS 115 can be studied with so much ease and clarity.
step 1 14:10
step 2 30:00
1:02:20 loyalty points & discount
1:09:53 consignment arrangements
1:16:00 principal vs agent
1:27:50 non refund fee or joining fee or renewal option
step 3 1:41:20
Revision of concepts
Step 1 : 25:06
Step 2 : 1:33:01
Step 4: 3:56:00
Revision of all steps till step 4: 3:57:14
step 5 : 4:40:13
financing arrangement : 4:53:04
Pratik sir first of all Thank you very much for your Teaching techniques and revision videos and u made my dream come true.
I am a CA today bcz of urs revision videos only and made me strong in conceptual clarity and confidence in FR and SFM.
After FR exam in Nov22 i was not confident about paper to get atleast 40 but in results got 49, n gave up the hopes on attempt after FR later SFM was easy to some extent manageable to 55 even i was not prepared well before exam for SFM as FR wasn't good and Magic happened bcz of ur teaching skills and balance sheet technique in both FR and SFM
Literally u made both papers was like cakewalk sir. Keep doing great and more success to you
Watching lecture as a C.A student and now watching as C.A. Vishal thakur🤍
Thanks for giving me some motivation through these words
Bhaisaab bhagwan 6 hrs akashwani kar rahe te aaisa lag raha tha, kab 6hr nikle without getting bore pata hi nahi chala😍
Bass abb ye exam tak sab yaad rahe
PJ Ke lecture baar baar dekhne ka mann karta hai bcoz it's d only lecture where u don't get bore
It's like
Me: maza kam aa raha hai lecture mei, let me sleep
PJ: ye le logic, ye le sum, ye le twist
Me: wow!!😲, no sleep
Best part is u not only increasing CA's but Shiv Bhakt too
It won't be wrong if I say
PJ= Pashupati Jagganath
instead of pratik jagati
OM NAMAH SHIVAY
ॐ त्र्यम्बकं यजामहे सुगन्धिं पुष्टिवर्धनम् उर्वारुकमिव बन्धनान् मृत्योर्मुक्षीय मामृतात्
🙏💪
Thank you so much 😊
Reference - Yashwanth Raj Koppula's comment of timestamps with star marks for each concept!
0:14:04 - Step 1
0:26:27 - Step 2
- 1:02:18 - Customer Option for additional G/S
- 1:09:50 - Consignment Arrangements
- 1:16:16 - Principal Vs Agent Consideration
- 1:27:48 - Non - Refundable upfront fees
- 1:34:40 - Long term arrangements
1:41:18 - Step 3
- 2:13:48 - Sale with a right of return
- 2:18:16 - restocking fees
- 2:22:04 - Warranty
- 2:34:00 - Significant Finance Component
- 2:46:30 - Illustrations On Significant FC
- 2:56:33 - Overriding Provision
- 3:04:38 - Non Cash Consideration
3:33:55 - Step 4
3:57:00 - Step 5
- 4:15:55 - Input & Output Method
- 4:29:20 - Illustration 65 ( ICAI )
4:43:12 - Repurchasing agreement
- 5:06:12 - Illustration 66 & 67
5:12:50 - Bill and Hold
5:19:25 - Contract Cost (Concept)
5:26:55 - License of Intellectual Property - Sir has not explained here but given link for the same ( ruclips.net/video/uoGJ21T5rd0/видео.html ) [25 mins]
5:27:25 - Service Concession Arrangement
- 5:48:07 - Illustration 75
5:56:45 - Contract Modification
- 6:08:18 - Illustration 8 & 9
6:18:54 - Combining Contracts
6:24:45 - Illustration 4, 5 & 6
6:30:04 - Contract Term (Concept)
awesome explanation full concept clarity ...i was thinking to skip this INDAS 115 for exams but now its under control 15 marks confirmed. no one faculty have uploaded this kind of video for this INDAS ... thanks from the bottom of my heart pratik sir ... have a great career ahead .....
before watching this video i used to found ind as 115 very difficult but after watching this video i have very good understanding on ind as 115 very thanx to your sir :)
Other Faculties : Lets make complex this things
Pratik Sir : Lets make Easy this complex things
Thank You Sir🙌💥
What are you?? a teacher, Guru??
No!! you are GOD to us
15 marks bch gye.. I was abt to leave this chapter lekin ab poora logic ke sth smj aa gya.. Crisp clear..
Did first time from this video got 100% clarity.. Thank you so much sir ji..
Gifted my self 12-15 marks on occasion of new year.. ☺
Thanks and Best Wishes to you
Im watching your class as CA Ramakrishnaiah. Post qualification i have completed my course in old syllabus.
Ind As 115 ko aap k liye special provision banana padegi... recognise revenue over the period of Student pass fr sfm🙂... last moment tak aap sath rahate ho..aap ka performance obligation khatam hi nahi hota...thank you sir
kya padhate ho sir
jai bhole🙏🙏🙏🙏
will sponser your classes for needy ones after clearing finals and job
god bless you sir always
What a session sir..!!
Every concept and question was covered with such crystal clear clarity.
Really grateful to you for this video..
#Respect 🙌🏼
Sir, I genuinely wish that you teach us all the 8 subjects in CA final ,you are too good in the FR and SFM, the way you teach conceptually, the number of revisions that you do again and again so that it retains in our head ,the efforts that you put in for us is unimaginable for anybody, you are an amazing teacher and I pray god showers all the blessings on you Sir. I never comment on any youtube videos like this , the way you teach us has made me do that . I know Thankyou will be never enough ,but.. Thank you so much Sir for all the efforts that you do for us :)
Thanks 😊
Thank you sir. It helps to revise all things in best possible time and in best manner.🔥🔥🔥
Pratik Sir,You only deserve the best..I wish everyone can see your hardwork and efforts..You are genuinely superb and a master teacher for us.100% recommended👍God bless you sir with all his love and support to you.And last but not the least thankyou so much for all these lectures and knowledge which you impart,thanks a lot🙏
The best ever lecture for 115 ..
I took class from a renowned faculty,115 is for 15 hrs. Believe me sir I didn't understand even a bit. Your 6.5 hrs class gave me much more clarity than the rest of regular or revisionary videos available for 115 on RUclips.
Many thanks to you 🙏
Thank you sir 😊..Watched full vdo and now feeling secured... 🙏
Aap Dil ke bahot achhe ho sir 💯 aapke behaviour se hi aap ka achha nature reflect ho jata hai 💯❤️
Done, definitely purchasing your classes now sir, thank you for such a wonderful explanation, amazing clarity in concept and sums.
I am from Nepal . You deserve the best teacher of all the time..
Yes, @krishna Khanal..you are right.also u should be awarded best student.
He is the best teacher of accounts and sfm...his main focus is on to clear the concept
@@noddy....7403 Yes bro..
I cleared ca final and still refering your video for interview preparation.☺️
Performance Obligation
ill 10 55:16
ill 11 56:00
ill 12 57:15
ill 14 57:25
ill 15 58:36
ill 16 59:38
ill 17 1:00:27
ill 23 1:05:00
Thank you so much sir... Your this types of gestures means alot... 🙏🏻 It make us realise education is not just a business for everyone... There are teacher like you who work very hard to help the students... Thank you so much... Words can never describe gratitude that i have for you... 🙏🏻
1:48:47 Penalty and performance bonus
2:11:36 new concept
2:50:42 new (significant financing)
3:54:56 SSP in subsequent years
6:18:09 revenue reversal (cumulative catchup)
SIR KYA QUALITY CONTENT DELIVER KARTE HO AAP, REALLY VERY HELPFULL, CONCEPTS INTE CLEARLY SAMJH JAATE HAI, JO INSAAN KO KHUDSE SAMJH NE 2 GHANTE JAYEGGE USSE 20 MINS ME SARAL BHASA ME FULL CLARITY KE SAATH SAMJHATE DETE HO. WE NEED PROF LIKE YOU FOR EVERY SUBJECT, AND EVERY STUDENT DESERVES TO HAVE A SUPER SIR LIKE YOU. THANKYOU SO MUCH FOR MOSTING SUCH VIDEOS IT IS OF GREAT HELP. MAY GOD BLESS YOU IN ABUNDANCE.
Very well, inclusion of study material ques as example was a nice strategy to save time... Thank you so much Sir.
Thank you so much sir for your efforts.👍
Sir your method of teaching is so beautiful so elegant just looking like a wow 😅
4:43:16 Repurchase agreements
5:56:45 Contract modification
This chapter is crystal clear to me because I watched your 115 lectures. This is a golden chance to me to revise. I cannot thank you enough.
AWESOME LECTURE....NOT EVER UNDERSTAND THIS TOPIC WITH SOO CLARITY EARLIER AS IF TODAY... THANK YOU SOO MUCH SOO MUCH EFFORTS
Amazing video. I have seen your SFM videos and Now these FR videos. They are simple and crystal clear for understanding. Your effort for these two subjects is seen in these videos. These videos are very nice and special.
2:50:09 illustration 39
5:56:40 contract modification
6:18:55 combination of contract
Thank you so much sir 🙌
Sir, aap kya baat kar rahe ho... Aapne Revision classes pe itna detailed knowledge deta he jo regular classes pe other faculties de nahi pata. Aap Fire ho sir🔥🔥🔥🔥🔥🔥
One of the best lecture on Ind AS 115. This is not revision lecture it's more than regular class with so much of deep understanding of all the concepts. Thank you so much sir for your efforts ❤❤
Super se upar class tha.. Concept+Questions everything is covered in single lecture..Best Best Best lecture ever..Thank you so much Gurujjii🙏❤Done with 115❤
Thank you so much sir, I never seen the lecture like this , wonderful sir.. Along with examples and questions.
thnku sir for all the efforts to help the students
Thank u so much sir
Idhar udhar bhatak k wps idhar hi aana sahi laga
Isse better nahi milegaa
And icai k saare sums discuss karwane k liye thank u very much pure yt p koi nahi karwya
Amazing Video on IND AS 115. It really shows your efforts for us. thank you so much
Fantastic effort. I guess Expected credit loss topic "ECL" for receivable provisioning is not covered. But, Majorly you have covered so much for us. Many thanks!!
Osm
Jai mahakal ❤❤
Thank you Sir for your efforts. You made the AS really very simple to understand. Grateful .
3:29:20 Consideration Payable to Customer
3:47:00 Illustration 55
3:49:00 Residual Approach {Step-4}
5:04:00 Repurchase price agreements
5:21:00 Contract Cost
Thank you so much sir...much awaited video
Last day revision:
illustration 22 1:05:00
illustration 23 1:04:55
illustration 32 2:03:16
illustration 75 5:48:14
Best faculty for those students who are doing self study. Precise and every point is covered in this IND as. Thank you so much sir 😊
It's like regular batch lecture too good crystal clear with concepts thank you 🤗🙏
Beautifully explained each and every concepts. Thankyou so much Sir :)
I was so much confused with the concept of warranty... But thanks to you I have in depth clarity about it .... Thank you sir
best CA Teacher of all time, you are a life saver sir, THANKS ❤
Thank you so much sir for the revision video, you are Legend for this subject for sure
Thank You so much Sir
Sir I have confusion in ill 22 and ill 23
As in ill 22 we take revenue of
Future what we will receive. That is Rs 6000
But in ill 23 we are taking discount of Rs 120 but not revenue that is 400 (500×80%) - 120 (Rs500×80%×30%)
= Rs 280
the calculation is made on the principal sale(when sale made 1000). Discount in future will be allowed = 120
So genuine and hard working person.
Love you sirji for your dedication, Puri responsibility k saath full patience se padhate ho aap. Ajay sir ki revision dekh k samjh nahi aaya to aapki revision wapas dekhna pada...but ab sab achche se revise hogaya 🙏💐
Thank you so much. I wish I knew about you some time ago.
Thankyou so much sir! Gratitude 💫 perfect revision 💯
What a crisp clarity in every lecture
You understand FR & SFM like no one else in world and you teach us like one one can ever could.
You are truly a blessing for us all
If i get exemption , its only because of you sir .
I am confident only because of your crystal clear conceptual way of teaching ❤️
U have taken classes from him?
@@CA_Divya1111 No Only youtube lectures
Thankyouuu so much sir ♥️♥️🙏 it was much needed!!
Thank you sir.. first time cover kia h ye IND AS meko dar.lg rha tha isko krne se ..but ye vdo dekhne k baad meko itna confidence h k me kr.lugi ye wala.ind AS v ..thank you so much 🎉
practical questions -
lllustration 23 -1:00:00
illustation 31-32 - 1:55:00
Best revision for 115..Thank u Sir..
Thank You So Much Sir ☺️💟
Thank u so much Sir for this detailed revision. Bahut hope k sath ye revision start kia tha k ab bhi nahi hua toh ab krungi bhi nahi.. Apke detailed videos meina liye the youtube se 115 k aur ab revision le kar ekdam clarity aa gayi and confidence bhi.. Sab recall ho gaya..
Sir, thank you so much for this, i was thinking of leaving this chapter, but u uploaded the video🥺 now i m definitely gonna complete this one.... Thank you for always posting videos for every chapter, your each and every video gives total clearity of every topic of the chapter, thank you for providing free revision videos and they are actually very very helpful....thanks alott sir🙏🏻🙏🏻😇😇
You're a 💎
Thank you very much Sir, able to grasp and understand well even it's the 1st time reading.
wow sir apne revesion me itna acha samjha diya jo log purey class me nhi smjha patey
Thankyou so much 🙌🙌🙌🙌
5:26:48 Service Concession Arrangements
5:48:05 - Q.75