AS11 - The Effects of Changes in Foreign Exchange Rates for CA Inter |May 2024|Nov 2024
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- Опубликовано: 16 сен 2024
- #AS11
#IndigoLearn
#AccountingStandard11
This video on AS 11 Accounting Standard on Foreign Exchange explains how to account for foreign exchange transactions as per AS 11. it is prepared for students of CA Inter New Syllabus, CA IPCC Old Syllabus & CA FInal for Nov'20 Exams.
For more details please visit bit.ly/IL1FIN or reach us at 9640111110.
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Thanks for the wonderful feedback. We are delighted to know that you are enjoying our course.
me too same feel have to clear final both groups
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Sir please upload the all Videos related to AS , Ind AS and IFRS in Simple words... It's really helpful for me to understand and clarify the depth of knowledge and each word spoken by you noted by me in my notes 😊
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I got answer for each and every question what I had in this topic... Thanks a lot. Amazing so detailed!!!
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Full videos are available on www.IndigoLearn.com
Nice explanation sir
But full part is not covered like forward contact
Wow clear explanation.. thank you sir
Very nice and clear explanation of the concepts Thanks sir.
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The video is not talking about exceptions
Half knowledge is dangerous
Why on website ?
at least the particular topic should be fully covered here
Full video is available on our website indigolearn.com this is only a part of the video
Awesome explanation sir !!😘
Too good 👍
Thank you so much sir
Clearly explained, thanks sir
In bill of entry rate of exchange is given
when we book in the exchange difference into creditors GL, how about the sub-ledger?
Its booked at the sub ledger level for creditors/debtors
What about forward exchange contracts??
Hello sir , can you please upload law amendments for ca IPCC old syllabus related to may 19??
EXCELLENT SIR!
Thanks!
Amazing
Plz uploade full vedio it is helpful but seems to be incomplete directly practical problems are there plz uploade introduction of the AS
Nice explanation
Who specify the exchange rate for Companies Financial statement , is it RBI or FADAI??
Why do we take the impact of exchange difference on settlement date into the next Accounting Period ? I mean wont it be more logical to book the exchange difference,arising during settlement,in the period in which the actual monetary item pertains ?
If the amount is not settled in the same accounting period, the exchange difference from the date of transaction and the year end is accounted at the balance sheet date. The difference between exchange rate on balance sheet date and date of settlement is booked in the next accounting period in which actual settlement happens.
Pls install full video
But forex diff of fixed asset can also be capitalized,
Pls upload the full video sir it will be useful
Full video is available at indigolearn.com
Nice👌
Excellent
Sir what is the accounting when there is a farword contract?
thank you sir
Sir what about, export sales. Same methods applicable
In Practical, Some people book purchase with exchange rate given in Boe, is it acceptable? To what extent it is correct?
You can do it till the time it is consistent.
Sir can we purchase only AS lectures (specific AS only like 12,16 )
🙌🙌🙌
Good sir
Should revaluation reserve be retranslatted?
Can u upload As full standards
Nice vedio sir
love from Bangladesh
No entry for loss on the payment date??
There will be an entry for loss/gain on payment date as well.
What I can understand that only balance sheet items are revalued if the transaction is done through foreign currency. Is p&l line items are revalued in any point of time? Please help me.
Only balance sheet items are revalued.
@@1FIN ok thanks for your reply. Could you please share some other links if u have on this topic?
sir is this a full concept of as-11
No. The full standard is available for purchase at www.indigolearn.com
Thank You Sir
Guu+udds
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Best lecture
Thank u sir
nice explanation
Thanks!
Best lecture
Thanks