Financial Instruments Revision | All Concepts + Imp Ques | CA Final FR Revision | CA Aakash Kandoi

#frrevision #financialinstruments #indas109revision

Subscribe to my Youtube channel

Connect with me here:

#cafinal #cafinalfr #aakashkandoifr #frrevision #cafinalfrrevision #indas115 #financialinstruments #businesscombination #cfs #frrevisionlectures

[RajuPradeepRaj]

Watching Financial Instruments for First Time.
3:18 Chapter Overview
4:00 Ind AS 32
4:16 FI Definitions(FA, FL, Equity)
21:25 F2F test
24:07 IND AS 109 Starts
24:36 FA classification
26:02 Business Model Test
26:28 CCFC Test
*29:00** Summary of Classification*
31:30 FL Classification
32:13 Initial Measurement(ACM Method)
33:03 Fair Value (Very Important for solving many sums)
36:50 Steps to Solve problems with Example Sums(When FV = Assumed Case)
49:13 Illustration No: 39 (FV = Assumed based prob)
52:27 Illustration No: 40( FV = Assumed based probab)(Loan paid in Installment)
57:13 ACM Method (FV = Compute) with example sums
1:02:21 Illustration No: 33( FV = Computed based)( Lessor - Lessee)
1:06:26 Illustration No:116( FV = Computed based)( Parent - Subsidiary)
1:10:32 Illustration No: 122 ( FV = Computed)( Company - Staff Loan)(Loan in Installment)
1:15:26 Question : 4
*1:16:11** Summary of Relationship and Accounting*
1:19:05 Illustration No:36
1:23:27 Question No:8
1:25:06 Level 1 Input
1:26:27 Illustration No: 29( Level 1 input)
1:27:47 Question No: 12( Level 1 input)
1:30:40 Break for 10 Mins
1:44:47 Compound Financial Instrument with Example Sum
1:51:51 Illustration No: 117( CFI )
1:55:11 Illustration No: 126(CFI)
1:56:30 Illustration No: 125 (CFI)
1:58:12 CFI with Transaction Cost with Example Sum
*2:02:54** Summary of CFI with & without Transaction Cost*
2:03:45 Illustration No: 125(CFI with Transaction Cost)
2:07:54 Question No: 1 ( CFI Early Settlement)
2:13:32 What’s done up to now is explained
2:15:31 Initial measurement as per Fair Value method(FVTOCI, FVTPL)
2:17:02 Subsequent Measurement
2:19:30 Finance Liability Subsequent Measurement
2:20:06 Reclassification

Watched till here on Day 1, will update others tomorrow.

[kuchbhi]

Derivatives 3:46:20
Financial Guarentee 4:14:10
Cash Flow Hedge 4:05:53
Embedded Derivatives 3:52:20
Difference between Cash flow hedge accounting vs Embeded Derivative 4:12:20
Regular way purchase of Financial asset 3:37:24
De recognition of FA 2:22:58
Factoring 2:31:33
Initial Measurement of FA & FL ACM method
FV=TP 32:18
FV not equal to TP 57:36 (Relationship)
AK hai exclusive summary on types of relationship 1:16:14
Loan repayable on demand (Parent & Subsidiary) 1:19:08
Fair value based on level 1 inputs 1:25:07

[srishtisarda]

3:18 Chapter Overview
4:00 Ind AS 32
4:16 FI Definitions(FA, FL, Equity)
21:25 F2F test
24:07 IND AS 109 Starts
24:36 FA classification
26:02 Business Model Test
26:28 CCFC Test
29:00 Summary of Classification
31:30 FL Classification
32:13 Initial Measurement(ACM Method)
33:03 Fair Value (Very Important for solving many sums)
36:50 Steps to Solve problems with Example Sums(When FV = Assumed Case)
49:13 Illustration No: 39 (FV = Assumed based prob)
52:27 Illustration No: 40( FV = Assumed based probab)(Loan paid in Installment)
57:13 ACM Method (FV = Compute) with example sums
1:02:21 Illustration No: 33( FV = Computed based)( Lessor - Lessee)
1:06:26 Illustration No:116( FV = Computed based)( Parent - Subsidiary)
1:10:32 Illustration No: 122 ( FV = Computed)( Company - Staff Loan)(Loan in Installment)
1:15:26 Question : 4
1:16:11 Summary of Relationship and Accounting
1:19:05 Illustration No:36
1:23:27 Question No:8
1:25:06 Level 1 Input
1:26:27 Illustration No: 29( Level 1 input)
1:27:47 Question No: 12( Level 1 input)
1:30:40 Break for 10 Mins
1:44:47 Compound Financial Instrument with Example Sum
1:51:51 Illustration No: 117( CFI )
1:55:11 Illustration No: 126(CFI)
1:56:30 Illustration No: 125 (CFI)
1:58:12 CFI with Transaction Cost with Example Sum
2:02:54 Summary of CFI with & without Transaction Cost
2:03:45 Illustration No: 125(CFI with Transaction Cost)
2:07:54 Question No: 1 ( CFI Early Settlement)
2:13:32 What’s done up to now is explained
2:15:31 Initial measurement as per Fair Value method(FVTOCI, FVTPL)
2:17:02 Subsequent Measurement
2:19:30 Finance Liability Subsequent Measurement
2:20:06 Reclassification
2:22:28 - Derecognition of FA
2:23:15 - Full DR
2:23:56 - Partial DR
2:31:33 - Factoring
2:45:47 - Modification

[CAPrathamMagajwala]

FL & FA
1:27:47 Q1 - Level I input → Difference directly entered into "P/L"
1:06:11 Q2 - Holding to Subsidiary → in books of holding → FA → Difference → "INVESTMENT IN SUBSIDIARY" - no write off - recorded as per Ind AS 27&110
1:02:27 Q3 - Lessor Lessee → difference → "ROU ASSET" - writen off in no of years
1:10:11 Q4 - Employee - Employer → in books of Y Co → FA → Difference → "Prepaid Staff Cost" - written off → Repayment in installments → Cash Flow table in Step 1
1:19:06 Q6 & Q.5 together only - 4 Scenairos Question
i) Repayable on Demand (Parent mangega tab dega) : Recognise at Amount of loan given → On Repayment - Reverse the same entry
ii) XYZ (Parent) - Difference - "Deemed Investment - Capital Contribution"
ABC ( Subsifiary) - Difference - "Equity - Deemed Capital Contribution"
iii) (Subsidiary ke paas jab paisa hoga tab dega)
Gyan dena hein:
• Estimate Repayment Date
• Not classified as repayable on demand
• in CFS - intra group loans/ int are eliminated
iv) only in Q.5
Subsidiary - difference - Dividend Distribution
Parent - difference - Dividend Income
49:04 Q7 - FL where no relationship → EIR is not given : calculate EIR with interpolation "11.42%"
52:30 Q8 - FL where no relationship → Cash Flow Table for half yearly installments & interest due quarterly
Step 1 : Cash Flow Table:
• Opening = ₹10, 000(Face Value) and not ₹9, 500(Fair Value)
• Coupon = Int Rate and not EIR
• Repayment = Principal + Interest

Step 4: LAT
• Opening = Fair Value
• Interest = in no of days


OTHERS
2:40:43 Q9 - Accountant mistake → FL considered as EI
• Savings nahi ayega bcz convertible nahi hein
• Diff b/w Coupon and Interest because of "Premium", therefore "not CFI"
• No relation, No CFI, No Level 1 input = Assume = no difference
• Rectification Entry

Q.10 - Fair Value tranferred to OCI as chosen irrevocable option

4:28:30 : Question 11 - Ind as 21 [ ]
• Exchange Loss - normal as per Ind AS 21
• FV Gain - FVTOCI → ($1060 - $1041.25) * 45 = "₹844"



CFI:
Q.12 - Investment in Equity shares - CCFC - Fails, HFT - Passes → "FVTPL"
Q.13 - Not there
1:56:30 Q14 - Partially Convertible
• Interest = 3, 00, 000 * 3.17
• Prinicpal = 50, 00, 000 * 50%( Partial) * 1.1(Premium) * 0.68
2:38:39 Q15 -
1:51:51 Q16 - CFI without TC → Optionally Convertible → Difference - EI → (Assume - convertible at the option of holder - also given in 3rd point)
• Convert at the end of 3rd year:
FL balance from LAT at the end of 3rd year = ₹9201821
Equity balance from starting = ₹1149040
Reverse both the amount and issue Equity Share Capital
+
Book interest exp of the 3rd year
2:03:50 Q17 - CFI with TC → Compulsory converible → Difference - EI (Do wiritng practice once)
• Dividend = FL, Principal = Equity, Savings = Equity
• Step 1 - LAT and find Equity component
• Step 2 - Allocation of TC in the ratio of FL and Equity computed in Step 1
• Step3 - Revised LAT with new EIR
1:55:07 Q18 - Optionally Convertible → Extract
• Rectification entry to be passed as ₹48000 is already booked → 56016 - 48000 = ₹8016 to be booked as expense
2:08:37 Q20 - Early Redemption
• S1 - Carrying amount of FL on Redemption Date = ₹465912
• S2 - Allocate Repurchase Price in FL = PV of future cash flows @ "NEW EIR" & Balance = Equity
Repurchase Price = 525000
FL = ₹491360
Equity = 525000 - 491360 = ₹33640
Q.19 - Early Redemption


MODIFICATION:
3:18:45 - Modification of FA
3:30:46 Q21 - Modification of FA → No Relation
3:20:54 Q22 - Modification of FA → Wheel Co → FA → Relation - Employee Employer - Prepaid EBE
• Loan Diya = FA from Co's POV + Relation with employee
• 5 equal installments = Cash Flow table in Step 1 - already given
• Before Modification
S1 - CF table - Given in Question
S2 - FV → Compute
S3 - Diff - Prepaid EBE
S4 - EIR
S5 - LAT - stop at 31/12/X2
• Modification
S1 - Carrying Amt of old FA
S2 - Pv of Revised CF @ Old EIR
S3 - Pass JE
Cash/ bank a/c Dr -( jitna Prepay kiya)
To FA (↓ in FA as difference in S1 & S2)
To Prepaid Exp (b/f)
S4 - Reduce Prepid Balance → Write off in remaining years

2:45:43 Modification of FL
2:52:45 Examples of Modification - Q.25 & Q.23
Q.25 - Modification of FL < 10%
• CA of old FL = 10, 00, 000
• Pv of revised Cash Flows including TC @ old EIR → 16L * DF of 5th year 10% + Zero ( coupon Outflow) + 50, 000 (Day 1) = 10, 43, 474
• Modification % = 4.35% which is <10%
• FL to Bank - Pay modification fees
• Revised CA = 10L - 50k = 950000
• EIR = 10.99% (Interpolation)
• LAT
Q.23 - Modification of FL >= 10%
3:00:20 Q24 - Modification of FL → Wheel Co - FL → see from baord notes only " Most sorted solution"
4:36:28 Q26 - Modification - Unique


DERECOGNITION:
2:22:20 De-recognition (Partial + Full)
2:31:24 De-recognition (Factoring)


IMPAIRMENT of FA
3:40:20 - Concept of Impairment of FA
3:43:00 Q29 - 12 month expected credit loss - Probability of default approach
3:44:19 Q30 - Life Time Expected Credit Loss
3:43:36 Q31 - 12 month expected credit loss - Loss Rate Approach
3:45:05 Q32 - FVTOCI concept in Impairment


ACCOUNTING OF FINANCIAL GUARANTEE
4:14:00 - Concept
4:18:36 Q33 - Sum of Financial Guarantee


DERIVATIVE CONTACT
3:46:15 - Concept
3:46:52 Q34
3:50:58 Q35
4:20:28 Q36


3:59:38 DERV SUMMARY


HEDGE ACCOUNTING:
4:05:37 Concept
4:06:41 Q37


EMBEDDED DERIVATIVES:
3:52:15 - Concept
Extra Question
4:22:09 Q38 - Entity PQR Ajeeb Question - Ratt Lo
4:00:21 Q39
Q.40 - Self

4:13:00 IMP SUMMARY

Regular way Purchase of FA:
3:37:22 - Q.41 → Regular way Purchase of FA

[ayushagrawal]

ll 39- Unit 2 ill 31 - 49:10 (FL)
ill 40- Unit 2 ill 32 - 52:32 (FL)
Example- ER & EE Relationship
ill 33- Unit 2 ill 25 - 1:02:31 (FA Security Deposit-Special Relationship)
ill 116- Comp. ill 1- 1:06:26 (FA Parent Subsidiary-Special Relationship)
ill 122- TYK 1 - 1:10:22 (FA ER' EE'-Special Relationship)
Ques 4 (Past Exam Nov20) - 1:15:24 (Similar to above ill 122)
ill 36 (Past Exam Dec 21) - 1:19:12
Ques 8 (RTP May19) -1:23:24(Similar to above ill 36)
ill 29- 1:26:25 (FV based on level 1 input)
Ques 12 (Past Exam Nov18) - 1:27:43

Compound Financial instrument:
ill 117- Comp. ill 2- 1:51:48
ill 126- (MTP May 23) - 1:55:11
ill 125- TYK 4 - 1:56:31
ill 121- Comp. ill 6 - 2:03:51 (CFI + Fixed to Fixed)
Ques 17- (RTP May 22) - 2:43:47(CFI)

Early Redemption/Settlement:
Ques 1- (RTP Dec 21) - 2:07:57

Ex 6- 2:28:10 (Derecognition of FA)
Ex 7- 2:34:04 (Factoring of Debtors)
Ques 2- (MTP March 19) - 2:38:40
Ques 10- (RTP May 20) - 2:4041

Modification Accounting:
Ex 2 - Ex 3 of Module Pg No.11.164 (Extinguishment Accounting) - 2:52:47
Debt for Equity Swap:
Ex 3- Ex 5 of Module Pg No. 11.169
ill 124- (Past Exam Dec 21) - 3:00:23
ill 124- TYK 3- 3:00:18
ill 123- TYK 2 - 3:22:07
Ques 7- (RTP Nov 18) - 3:30:53
Ques 19- (RTP Nov 22) - 3:32:09

Regular way Purchase of FA:
ill 105- Unit 5 ill 3 - 3:38:16

Impairment:
ill 50- Unit 2 ill 42 - 3:42:59
ill 51- Unit 2 ill 43 - 3:43:30
ill 52- Unit 2 ill 44 - 3:44:20
Ques 9- (RTP Nov 19) - 3:45:08

Derivative:
ill 118- Comp. ill 3 - 3:46:50
ill 119- Comp. ill 5 - 3:50:50

Embedded Derivative:
ill 100- 3:54:44
ill 119- Comp. ill 4 - 4:00:19
ill 102- Unit 4 ill 15 - 4:04:47

Hedge Accounting:
Ques 14- (MTP April 21) - 4:06:37

Financial Guarantee:
ill 127- TYK 6 - 4:18:36

Debt instrument with prepayment option:
ill 99- 4:22:12

Contracts for purchase or sale of non-financial item:
ill 101- Unit 4 ill 14 - 4:23:54

Extra:
Ques 6- (MTP May 20) - 4:20:29
Ques 16 (RTP May 22)- 4:33:10

Common Pool: Ind AS 21
Ques 11- (RTP Nov 20) - 4:28:34

[Divya_K]

For my Ref:
Air1 QB
49:04 Q7
52:30 Q8
1:02:27 Q3
1:06:11 Q2
1:10:11 Q4
1:19:06 Q6
1:27:47 Q1
1:51:51 Q16
1:55:07 Q18
1:56:30 Q14
2:03:50 Q17
2:08:37 Q20
2:22:20 De-recognition (Partial + Full)
2:31:24 De-recognition (Factoring)
2:38:39 Q15
2:40:43 Q9
2:45:43 Modification
2:52:45 Examples of Modification
3:00:20 Q24
3:20:54 Q22 🌟
3:30:46 Q21
3:43:00 Q29
3:43:36 Q31
3:44:19 Q30
3:45:05 Q32
3:46:52 Q34 DERIVATIVE
3:50:58 Q35
3:59:38 DERV SUMMARY
4:00:21 Q39
4:06:41 Q37
4:13:00 IMP SUMMARY
4:18:36 Q33
4:20:28 Q36
4:22:09 Q38
4:36:20
4:36:28 Q26
4:38:33 Q11

[mohammedhidayathulla]

Compiled time stamps

3:18 Chapter Overview
4:00 Ind AS 32
4:16 FI Definitions(FA, FL, Equity)
21:25 F2F test
24:07 IND AS 109 Starts
24:36 FA classification
26:02 Business Model Test
26:28 CCFC Test
29:00 Summary of Classification
31:30 FL Classification
32:13 Initial Measurement(ACM Method)
33:03 Fair Value (Very Important for solving many sums)
36:50 Steps to Solve problems with Example Sums(When FV = Assumed Case)
49:13 Illustration No: 39 (FV = Assumed based prob)
52:27 Illustration No: 40( FV = Assumed based probab)(Loan paid in Installment)
57:13 ACM Method (FV = Compute) with example sums
1:02:21 Illustration No: 33( FV = Computed based)( Lessor - Lessee)
1:06:26 Illustration No:116( FV = Computed based)( Parent - Subsidiary)
1:10:32 Illustration No: 122 ( FV = Computed)( Company - Staff Loan)(Loan in Installment)
1:15:26 Question : 4
1:16:11 Summary of Relationship and Accounting
1:19:05 Illustration No:36
1:23:27 Question No:8
1:25:06 Level 1 Input
1:26:27 Illustration No: 29( Level 1 input)
1:27:47 Question No: 12( Level 1 input)
1:30:40 Break for 10 Mins
1:44:47 Compound Financial Instrument with Example Sum
1:51:51 Illustration No: 117( CFI )
1:55:11 Illustration No: 126(CFI)
1:56:30 Illustration No: 125 (CFI)
1:58:12 CFI with Transaction Cost with Example Sum
2:02:54 Summary of CFI with & without Transaction Cost
2:03:45 Illustration No: 125(CFI with Transaction Cost)
2:07:54 Question No: 1 ( CFI Early Settlement)
2:13:32 What’s done up to now is explained
2:15:31 Initial measurement as per Fair Value method(FVTOCI, FVTPL)
2:17:02 Subsequent Measurement
2:19:30 Finance Liability Subsequent Measurement
2:20:06 Reclassification
2:22:28 - Derecognition of FA
2:23:15 - Full DR
2:23:56 - Partial DR
2:31:33 - Factoring
2:45:47 - Modification
2:22:25 - Derecognition of Financial Asset
2:28:10 - Derecognition of FA Example 6
2:31:30 - Factoring
2:34:05 - Partial Factoring Example 7 [161]
2:37:37 - Derecognition of Financial Liability
2:38:40 - Question 2
2:40:40 - Question 10
2:46:25 - Modification (FL)
2:52:46 - Example 2 Modification Accounting
2:57:05 - Example 1 Extinguishment accounting [163]
2:55:25 - why TC added while calculating FV of outflow during modification
3:00:18 - Illustration 124 - modification [183]
3:08:10 - Break
3:18:40 - Modification in case of Lender (FA)
3:22:07 - Illustration 123 - Wheel Co, Ltd has a policy (new solution) [179]
3:30:47 - Question 7 (assumption) [190]
3:32:10 - Question 19: Interest Free Loan to employee (ICAI wrong entry) [191]
3:34:20 - Recall Modification Steps
3:37:25 - Regular Way Illustration 105 [158]
3:40:19 - Impairment of Financial Asset
3:43:00 - Illustration 150, 151, 152 [134]
3:45:07 - Question 9 [191]
3:46:13 - Derivatives
3:46:50 - Illustration 118 & 120 - Future & Put option [170]
Embedded Derivatives Illustration 118, 120
How to diffrentiate embbeded derivatives & Derivatives
Cash Flow Hedge
4:12:40 - Diffrence b/w Embedded derivative and Hedging
4:13:50 - Financial Gaurantee
4:20:25 - Question 6 [202]
4:22:04 - Illustration 99 [150]
4:25:50 - Example 3 [165]
4:28:30 : Question 11 - Ind as 21 [ ]
4:33:10 - Question 16 - refer - [201]

[ayushvarshney]

2:22:25 - Derecognition of Financial Asset
2:28:10 - Derecognition of FA Example 6
2:31:30 - Factoring
2:34:05 - Partial Factoring Example 7 [161]
2:37:37 - Derecognition of Financial Liability
2:38:40 - Question 2
2:40:40 - Question 10
2:46:25 - Modification (FL)
2:52:46 - Example 2 Modification Accounting
2:57:05 - Example 1 Extinguishment accounting [163]
2:55:25 - why TC added while calculating FV of outflow during modification
3:00:18 - Illustration 124 - modification [183]
3:08:10 - Break
3:18:40 - Modification in case of Lender (FA)
3:22:07 - Illustration 123 - Wheel Co, Ltd has a policy (new solution) [179]
3:30:47 - Question 7 (assumption) [190]
3:32:10 - Question 19: Interest Free Loan to employee (ICAI wrong entry) [191]
3:34:20 - Recall Modification Steps
3:37:25 - Regular Way Illustration 105 [158]
3:40:19 - Impairment of Financial Asset
3:43:00 - Illustration 150, 151, 152 [134]
3:45:07 - Question 9 [191]
3:46:13 - Derivatives
3:46:50 - Illustration 118 & 120 - Future & Put option [170]
Embedded Derivatives Illustration 118, 120
How to diffrentiate embbeded derivatives & Derivatives
Cash Flow Hedge
4:12:40 - Diffrence b/w Embedded derivative and Hedging
4:13:50 - Financial Gaurantee
4:20:25 - Question 6 [202]
4:22:04 - Illustration 99 [150]
4:25:50 - Example 3 [165]
4:28:30 : Question 11 - Ind as 21 [ ]
4:33:10 - Question 16 - refer - [201]

[Chinu-]

Ind AS 109- Study Mat Ques Reference + RTP /MTP/PP

ill 39- Unit 2 ill 31 - 49:10 (FL)
ill 40- Unit 2 ill 32 - 52:32 (FL)✨
Example- ER & EE Relationship
ill 33- Unit 2 ill 25 - 1:02:31 (FA Security Deposit-Special Relationship)
ill 116- Comp. ill 1- 1:06:26 (FA Parent Subsidiary-Special Relationship)
ill 122- TYK 1 - 1:10:22 (FA ER' EE'-Special Relationship)
Ques 4 (Past Exam Nov20) - 1:15:24 ✨(Similar to above ill 122)
ill 36 - Unit 2 ill 28 - 1:19:12
Ques 8 (RTP May19) -1:23:24✨(Similar to above ill 36)
ill 29- 1:26:25 (FV based on level 1 input)
Ques 12 (Past Exam Nov18) - 1:27:43

Compound Financial instrument:
ill 117- Comp. ill 2- 1:51:48
ill 126- TYK 5 - 1:55:11
ill 125- TYK 4 - 1:56:31 ✨
ill 121- Comp. ill 6 - 2:03:51 (CFI + Fixed to Fixed)✨
Ques 17- (RTP May 22) - 2:43:47✨(CFI)

Early Redemption/Settlement:
Ques 1- (RTP Dec 21) - 2:07:57 ✨

Ex 6- 2:28:10 (Derecognition of FA)
Ex 7- 2:34:04 (Factoring of Debtors)
Ques 2- (MTP March 19) - 2:38:40✨
Ques 10- (RTP May 20) - 2:40:41✨✨

Modification Accounting:
Ex 2 - Ex 3 of Module Pg No.11.164 (Extinguishment Accounting) - 2:52:47
Debt for Equity Swap:
Ex 3- Ex 5 of Module Pg No. 11.169 - 4:25:45
ill 124- (Past Exam Dec 21) - 3:00:23 ✨✨✨
ill 124- TYK 3- 3:00:18✨✨ ✍️
ill 123- TYK 2 - 3:22:07✨✨✍️
Ques 7- (RTP Nov 18) - 3:30:53
Ques 19- (RTP Nov 22) - 3:32:09

Regular way Purchase of FA:
ill 105- Unit 5 ill 3 - 3:38:16

Impairment:
ill 50- Unit 2 ill 42 - 3:42:59
ill 51- Unit 2 ill 43 - 3:43:30
ill 52- Unit 2 ill 44 - 3:44:20
Ques 9- (RTP Nov 19) - 3:45:08

Derivative:
ill 118- Comp. ill 3 - 3:46:50
ill 119- Comp. ill 5 - 3:50:50

Embedded Derivative:
ill 100- 3:54:44
ill 119- Comp. ill 4 - 4:00:19
ill 102- Unit 4 ill 15 - 4:04:47

Hedge Accounting:
Ques 14- (MTP April 21) - 4:06:37

Financial Guarantee:
ill 127- TYK 6 - 4:18:36

Debt instrument with prepayment option:
ill 99- 4:22:12

Contracts for purchase or sale of non-financial item:
ill 101- Unit 4 ill 14 - 4:23:54

Extra:
Ques 6- (MTP May 20) - 4:20:29✨✨
Ques 16 (RTP May 22)- 4:33:10

Common Pool: Ind AS 21
Ques 11- (RTP Nov 20) - 4:28:34

Thank you sir for this amazing video...❤

[priyanshukhandelwal]

Copied from replies, as it was not appearing infront.

Time Stamps continued from Below student's time stamps :)

2:14:50 MCQ p.o.v. discussion
2:22:20 De-recognition (Partial + Full)
2:31:24 De-recognition (Factoring)
2:37:57 Modification starts
2:38:25 Modification paused & Q.2 discussed
2:40:40 Q.10
2:43:47 Q.17
2:45:43 Modification come-back
2:52:45 Examples of Modification
3:00:20 Illustration 124 - Co. Ltd.
3:08:10 Chai/Paani Break
3:18:38 Modification from Lender's p.o.v.
3:20:54 Illustration 123 - Co. Ltd. (Do WATCH THIS, bec. change in treatment by sir to be in line with ICAI)
3:29:05 Summary of Illustration 123
3:29:04 Q.19
3:34:23 Summary of Modification in case of FA
3:37:16 Regular way pur./sale of FA
3:40:18 Impairment of FA
3:46:09 Derivatives
3:52:17 Embedded Derivatives
4:00:20 Illustration 119
4:05:00 How to differentiate whether Q. is of Derivative or Embedded Derivative?
4:05:38 Hedge Accounting
4:06:41 Q.14
4:12:21 Difference b/w Hedge & Embedded Derivative
4:13:58 Financial Guarantee
4:18:37 Illustration 127
All conceptual discussion over until here. Few extra Q.s after this by sir :) #AK_Hai_Bhai_Saab
4:20:27 Q.6
4:22:05 Illustration 99
4:23:53 Illustration 101
4:25:50 Example 3
4:28:30 Commom Pool Q.11

The
Best faculty for CA Final Go without any doubt guys with AK sir, maja hi aa jaega
cya sir after May 24 results
#StayBlessedAlways

[Chinu-]

Self Ref LDR
48:20 - Summary
50:04 - Steps normal ques
53:59 - Steps CF Table
1:10:53 - Steps for SR installment
1:13:23 - Balance Sheet Key point
1:16:15 - Summary of SR
1:47:26 - CFI Steps
2:09:04 - Early Red Steps
3:34:30 - Modification Steps
4:05:06 - Differentiate btw Der & Emb Der
4:12:28 - Diff btw Hedge & Emb der

[raunaqsharma]

Amazing revision sir, I took your lectures from Unacademy back in early 2023. Given my attempt is in May 2024, a lot of questions and minor details have changed in the syllabus since then, such revision videos help me to catch up. so Thanks a lot, this was much needed

[AmanK]

Air1 QB
49:04 Q7
52:30 Q8
1:02:27 Q3
1:06:11 Q2
1:10:11 Q4
1:19:06 Q6
1:27:47 Q1
1:51:51 Q16
1:55:07 Q18
1:56:30 Q14
2:03:50 Q17
2:08:37 Q20
2:22:20 De-recognition (Partial + Full)
2:31:24 De-recognition (Factoring)
2:38:39 Q15
2:40:43 Q9
2:45:43 Modification
2:52:45 Examples of Modification
3:00:20 Q24
3:20:54 Q22 🌟
3:30:46 Q21
3:43:00 Q29
3:43:36 Q31
3:44:19 Q30
3:45:05 Q32
3:46:52 Q34 DERIVATIVE
3:50:58 Q35
3:59:38 DERV SUMMARY
4:00:21 Q39
4:06:41 Q37
4:13:00 IMP SUMMARY
4:18:36 Q33
4:20:28 Q36
4:22:09 Q38
4:36:20
4:36:28 Q26
4:38:33 Q11

[nitin]

This revisiion followed with 5-6 hours of self study and question solving is enough to cover this chaper from scratch...!!
You are wonderful sir

[TaranjeetKaur-si]

Taranjeet Kaur Revision Time stamps:
52:26 ill 40
1:02:26 ill 33
1:10:10 ill 122 & MTP Q4
1:19:06 ill 136 & Q8
1:45:23 Example 4 + full till 2:13:26
2:16:30 4 charts
2:22:55 till 2:37:22 (Also do 3 cases of example 7)

[MUSKANCA]

45:47 -Transaction cost
LDR -2:38:00-Modification
ldr-3:45:37-Impairement of FA

[priyankaramkumar]

Ind AS 32
16:08 Compound Financial Instrument
19:00 Convertible Debenture (Conversion option with holder/ issuer)
21:25 F2F test (If Question silent > assume F2F met)

Ind AS 109
24:36 FA classification
29:00 Summary of Classification of FA
32:13 ACM Method
44:05 ACM Method with Transaction Cost Example
57:33 ACM Method - Pre- existing relation between Borrower and Lender
1:16:16 Summary of Relationship (Different between FV and Actual Transaction Price)
1:25:06 FV based on Level 1 Input
1:44:45 Compound Financial Instrument
1:58:01 CFI with Transaction Cost
2:02:54 Summary of CFI with & without Transaction Cost
02:07:57 CFI Early settlement
2:22:58 - Derecognition of Financial Asset
2:37:37 - Derecognition of Financial Liability

[preetikharbanda-se]

For my reference-
52:32- Amortization cost LDR ques May 2022 Qp
01:06:28- relationship Qn May 2018-LDR
02:23:00- Derecognition of Financial Asset
02:28:15- Only ques of derecognition Sea Ltd
3:20:52- modification in the books of lender (July 2021 Qn)-Bhavik chokshi Q-39
3:38:10- Regular way purchase of financial asset- Q51- Bhavik chokshi V-3
03:52:24- Embedded Derivatives
03:54:51- Embedded Derivative ABG Qn
04:22:06- Embedded derivative prepayment option
04:06:43- Hedge Accounting Copper Qn

[Mihirj]

1:19:17 parent sub imp q
1:56:32 50% in equity shares
2:07:54 CFI early settlement
3:46:00 derivatives to 4:05:08

[rishitannavlogs]

For own reference:
2:43:48 - Q1 - Pref Divi Not mand., CF WN3
2:40:42 - Q10 - Rectification of Fl from Equity & saving in int only checked when convertible
1:56:28 - Illus 125 - 50% Eq, 50% FL Principal.
3:22:05 - Illus 123 - Modi of FA (lender)