All Accounting Standards || IFRS

"⚡️ Dive into the fast lane of IFRS mastery! This quick revision guide has got you covered. 🚀 Unlock the secrets of financial standards in minutes! 💼 Stay ahead in the finance game with this essential overview. 🌐

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[mohitsalvankar]

You are THE BEST. Just 22 days remaining for the SBR exam. This video is a Boon for all. THANKS A LOT. You are great. God Bless.

Moreover just by watching the Video, not only the revision is done quickly, But I could feel a great level of Positivity and a Great Aura of yours. You are really special.

I Wish and Pray, I develop enough skills that I will Join TG Profs and Teach along with you in your guidance.

[mohammedaboobacker]

00:05 Overview of IFRS standards and revisions
02:44 IFRS standards for non-current assets include IS1 16 for property, plant, and equipment, intangible assets, investment property, government grants, and borrowing costs.
08:28 The cost model in accounting standards includes various components for recording assets.
11:43 Revaluation upward goes through OCI, downward through P&L. Fair value model involves fair valuing of assets at each reporting date.
17:58 Impairment involves comparing the carrying amount and recoverable amount of an asset.
20:28 CGU and Impairment Allocation in Accounting Standards
25:57 Calculate weighted average cost of capital
28:54 IFRS 5 Accounting Standards for Discontinued Operations
33:37 Accounting for present value, lease liability, and ROOU
36:21 Financial lease under IFRS involves derecognizing the asset and recording a receivable.
41:42 Calculation of ROU and journal entry for sales at fair value
44:17 Recognition of income when transfer is not a sale
49:26 Important steps in revenue recognition
52:08 Recording Revenue over time based on progress
57:09 Having a call option for repurchase does not meet the definition of a sale.
59:39 Call option signifies a lease, put option can be with or without obligation
1:05:07 Convertible debentures give bond holders the option to convert their loan into equity.
1:07:38 Equity instrument at fair value through OCI
1:12:47 Debt instrument accounting under IFRS 9
1:15:25 Hedging is like betting on fear
1:20:10 Hedging under IFRS 9
1:22:43 Hedging ratio must be appropriate for effective hedging
1:27:40 IFRS 2 deals with employee benefits and estimation of employee leaving
1:30:02 Calculation and adjustment of deficit figure
1:38:21 Control and consolidation principles in accounting
1:41:06 Working notes for IFRS accounting standards
1:46:10 Calculation of total notional Goodwill for allocation of impairment
1:48:34 Accounting for Goodwill and Group Transactions
1:53:45 Accounting treatment of joint arrangements under IFRS
1:56:35 Joint operation accounting treatment in IFRS

[AbdulSamadJanjua]

Watched bits from the video. Best thing is there are no adds. Very nice, thank you Tashwita. And yes, your handwriting is brilliant :)

[rumaabatool]

Thank you so much Ma'am, I took your SBR-related video in the last attempt and passed that exam.
Now, watching these for AAA. These are really helpful.

[muzahuradavid]

Wow the best video on IFRS. Even the screen is perfect

[kavyajayakumar]

Perfect class✨
Perfect tutor✨
One&only Taswita gupta❤️🌝

[OBrianNtebeka]

This is a great summary of the major standards, thank you for this helpful recap at a critical time like this, it will definitely go a long way.

[awaizzahid]

8 hours to your sbr exam praying to god to make you competenet enough to revise all opens youtube and founds this gem thank you mam you dont know what have you contribited to my exam

[akashjelt]

May God bless ypu. Thanks a ton! before this video, I was not sure if I would pass this SBR exam but I am sure that all that I have watched and learnt through the revision period has helped me gain those golden marks. Thanks a ton, really appreciate your efforts. Wonderful teaching method and you are very updated with the latest tech. Love it !!! Keep up this good work ma'am. :)

[FaizCMA]

It's just awesome, well explained, consice and clear. It shows your competencies.
I recommend the accounts' professionals to watch it at least once.
God bless you.

[akakiimpabrian]

this is pure gold for SBR revision thanks Tashwita Gupta

[mohiuddinadnan]

Going to Attempt AAA, but watching this lecture as a revision and which reminds me the roller-coaster preparation of SBR. This video is really helpful as I am familiar with your teaching approach from SBR. Saved a lot of time.

[nodirjobirov]

The best explantion of Standards. No comments.

[abinvincent]

Quality Content delivered with quality spec by Quality Faculty TG

[faceandfatereader]

I seriously wish you all love and happiness.. you are doing a great job.. this video is really helpful
I am appearing for DIP ifrs exam this week! Thank you so much 😊God bless you for helping us so much

[varshasanthakumar]

Much needed and helpful revision for AAA preparation. thank you so much ma'am.

[danwellmanda]

Thanks Madam Tashwita for all the effort and passion you put in these extremely valuable resources freely available to us all. Am sitting AAA but I needed this revision

[kcdheeraj]

Fantastic presentation! I really appreciate your efforts! 🙂

[Usama-ko]

Best revision video on IFRS that I have seen! You are a doing superb work which should be appreciated more (i.e; only 188 likes for 2.2 k views)?

[deborahize-iyamu]

Hello Madam, thank you so so much for this style of teaching. I am resitting SBR in September and I trust this has increased my knowledge on most of the IFRS standards. God bless you Ma'am.