IND AS 115 Revision | All Concepts alongwith Imp Ques | CA Final FR | CA Aakash Kandoi

[@CAAakashKandoi]

Link for Board Notes of IND AS 115: t.me/aakashkandoi_FR/3598 In this Session we have Revised - All Concepts - All Important Questions - Diff between IND AS vs AS Do Share it with your friends as well who might benefit from this session😊💙 #FRwithAK

[@prernabaidbaradia7890]

Please share board notes again

[@abhishekgupta5092]

Yes sir, please reshare the Board notes, since the file is not loading properly

[@namratabana882]

Sir one question..what is the difference between contract liability and refund liability. Apny ek entry m contract liability likha h ek m refund liability.

[@akhileshladdha2596]

5 Step Model 5:34 Step 1 Identifying the Contract 16:45 Step 2 Identify PO 22:07 Step 3 Determining TP 43:28 Step 4 Allocating TP to PO 52:24 Step 5 Recognize Revenue Special Cases 58:38 (01) Principal vs Agent Nov23 1:00:38 (02) Non-Refundable Upfront Fees 1:01:49 (03) Customer Options for additional Goods & Service 1:04:29 (04) Sale with a Right of Return 1:07:08 (05) Restocking Fees 1:08:27 (06) Warranties 1:10:07 (07) Consignment Arrangements 1:11:20 (08) Sale & Repurchase Agreements 1:13:26 (09) Bill & Hold 1:15:33 (10) License of Intellectual Property 1:18:21 (11) Contract Costs Nov23 1:58:56 (12) Service Concession Arrangements 1:21:40 LDR Question revision 2:32:30 Difference between IndAS & AS

[@pratikshanaik6541]

Thanks

[@sanket1807]

ICAI apko 10 marks extra de..

[@sahiljamariya9259]

thanks brother, godspeed to you

[@vaibhavjha09]

Thanks Brother !!🤜🤛

[@ajaychandel6259]

Thanks bhai 😁

[@Chinu123-13]

Ind AS 115 Ques: Solution Pg no of board notes 1:23:11 - Illustration 8 1:24:41 - Illustration 9 Pg no 7 (LDR) 1:26:08 - Illustration 22 Pg no 27 (LDR) 1:27:49 - illustration 23 Pg no 22 (LDR) 1:29:51 - illustration 27 1:30:51 - Illustration 31 Pg no 17 (LDR) 1:32:38 - illustration 32 Pg no 16 (LDR²) 1:36:45 - illustration 34 1:37:50 - illustration 35 Pg no 20 (LDR) 1:40:15 - illustration 36 easy (similar as ill 35) 1:40:19 - Illustration 38 - reading (SFC) 1:40:49 - illustration 39 - Pg no 29 (LDR²) 1:43:57- illustration 40 - Pg no 30 (LDR²) 1:45:33 - illustration 52 1:45:56 - illustration 55 - Pg no 14 (LDR²) 1:48:43 - illustration 56 - Pg no 36 (LDR³) 1:53:57 - illustration 65 - Pg no 36 (LDR) 1:56:25 - illustration 68 1:57:39 - illustration 72 1:58:19 - illustration 73 1:58:58 - illustration 75 - Pg no 33 (LDR³) Concession arrangement 2:04:28 - illustration 77 2:05:00 - illustration 79 (LDR) 2:07:02 - illustration 80 2:07:38 - Illustration 81 (LDR) 2:08:48 - illustration 82 (LDR) 2:09:43 - illustration 83 1:25:52 - Illustration 10 - reading 1:26:00 - Illustration 17 - reading 1:29:35 - illustration 26 - reading RTP/MTP/PP Questions:- 2:10:51 - Ques 1 - Pg no 38 (LDR³) 2:18:52 - Ques 3 - Pg no 42 (LDR²) 2:21:18 - Ques 4 - Pg no 44 (LDR³) 2:25:23 - Ques 5 - Reading 2:25:28 - Ques 6 - Self - Pg no 43 2:25:44 - Ques 7 - Pg no 46 - (LDR³+) Solve point 3 & 4 from module 2:29:56 - Ques 8 - Self - Pg no 43 2:30:00 - Ques 9 - Pg no 47 - (LDR) 2:32:16 - Ques 12 - Pg no 48 2:32:34 - Difference between Ind AS 115 visa vis AS 7 or AS 9 2:34:50 - Ques on Difference (Imp.) relatable to Illustration 35 (Warranty) Thank you so much sir ❤

[@kajaltarway]

Thanks

[@Chinu123-13]

@@kajaltarway 😊

[@namratabana882]

Thanksssssss.

[@darshagrawal5394]

Thanks

[@PankajYadav-st4sq]

Thanks

[@ArjunShivatejJoshi-rm3ox]

1:59 Master Example for understanding IND AS 115 4:54 Core Recognition Principle 5:22 5 Step for Recognition of Revenue 9:01 combining contracts 10:17 Contract Modifications 16:46 Identification of POs 20:46 Long term arrangements 22:10 Transaction Price Determination 22:45 Variable Consideration 24:02 Estimations of Variable Considerations 25:35 Constraining Estimates of Variable considerations 26:11 Significant Financial Component 31:54 Non Cash Considerations & Considerations Payable to a Customer 43:28 Allocating TP to PO 52:24 Recognize Revenue 58:38 Principal vs Agent Nov23 1:00:38 Non-Refundable Upfront Fees 1:01:49 Customer Options for additional Goods & Service 1:04:29 Sale with a Right of Return 1:07:08 Restocking Fees 1:08:27 Warranties 1:10:07 Consignment Arrangements 1:11:20 Sale & Repurchase Agreements 1:13:26 Bill & Hold 1:15:33 License of Intellectual Property 1:18:21 Contract Costs Nov23 1:23:30 Q8 - ICAI Assumptions Qn 1:24:42 Q9- Cum Catch up Basis 1:26:11 Q22- Disc on Future Membership Fees based on Current Membership Fee 1:27:50 Q23- Discount Voucher 1:29:45 Q27- Principle Agent 1:30:54 Q31- Cum Catch Up Basis 1:32:35 Q.32 Fixed Fee + Variable Consideration 1:36:46 Q.34 Rev + Refund Liability + Right to Received Asset / COGS 1:40:21 Q.38 1:40:51 Q.39 1:44:00 Q.40 1:46:01 Q.55

[@shivaniagarwal246]

Finally finally finally i m watching this video for interview ❤ dream comment ❤

[@ca.mayanksharma]

At last, I’m diving into this video for my CA interview prep! 🎯 For everyone out there grinding through exam prep, remember that your hard work will pay off. Keep your eyes on the prize and stay determined-you’re almost there!

[@poojachouhan05]

Before 1 month of exams.. What was your mindset?

[@ca.mayanksharma]

@@poojachouhan05 A month before exams, I felt a mix of nervousness and excitement. I tried to stay calm, practice well, and embrace the journey, believing everything would turn out okay.

[@29ntr]

1:23:11 - Illustration 8 1:24:41 - Illustration 9 Pg no 7 (LDR) 1:26:08 - Illustration 22 Pg no 27 (LDR) 1:27:49 - illustration 23 Pg no 22 (LDR) 1:29:51 - illustration 27 1:30:51 - Illustration 31 Pg no 17 (LDR) 1:32:38 - illustration 32 Pg no 16 (LDR²) 1:36:45 - illustration 34 1:37:50 - illustration 35 Pg no 20 (LDR) 1:40:15 - illustration 36 easy (similar as ill 35) 1:40:19 - Illustration 38 - reading (SFC) 1:40:49 - illustration 39 - Pg no 29 (LDR²) 1:43:57- illustration 40 - Pg no 30 (LDR²) 1:45:33 - illustration 52 1:45:56 - illustration 55 - Pg no 14 (LDR²) 1:48:43 - illustration 56 - Pg no 36 (LDR³) 1:53:57 - illustration 65 - Pg no 36 (LDR) 1:56:25 - illustration 68 1:57:39 - illustration 72 1:58:19 - illustration 73 1:58:58 - illustration 75 - Pg no 33 (LDR³) Concession arrangement 2:04:28 - illustration 77 2:05:00 - illustration 79 (LDR) 2:07:02 - illustration 80 2:07:38 - Illustration 81 (LDR) 2:08:48 - illustration 82 (LDR) 2:09:43 - illustration 83 1:25:52 - Illustration 10 - reading 1:26:00 - Illustration 17 - reading 1:29:35 - illustration 26 - reading RTP/MTP/PP Questions:- 2:10:51 - Ques 1 - Pg no 38 (LDR³) 2:18:52 - Ques 3 - Pg no 42 (LDR²) 2:21:18 - Ques 4 - Pg no 44 (LDR³) 2:25:23 - Ques 5 - Reading 2:25:28 - Ques 6 - Self - Pg no 43 2:25:44 - Ques 7 - Pg no 46 - (LDR³+) Solve point 3 & 4 from module 2:29:56 - Ques 8 - Self - Pg no 43 2:30:00 - Ques 9 - Pg no 47 - (LDR) 2:32:16 - Ques 12 - Pg no 48 2:32:34 - Difference between Ind AS 115 visa vis AS 7 or AS 9 2:34:50 - Ques on Difference (Imp.) relatable to Illustration 35 (Warranty)

[@sknbbx]

I guess its time now. aj mujhe bhi ye likhne ka sobhgya prapt hua ki "watching this video for interview" 🤣. Khamma Ghani gurudev

[@kajalahuja8463]

Watching this after becoming CA for interview preparation... ❤️

[@bujanurunuthanprasad7047]

😂

[@UshaNagare.]

Me too

[@jithinalpy]

Reality is different

[@RandomVideos-wr1tz]

Watching this to become CA 😂

[@suyashmahajan282]

Illustration 27 - 1:29:46 Illustration 40 - 1:43:57 Illustration 56 - 1:48:45 Illustration 68 - 1:56:25 Illustration 72 - 1:57:38 Illustration 73 - 1:58:19 Illustration 75 - 1:58:57 - 2:04:27 Illustration 79 - 2:04:58 Illustration 80-83 : 2:07:03

[@lakshaymittal635]

Ajay M24 QB 1:49:19 An entity........transfers license A & B Ques 28 2:25:45 A Ltd is a Co. (Financing Component) Ques 21

[@deepanshukeswani1698]

COMPILED FROM COMMENTS 1:59 Master Example for understanding IND AS 115 4:54 Core Recognition Principle 5:22 5 Step for Recognition of Revenue 9:01 combining contracts 10:17 Contract Modifications 16:46 Identification of POs 20:46 Long term arrangements 22:10 Transaction Price Determination 22:45 Variable Consideration 24:02 Estimations of Variable Considerations 25:35 Constraining Estimates of Variable considerations 26:11 Significant Financial Component 31:54 Non Cash Considerations & Considerations Payable to a Customer 43:28 Allocating TP to PO 52:24 Recognize Revenue 58:38 Principal vs Agent Nov23 1:00:38 Non-Refundable Upfront Fees 1:01:49 Customer Options for additional Goods & Service 1:04:29 Sale with a Right of Return 1:07:08 Restocking Fees 1:08:27 Warranties 1:10:07 Consignment Arrangements 1:11:20 Sale & Repurchase Agreements 1:13:26 Bill & Hold 1:15:33 License of Intellectual Property 1:18:21 Contract Costs Nov23 1:23:30 Q8 - ICAI Assumptions Qn 1:24:42 Q9- Cum Catch up Basis Pg no 7 (LDR) 1:26:11 Q22- Disc on Future Membership Fees based on Current Membership Fee Pg no 27 (LDR) 1:27:50 Q23- Discount Voucher Pg no 22 (LDR) 1:29:45 Q27- Principle Agent 1:30:54 Q31- Cum Catch Up Basis Pg no 17 (LDR) 1:32:35 Q.32 Fixed Fee + Variable Consideration Pg no 16 (LDR²) 1:36:46 Q.34 Rev + Refund Liability + Right to Received Asset / COGS 1:37:50 - illustration 35 Pg no 20 (LDR) 1:40:15 - illustration 36 easy (similar as ill 35) 1:40:19 - Illustration 38 - reading (SFC) 1:40:49 - illustration 39 - Pg no 29 (LDR²) 1:43:57- illustration 40 - Pg no 30 (LDR²) 1:45:33 - illustration 52 1:45:56 - illustration 55 - Pg no 14 (LDR²) 1:48:43 - illustration 56 - Pg no 36 (LDR³) 1:53:57 - illustration 65 - Pg no 36 (LDR) 1:56:25 - illustration 68 1:57:39 - illustration 72 1:58:19 - illustration 73 1:58:58 - illustration 75 - Pg no 33 (LDR³) Concession arrangement 2:04:28 - illustration 77 2:05:00 - illustration 79 (LDR) 2:07:02 - illustration 80 2:07:38 - Illustration 81 (LDR) 2:08:48 - illustration 82 (LDR) 2:09:43 - illustration 83 1:25:52 - Illustration 10 - reading 1:26:00 - Illustration 17 - reading 1:29:35 - illustration 26 - reading RTP/MTP/PP Questions:- 2:10:51 - Ques 1 - Pg no 38 (LDR³) 2:18:52 - Ques 3 - Pg no 42 (LDR²) 2:21:18 - Ques 4 - Pg no 44 (LDR³) 2:25:23 - Ques 5 - Reading 2:25:28 - Ques 6 - Self - Pg no 43 2:25:44 - Ques 7 - Pg no 46 - (LDR³+) Solve point 3 & 4 from module 2:29:56 - Ques 8 - Self - Pg no 43 2:30:00 - Ques 9 - Pg no 47 - (LDR) 2:32:16 - Ques 12 - Pg no 48 2:32:34 - Difference between Ind AS 115 visa vis AS 7 or AS 9 2:34:50 - Ques on Difference (Imp.) relatable to Illustration 35 (Warranty) THANKYOU AK SIR ❤❤❤❤❤❤

[@rasusrivastava8326]

Tq bhai soo helpful❤

[@Kanhaiyakumawat6991]

Q LDR Marking CP TIME ill8 NA NA NA 01:23:30 ill9 LDR MTPOCT21 7 01:24:42 ill22 LDR MTPAPRIL22 27 01:26:11 ill23 LDR PPNOV22 22 01:27:50 ill27 NA NA NA 01:29:45 ill31 LDR NA 17 01:30:54 ill32 LDR PPDEC21 16 01:32:35 ill34 LDR PPDEC21,MTP-AP19 NA 01:36:46 ill38 NA MTP-OCT-21 28 01:40:21 ill39 LDR NA 29 01:40:51 ill40 LDR NA 30 01:44:00 ill55 LDR PP-JULY-21 14 01:46:01 ill56 LDR MTP-MAR.19 36 01:48:44 ill65 LDR PP-MAY-19 36 01:54:00 ill72 LDR NA NA 01:57:40 ill75 LDR PP-NOV-22 33 01:59:00 Q1 LDR MTP-O19,M19,O20 38 02:11:12 Q3 LDR PP-N19,MTPN21 42 02:18:55 Q4 LDR PP-N20,M-M23, 44 02:21:21 Q5 NA RTP-MAY-21-READ NA 02:25:25 Q6 NA MTP-APRIL-21 READ 43 02:25:31 Q7 LDR PPJAN21, MTP-N22 46 02:25:45 Q9 LDR PPM23,R-M22,M-N22,M23 47 02:30:00 Q12 NA RTP-NOV-22 48 02:32:18

[@silkygarg7681]

Ak Sir ur revisonary videos genuinely save our lot of time nd boost confidence also

[@adityamatani9846]

For my reference : Q.25 (ABC ltd) 2:21:19 Q.48 (KK ltd-Customer loyalty points) 2:10:45 Q. 58 (On 01 January 2011)(step-5 que) 1:53:55 Q.59 (An entity has a fixed fee) (step-5 que)1:32:35 Q.63 (A ltd. is a company) 2:25:45 Q.64 (Nivaan ltd) 2:18:54 Q.70 (Service concession arrangement) (bhilwara project) 1:59:00

[@sheetalnayak3587]

Thq

[@creatingvision6231]

@ 1:32:59

[@ashishchoudhary3810]

AIR 1 MAY QB Q.41 - 1:23:30 Q 43. - 1:24:41 Q 37 - 1:26:12 Q 38 - 1:27:50 Principal Agent- 1:29:45 Q 10 - 1:30:56 Q 31 - 1:32:40 Q 33 - 1:36:50 Q 36 - 1:38:00 Q 19 - 1:40:20 Q 20 - 1:40:50 Q 22 - 1:44:00 Q 15 - 1:45:35 Q 25 - 1:46:02 Q 29 - 1:54:00

[@ravindersinghbagga3793]

2:25:52 21

[@atishsamal6786]

Q27- 1:49

[@atishsamal6786]

Q27- 1:49

[@poojabansal5738]

28- 1:48:46

[@poojabansal5738]

47-1:58:20

[@casparshahuja777]

For my ref 1:27:49 - illustration 23 (LDR) 1:32:38 - illustration 32 (LDR²) 1:37:50 - illustration 35 (LDR) 1:40:49 - illustration 39 (LDR²) 1:43:57- illustration 40 (LDR²) 1:48:43 - illustration 56 - (LDR³) 1:53:57 - illustration 65 - (LDR) 1:58:58 - illustration 75 - (LDR³) Concession arrangement 2:07:38 - Illustration 81 (LDR) 2:08:48 - illustration 82 (LDR) 2:10:51 - Ques 1 - (LDR³) 2:18:52 - Ques 3 - (LDR²) 2:21:18 - Ques 4 - (LDR³) 2:25:44 - Ques 7 - (LDR³+) 2:30:00 - Ques 9 - (LDR)

[@beenujoshi_06]

Very helpful. Took classes 1 year ago. Able to recall small point that we usually miss doing self revision.

[@sruti5679]

1:30 Principal agent 2 ilustrations For me 1:59 Master Example for understanding IND AS 115 4:54 Core Recognition Principle 5:22 5 Step for Recognition of Revenue 5:34 Step 1 Identifying the Contract 9:01 combining contracts 10:00 modification of contract 16:45 Step 2 Identify PO 20:46 Long term arrangements 22:07 Step 3 Determining TP 22:45 Variable Consideration 24:02 Estimations of Variable Considerations 25:35 Constraining Estimates of Variable considerations 26:11 Significant Financial Component 31:50 Lecture 56 Revision: 31:54 Non Cash Considerations & Considerations Payable to a Customer 33:20 JE 35:43 : Step 3 Consideration payable to customer 38:51 slotting fee 42:09 consideration payable to customer 43:28 Step 4 Allocating TP to PO 44:38 - Step 3 transaction price summary 52:24 Step 5 Recognize Revenue Special Cases 58:38 (01) Principal vs Agent Nov23 1:00:38 (02) Non-Refundable Upfront Fees 1:01:49 (03) Customer Options for additional Goods & Service 1:04:29 Sale with a Right of Return 1:07:08 Restocking Fees 1:08:27 Warranties 1:10:07 Consignment Arrangements 1:11:20 Sale & Repurchase Agreements 1:13:26 Bill & Hold 1:15:33 License of Intellectual Property 1:18:21 Contract Costs Nov23 1:21:38 LDR Question revision 1:23:35 Illu. 8 1:24:42 Q9- Cum Catch up Basis 1:26:11 Q22- Disc on Future Membership Fees based on Current Membership Fee 1:27:50 Q23- Discount Voucher 1:27:52 Illus 56: 1:29:45 Q27- Principle Agent 1:30:54 Q31- Cum Catch Up Basis 1:32:35 Q.32 Fixed Fee + Variable Consideration 1:33:04 Illus 35- 1:39:00 - VT limited (sig financing) 1:40:26 Q 38 1:40:50 Q 52 :- 1:40:54 Ill 40 : 1:44:02 Ill 55 : 1:46:00 Ill 56 : 1:48:44 Ill 65 :

[@HS12578]

Thank you so much sir for the revision lectures. It really help us to recall concepts and questions.

[@komalchhatwani1128]

Thanks for making FR Phobia free for all of us. May God bless you with happiness, health and peace.

[@ankitashaha8443]

For me 1:23:35 Illu. 8 1:32:40 Illu. 32 1:36:46 Illu 34 1:40:53 Illu.39 1:46:00 Illu 55 1:48:48 Illu 56 2:10:45 Que 1 2:18:52 Que 3

[@Chinu123-13]

Timestamp: IND AS 115: 2:03 - Start Step1. - Identify the contract - 5:34 •Ex - Exception - 7:21 (token money forfeit) •Contract Term - 8:27 •Combining Contracts - 9:00 •Contract Modifications✨ - 10:14 Example 1. - 11:35 (Modification - separate contract) Example 2. - 12:52 (Modfn - don't Separate contract)✨ Example 3. - 15:07 (Cumulative catch-up basis)✨ Step2. - Identifying Performance Obligations 16:45 •Distinct goods & services [Single PO. Or Multiple PO.] - 17: 28✨ •Long term arrangements - 20:41 Step 3. - Determine transaction price - 22:07 1.Variable consideration - 22:43 - Expected value method - Most likely method 2.Constraining estimates of variable consideration - 25:34 (Mtlb VC can't be able to estimate then not include in TP) 3.Reassessment of VC - 26:04 (discuss in directly ill 32) 4.Significant Financing component✨ - 26:10 •Ex - 26:46 •Ex - 27:35 ✨ • Factors where no SFC 5.Non cash consideration (Mtlb barter transaction) - 31:52 6.Customer provided goods or services (control) - 33:42 gold ex 7.Consideration payable to a customer✨(cashback)- 35:41 •Slotting fee (Slot in lifestyle)- 38:49 •Cooperative advertising agents - 39:53 •Price protection - 41:18 (later price down , excess refund to old customer) Step4. - Allocating TP to PO. - 44:21 1.Standalone selling price✨ - 44:48 •Ex 1- 45:42 •Ex 2- 46:42 •Ex 3- 48:24 •Ex 4- 49:54 2.Allocation of variable consideration - 51:48 Step5. - Recognise revenue as & when entity satisfies PO. - 52:24 A. Control - 52:49 B. Control over a period/at one point of time - 53:03 C. Method of measuring progress if control transfer over a period of time-56:27 •Output based method •Input based method - discuss in ill 65 D. Transfer of control at point in time- 58:34 ✨= LDR

[@SureshKumar-ww6ib]

Ca industry m aapki monopoly hone wali h uske liye congratulations in advance. Thank you for your continuous support through revision video

[@madhavabachu4394]

2:10:45 KK Customer Loyalty points 2:21:24 ABC plastic buckets 2:25:53 Model PI 2:32:50 Diff AS 7& 9 Vs IND AS 115

[@vaibhavjha09]

38:47 special points in Step 3 Determining TP

[@shivanijoshi3143]

Thank you sir, you're helping a lot of students..

[@virajgambhir843]

Points to remember:- 28:10 29:36 significant financing components not necessary to find 32:12 non cash transaction 34:11 customer provided G/Services 37:06 39:31 slotting fees (net) 40:10 advertisement given my customer : only for goods received- net If advertised for whole brand - gross pe show kro 41:22 price protection- net 53:13 control trf 59:13 principal (gross) (max indicators in our fav)Vs agent (net) 1:00:47 non-refundable upfront fees - gym kit given ( over the period ) Not given (over the period book) 1:01:52 *imp* customer provided G/S (voucher)(ssp) 1:04:34 sale with right to return (on the basis of estimation) 1:11:34 sale and repurchase agreement 1:13:36 bill and hold (only delivery is pending coz of customer) 1:50:08 ill 56 case B *imp* 1:59:14 ill 75

[@ashiagarwal1141]

1:11:35 sale and repurchase agreement 10:24 Contract modification

[@PrashantSharma-fz5fz]

Helpful for those students also who haven't covered previous attempts RTP, MTP and their renouned faculties also not provided that questions in their books and even not inform their students about any updates

[@gayatrimandhane3961]

Solutions of all Answers...Perfect... Thank you so much sir❤

[@pragatisharma-cs3uz]

Thanks a lot Sir for making such tricky concepts a cakewalk for us😊✨️ Must watch lecture🎯

[@DilliSanketh-t6s]

1:37:31, RTU Asset to COGS Newpoint , 1:50:49 sales based royalty Variable consideration

[@nishurani3087]

Sir ap boht Acha pdhate ho i regret maine apse class kyu ni li but now I m using ur revision lectures....u r great sir

[@anjanijha1099]

i have seen the same concepts through other teacher but the way akasha sir done ,excellent easily understand concepts with example. Thank you so much sir..........Ak praising to AK sir🙂

[@mayuridhumal6051]

Q25-1:46:04 Q28-1:48:47 Q29-1:54:06 Q47-1:58:00 Q44-1:59:04 Q12-2:04:31 Q9-2:07:07 Q16-2:08:50 Q17-2:09:44

[@shwetarathi-kl8td]

Me bhi aj aur kal interview ke liye revise karugi pure ek saal baad FR with AK sir 😌❤️❤️

[@poojamadat3485]

Very helpful each and every concept get revised with you alone it won't be happen with 100 clarity Thanks for making every IND AS a revision video

[@brahmjot_s]

Concepts till 1:22:20 2:17:49 - Summary Q.1 MTP/RTP

[@akshitasaraf6126]

Modification 14:58 Distinct PO 22:06 Consideration recvd from customers Consideration payable to customer Slotting fee 39:03 Ssp approaches 45:24 Non refundable upfront fee 1:01:21 Contract cost 1:19:19 Imp Q 32 1:31:29 35 1:37:59 1:41:53 56 : 1:48:43 73 1:58:27

[@CA23Jain]

Service concessional arrangement 1:58:58 Qns 1:22:06 Continue 1:49:10 56 Illn 56 1:49:25 Loyalty points 2:17:50 Model pi 2:26:07 Cost se % then revenue book in % Imp diff 115 vs AS7 &9

[@pawanlalwani5314]

Thank you sir for such videos. Your videos save a lot of time and gave a confidence.

[@kushangidoshi355]

Thank you sir! Very helpful! Conceptual understanding🎉🎉

[@cgk4578]

Without Buying FastTrack Lectures, I am Watching your Revision Lectures and then I'm doing Concept book + Question Bank. This Lectures is Very Helpful for me. Thank you sir.

[@NightFalcon-tu2qb]

1:48:55 - Intellectual property 1:39:00 - VT limited (sig financing)

[@shreyavataliya4988]

SIR , you are amazing .. thank you so much for this revision

[@chaitanyachavan7964]

Thank you sir ❤

[@karanshah16]

Concept 4:31 10:20 17:18 26:09 31:12 32:40 34:00 37:00 44:00 53:00 56:19 59:05 Special Cases 1:04:19 1:12:55 1:20:59

[@UsmanKhan-jb4yp]

🆗🆗🆗 For my ref Ajay sir Q 32 2:19:15 Q 7 2:21:20 Q 21 2:28:00 Q 39 2:10:46

[@ShreyaAgrawal-to2co]

Veryy helfulll!! Thank you so much for uploading!!!

[@ashishkanojia8592]

Pura revision dekhne ke baad. Last me jab bola na sir apne.. AK HAI BHAISAAB, Goosebumps agae yr bhai. 🤣

[@mndcom]

For my reference RTP Nov 22 Past May 23 S Ltd enters with Corp Ltd. @2:30:05

[@MruditThakkar]

Amazing Revisio lecture to revise the concepts well. Thank you sir. ❤

[@DeveshPandey-l1d]

maja aa gaya sir super revsion ....thank you very much

[@anitayadav5779]

Maza aaa gya sir....feeling confident now...thank you so much sir💗

[@biswarup8764]

1:32:40 Q32 1:29:47 Q 27 1:30:57 Q 31 1:36:51 Q 34 1:37:52 q 35 1:40:02 q 36 1:40:26 Q 38 1:40:51 q 39 1:44:07 q 40 1:46:08 Q 55

[@ManojKumar-kr3hr]

Perfect revision...for quick brush up!!

[@paramveerdangi7658]

The examples you provided make this chapter very light. I got this level of understanding just because of your unique teaching style. thanks a lot sir

[@shubhamaggarwal1708]

Aaj kuch Ind AS 115 mei confidence aya. Thank you sir 🙏

[@VIEJAYKUMAR0]

Notes ni mil re telegram main can you share link

[@alefiyapalana4229]

maza aaya sir...thanks for this detailed revision..because of you FR has become easy

[@bhawnaaggarwal3392]

Very helpful to brush up all conceptsand revise questions too in short duration else 115 is quite lengthy.

[@MUSKANCA24]

exam day Illustration 56 - 1:48:45 illustration 68 - 1:56:25 Illustration 72 - 1:57:38

[@Sajid_Boss]

Question started from 1:21:36 License A & B (2 intellectual property wala question) 1:48:44

[@harshmittal8786]

Always a delight to be here. FR with AK Rocks.

[@rishitannavlogs]

Own Refer.: 2:18:54 - Illus65- construction contracts 2:21:19 - Q4- Estimate VC (Expected Value) 2:25:45 - Q7- Fin Comp + SSP (Esti Cost + Margin)

[@PiyushChouhan-ui1fi]

1 no lecture, all concepts clear plus questions, chumaaa apko bhai

[@rakshazabak7364]

THANK YOU SO MUCH SIR FOR THIS REVISION LECTURE IT HELPED ME WITH COVERING WHOLE IND AS IN JUST 3 HOURS

[@miteshmeher3702]

thank you sir, for covering all concepts & ldr questions

[@SmruthiJagadeesh]

Amazing lecture sir... thank you so much for this revision

[@anjalimishra6776]

Thank you Sir :))) For my own reference: 35:43 : Step 3 Consideration payable to customer 48:27 : Step 4 Eg 2 Residual approach 54:25 : Step 5 Transfer of Control 2:15:20 Loyality points ques. case b

[@sid8768]

2:21:18 -. Estimation methods of variable consideration

[@shrenikborana8752]

The most concise, effective and helpful video on Ind AS 115 on KZbin!

[@SushmaKumari-nv4pf]

Very helpful Revisionary video! ❤

[@juhinebhani7317]

Really helpful Thank you soo much sir ❤

[@Chinu123-13]

Ind As 115: Special cases 1.Principal VS Agent ✨ - 59:04 2.Non-Refundable Upfront fees - 1:00:35 (Gym + Reg fee) 3.Customer options for additional goods or services ✨ - 1:00:41 (Movie Ticket free) •Ex - 1:02:08 ✨ (Allocation) 4. Sale with a right to return - 1:04:29 •Ex - 1:05:01 5.Accounting for Re-stocking fee - 1:07:08 6.Warranties - 1:08:27 (Allocation) 7.Consignment arrangement - 1:10:07 (Make my delivery) 8. Sale & Reurchase agreements ✨ - 1:11:20 (MCQ) •Ex1. - 1:11:58 (financing component) •Ex2. - 1:12:41 (lease arrangement) 9.Bill & Hold - 1:13:26 (Allocation) 10.Licenses of intellectual property - 1:15:33 11.Contract costs ✨ - 1:18:21 •Contract Acquisition cost - 1:08:57 •Contract Fulfillment cost 12.Service Concession arrangements ✨ - 1:58:56 (discuss with questions)

[@indiagamerzyt4224]

Great session with examples AK sir😎

[@rohitvarindani6564]

Very Very Helpful revision Sirji. Few concepts were not clear to me before, now they are cleared. Thanks A Lot !!

[@tu-sharpp]

A wonderful revision lecture, which was almost in depth in many parts. Thankyou Aakash Sir!! This was indeed helpful.

[@YashikaJain-g9c]

Bhot badiyaaa sir mazaa aa gayaa🎉🎉

[@aarushiiiiiiiiiiii]

the only reason I like this Ind AS so much is you. thank you for making it soooo easy sir. you are the best.

[@janakbhattarai4469]

Excellent Session. Loved It AK Sir!!

[@pratikshasaste1602]

Thank you so much sir❤️ just boosted my confidence to a another level🎉

[@SatyamSingh-w5c]

1:48:44 1:58:25 2:02:35 SCA 2:07:49 2:10:46 2:11:03 points redeem in multiple year 2:21:45 learn 2:26:06

[@rohitvarindani6564]

GREAT VALUE SIR, COMPLETE COVEREAGE OF TOPICS !!

[@kanikagupta4192]

Best revision vedio for IND AS 115♥️

[@jituyadav9196]

42:43 Quick overview of Determining TP

[@aditiagarwal2069]

It was such a heartful revision session. An Ind AS like 115 got covered, understood and revised so quickly. It also gave me an insight that it not that lengthy chapter and can be completed if bifurcated in sections. Thank you so much Sir and I hope I will be able to revise it myself more clearly and properly.

[@kartheekpuvadi6125]

Awesome Lecture...! Very Good conceptual clarity on the topics explained..!

[@vishwajeetgaikwad7425]

10:15 -- Modification accounting

[@saurabhboliya]

Superb Revision with 100% concept clarity + Q too AK HAI BHAISAAB......

[@nishaumrethe3667]

Thanku so much sir.. Such a wonderful revision

[@srirambolla554]

10:18 modification ldr 37:30 consideration payable to customer 1:51:34 price allocation ldr 2:03:39 service concession day before exam Ldr questions on loyalty points must watch

[@modishubhamjain1995]

Best revision of 115 till date🔥🔥🤌

[@RajniPorwal06]

Very helpful. First timr I understand this chapter. Thankyou sir❤

[@vinayshitole5532]

1:21:38 LDR Question revision 2:32:38 Difference between AS and Ind As

[@ajithp_ai]

#FRwithAK is the only one who can explain Ind AS 115 concisely and comprehensively in such a short time.

[@dimpleshekhawat6291]

Sir it was very helpful 💯💯 apko kehne ki bhi jrurat ni honi chaiye words of appreciation apke efforts ko dekh k apne ap aajate hai thank you so much sir 👍👍

[@piyushaudgirkar]

1:49:10 illus 56 2:11:00 Q1 KK

[@naheelmohd1276]

Helpful and good revision lecture for Ind AS 115

[@ritikasurve3364]

Fantastic teaching. ❤ The concepts were explained very clearly, and your teaching style is excellent. The thorough revision was extremely helpful. Thank you for such a great session.