Ind As 115 Revision - In Detailed with Questions | Revenue from Contracts with Customers | CA Final

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[@mirash7]

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

[@pujachauhan6292]

Thank you so muchhhh❤❤

[@manishagaygwal8855]

Thanks a lot 👍

[@Hari_1M]

Thank you very much

[@Shubh.C]

Thanks bhai 🙏🏻🖤

[@Realfeeling_]

Tysm

[@yashwanthrajkoppula3817]

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 ( * )

[@chandudevuni4316]

Bill and hold - 5:12:10 Service concession agreement 5:27:25

[@snehamishra8758]

Thank you very much .

[@Con_fus_ed]

illustration 25 - 1:15:00

[@ranisharma4109]

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?😃

[@bharathkumarjakka6482]

5:19:25 contract cost

[@MittalShubham]

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

[@user-bg7rt6ro9b]

hi do u have it for other chapters also? for 115 full?

[@siyarampatel2437]

Thankz

[@akshayzalavadiya1647]

thank you bhai

[@nikhilgs737]

Thank you sir, your revision video and videos on ICAI SM helped me a lot to clear group1 and secure exemption in FR

[@saurabh3801]

Bhai apne class v liye the kya kisi se??

[@nikhilgs7942]

​@@saurabh3801I took classes from dipesh sir

[@vikalgupta1291]

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

[@ketakikachare8252]

Illu 32 imp

[@jatinagrawal4165]

ill-73 5:25:13

[@nitinlalwani5198]

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🙏

[@bfdgn-sg2sg]

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

[@akshayekghare3775]

Th

[@Rohitsharma-us7ui]

illustration 05 & 6 6:24:54

[@kaushalsharmaaa4344]

Illustration 9 6:14:52 Illustration 3 6:31:44

[@nandinigupta2441]

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 ( kzbin.info/www/bejne/q6Cqe2VniZqlmpI ) [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)

[@janvilalkiya1720]

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

[@Snehamaherchandani]

Hi, yeh list main saare questions covered Hain discussed in this video???

[@GandhiGandhi-cp1tt]

Thanks

[@GandhiGandhi-cp1tt]

Thanks

[@poojanshah8983]

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

[@shriyachhaparwal5435]

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🙏

[@amrbuddy]

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 🎉

[@ab-oi9bu]

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

[@CAAnuragPal-dl4ud]

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.

[@mncrystal123]

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

[@mncrystal123]

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

[@CAShreyaGupta]

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 ☺️

[@lsraj1]

5:27:00 Service concession

[@snehamishra8758]

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.

[@FinalKickByCAPratikJagati]

Thank you so much itna sammaan dene k liye🙏🏻🙏🏻

[@sandeepgupta9498]

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

[@AmitSingh-gv7mg]

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

[@AjayCATalks]

Step 1 - 14:10 Step 2 - 26:27 Step 3 - 1:41:18 Step 4 - 3:33:55 Step 5 - 3:57:00

[@priyasarawgi]

Thanks bro

[@AjayCATalks]

Now I am Chartered accountant Prepared FR SFM from pratig jagati sir KZbin only 62 marks in SFM Thank you so much sir

[@kunalpanwar3098]

​@@AjayCATalks how you prepare for audit please tell

[@AjayCATalks]

@@kunalpanwar3098 From Subham Keshwani book but one thing read audit daily I will upload detailed video on my channel on Sunday

[@hemantkapoor9714]

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

[@kavitasundesha3356]

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 🙏

[@lokeshsharma4679]

Yes , absolutely true

[@darshanmodi4129]

Very true

[@rohitrai5007]

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

[@dishantgala8168]

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 🙏💪

[@FinalKickByCAPratikJagati]

Thank you so much 😊

[@mini_sharma_]

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

[@Thakur_vishal]

Watching lecture as a C.A student and now watching as C.A. Vishal thakur🤍

[@AmirK420]

Thanks for giving me some motivation through these words

[@yamin_bhoira]

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 ( kzbin.info/www/bejne/q6Cqe2VniZqlmpI ) [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)

[@imrahuljha]

From watching your lectures to clear exams to watching your lectures for interviews.. ❤❤ Thank You Sir.❤ CA Rahulkumar Jha

[@reddfeatherapparel1663]

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

[@urmithakkar6634]

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.. ☺

[@FinalKickByCAPratikJagati]

Thanks and Best Wishes to you

[@yogi5854]

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

[@pkranger734]

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🙂

[@ramakrishnaiah260]

Im watching your class as CA Ramakrishnaiah. Post qualification i have completed my course in old syllabus.

[@harshithagowda1268]

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 💙

[@sakshimaheshwari1940]

This is your 1st attempt? Have you taken All other subjects classes?

[@Sharmaji.0204]

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 .....

[@sumukharamesh5726]

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.

[@sagarmantri536]

You are totally different person from other teachers, thank you for this sir, you deserve more and more, god Bless you sir...

[@narasimhanarsi1612]

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

[@Piyush_agrwl_]

What are you?? a teacher, Guru?? No!! you are GOD to us

[@krunalprajapati9635]

Other Faculties : Lets make complex this things Pratik Sir : Lets make Easy this complex things Thank You Sir🙌💥

[@gauravverma997]

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 :)

[@Hari_1M]

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 KZbin. Many thanks to you 🙏

[@angelangel5426]

I cleared ca final and still refering your video for interview preparation.☺️

[@rohanbidnur5125]

4:43:16 Repurchase agreements 5:56:45 Contract modification

[@SunnyLongwani]

kya padhate ho sir jai bhole🙏🙏🙏🙏 will sponser your classes for needy ones after clearing finals and job god bless you sir always

[@saniyamarystanly9226]

Sir please release vidoes in English language also... Would be very much helpful for South Indian students...

[@tanzee777]

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 :)

[@FinalKickByCAPratikJagati]

Thanks 😊

[@shipraagarwal]

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

[@wtflalit]

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.

[@sumukhar3583]

What a session sir..!! Every concept and question was covered with such crystal clear clarity. Really grateful to you for this video.. #Respect 🙌🏼

[@siddhishrivastav6097]

Last day revision: illustration 22 1:05:00 illustration 23 1:04:55 illustration 32 2:03:16 illustration 75 5:48:14

[@kanhathehealer]

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🙏

[@surbhimanihar6417]

2:50:09 illustration 39 5:56:40 contract modification 6:18:55 combination of contract

[@tanishqjain132]

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)

[@krishnakhanal709]

I am from Nepal . You deserve the best teacher of all the time..

[@aashishdev4812]

Yes, @krishna Khanal..you are right.also u should be awarded best student.

[@noddy....7403]

He is the best teacher of accounts and sfm...his main focus is on to clear the concept

[@aashishdev4812]

@@noddy....7403 Yes bro..

[@pramodmadhukar8480]

In contract modification, not a separate contract example drafted only 29400 will be will be allocated to Outstanding performance obligation as 60000 is balance order to be be satisfie on old contract. It is not due to new contract. 6.08

[@gayathrigopinath5985]

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🔥🔥🔥🔥🔥🔥

[@richaagrawal5157]

Sir please upload short revision videos for last day revision for sfm

[@suyashmahajan02]

5:26:48 Service Concession Arrangements 5:48:05 - Q.75

[@Suresh_Padsariya]

Sir your method of teaching is so beautiful so elegant just looking like a wow 😅

[@DT-yi2qe]

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

[@bibhuduttasahoo3333]

the calculation is made on the principal sale(when sale made 1000). Discount in future will be allowed = 120

[@NatureLovingSoulRukhad]

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... 🙏🏻

[@vedantsalunke2709]

practical questions - lllustration 23 -1:00:00 illustation 31-32 - 1:55:00

[@nikitagawde]

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 💯❤️

[@raginikabra]

Ill 28 : activation fees doesn’t affect prices of future goods and services, therefore shall be recognised immediately

[@ridashaikh5771]

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.

[@rahulmittal1357]

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 ❤❤

[@kritkumar333]

Thank you sir. It helps to revise all things in best possible time and in best manner.🔥🔥🔥

[@tejaswiniy4981]

Step 2 revision 1:33:10 5:03:17 repurchase agreement

[@tejaswiniy4981]

4:40:08 step 5

[@Harshit563]

Ill 23- 1:04:05 Ill 1:15:15 Ill 1:24:15 Ill : 1:57:55 Ill 2:03:09 Ill 2:27:22

[@darshitgupta3039]

Step 2 Identifying PO is too difficult to understand Thankyou so much sir for making 115 easy to understand conceptually Thankyou so much sir ❤❤ I'll recommend other students to take classes from Pratik Jagati sir

[@pavankmrgwd]

Done, definitely purchasing your classes now sir, thank you for such a wonderful explanation, amazing clarity in concept and sums.

[@vidhishah7797]

Thank you so much sir for your efforts.👍

[@kritiagrawal688]

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

[@vanshika2055]

Q31 AIR1 QB 2:02:18 Q39 Loyalty points QB 1:02:20

[@manishachhajed923]

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🙏🏻🙏🏻😇😇

[@CharteredAccountantNo.1]

Kal aapne telegram mein poll data tha na sir isiliye aaj 115 khtm kar rahi hoon. Aur kal 110 shura karungi second revision.

[@CharteredAccountantNo.1]

watched this video as a student, now watching this video as a Chartered Accountant for interview preparation :') It's CA Subiksha now thanks to CA Pratik Jagati sir.

[@yashagarwal6138]

Thank you so much sir for this video I left 115 in my previous attempt and i scored only 41 marks in FR after doing this video and the way you taught made all topics seem very easy... No i have confidence to score 60+

[@gayatrimandhane3961]

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❤

[@the_abhisharma]

Osm Jai mahakal ❤❤

[@GB-kd3bm]

very very very sorry sir , m aapko thanks bolna bhul gya tha.🥺🙏🙏🙏 sirf aapki vajah se mere FR me 60 aye the and 1 group pass ho gya tha Thank you so much sir 💫💫😊🥹 bas ish bar ye 2 group ho jaye , m aapse milne aaunga 😅🙏 Aapko pta nai h ki aapke youtube videos kitne jayada helpful h Once again Thank you so much sir🙏🙏🙏🙏🙏🙏

[@FinalKickByCAPratikJagati]

Thanks 😊

[@radhikakotamraju4480]

4:44:00 repurchase agreement 5:26:00 service concession arrangement

[@shrutiasrani9344]

AWESOME LECTURE....NOT EVER UNDERSTAND THIS TOPIC WITH SOO CLARITY EARLIER AS IF TODAY... THANK YOU SOO MUCH SOO MUCH EFFORTS

[@laxminegi6681]

Very well, inclusion of study material ques as example was a nice strategy to save time... Thank you so much Sir.

[@muskanagrawal829]

SIR MAZA AGAYA 115 PADHKAR EKDUM CRYSTAL CLARITY MILI HAI JO AJ TAK NI MILI THI.APSE PADTE PADTE TYM KAB NIKAL JATAH HAI PATAH HI NAHE CHALTAH... THANKYOU SO MUCH SIR 😍👌👌👌🙏🙏

[@user-we4ro8mo5l]

wow sir apne revesion me itna acha samjha diya jo log purey class me nhi smjha patey Thankyou so much 🙌🙌🙌🙌

[@sachinpareek1553]

Is it applicable for revision only,like I want to learn 115 from scratch,so is it beneficial or not?

[@rakshit292]

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 😊

[@ca_vinit_ojha]

time slap for Q please

[@ashishmalpani6779]

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.

[@Prashantbawa]

best CA Teacher of all time, you are a life saver sir, THANKS ❤

[@camegha3758]

1:33:05 2:33:14 3:56:09 4:40:10

[@bhavanaganugula3401]

thnku sir for all the efforts to help the students

[@aishwaryasagar6131]

I was so much confused with the concept of warranty... But thanks to you I have in depth clarity about it .... Thank you sir

[@shivanidwivedi2645]

Best revision for 115..Thank u Sir..

[@vaishnavi9319]

I did not feel this video as revision lecture!❤

[@saikrishnamaheshwaram4867]

please provide quick revision it will helpful for us to revise concepts in short time🙏🙏

[@NehaPrajapati-gm4cs]

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 🎉

[@navyaagarwal386]

Thank You very much sir for your efforts. I am really really grateful. 🙏

[@vishnuchandakkk]

Thank you so much sir for the revision video, you are Legend for this subject for sure