IND AS 116 - LEASES IN 1 HOUR - CA FINAL FR - BY BHAVIK CHOKSHI

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  • เผยแพร่เมื่อ 8 ก.พ. 2025
  • Board Notes: drive.google.c...
    For Pen Drive / Google Drive Lectures of Bhavik Chokshi please visit www.benchmarxacademy.com or contact 90828 10221

ความคิดเห็น • 224

  • @cabhavikchokshi
    @cabhavikchokshi  4 ปีที่แล้ว +78

    Board Notes: drive.google.com/drive/folders/19SQXDfK_OMTUIo0D-EuYhkohpMguZzBF

    • @hariharasubramanian.s1848
      @hariharasubramanian.s1848 4 ปีที่แล้ว +1

      Kindly post a video for gfrs sir!

    • @hariharasubramanian.s1848
      @hariharasubramanian.s1848 4 ปีที่แล้ว +2

      Kindly post a video for gfrs!

    • @dayabharwani1582
      @dayabharwani1582 4 ปีที่แล้ว

      sir can u pls share board notes for ind as 37,10,8 dayasnest@gmail.com

    • @shubhamagrawal7273
      @shubhamagrawal7273 3 ปีที่แล้ว

      sir can you send a board notes for IND as 2,16,19,36,38,103,110,115 and 116 ashubham654@gmail.com

    • @JERRRY1
      @JERRRY1 3 ปีที่แล้ว

      Sir Hindi m lecture liya kijiye👍

  • @mehakjain2605
    @mehakjain2605 3 ปีที่แล้ว +75

    Scored 67 in FR and 60 in SFM and now watching it again for interviews. Thankyou so much sir
    Edit: got selected in interviews

  • @laxmanambadi1060
    @laxmanambadi1060 3 ปีที่แล้ว +58

    INTRO: 0:39
    (I) WHAT IS LEASE?
    Lease Definition: 2:18
    Indentified asset: 2:56
    Right to control: 8:54
    (II) SEPARATION
    Separation: 12:07
    (III) KEY TERMS:
    Dates: 17:16
    Lease Payments: 24:00
    Discount Rate: 30:19
    (IV) LESSEE ACCOUNTING

  • @saloniahuja7953
    @saloniahuja7953 2 ปีที่แล้ว +17

    Always read comments saying - now watching it as a CA and finally now I am watching it as. Chartered Accountant!

  • @adhipdongshanwar3887
    @adhipdongshanwar3887 4 ปีที่แล้ว +91

    Thank you so much Bhavik Sir 🙏🙏🙏
    I am a CA now .....cleared in Nov 2020 . I watched this lecture and all your lectures of FR and SFM during my preparation and got 66 in FR and 56 in SFM .
    Your One hour revisionary lectures on all IND AS were of great help .Everytime I would revise IND AS thorugh your revisionary videos.
    Though I didnt take your classes but your lectures on youtube were the only guidance and support for FR .
    I highly appreciate your way of "to the point teaching " and would suggest all my friends and juniors to follow you and learn from you.

  • @nikitabudhia5897
    @nikitabudhia5897 3 ปีที่แล้ว +59

    You are a massiah for the CA fraternity Sir. I still watch your videos after clearing CA too. Keep going us and keep spreading knowledge to fellow students like us .

  • @cadurgaprasad3804
    @cadurgaprasad3804 4 ปีที่แล้ว +82

    Separation 12:00
    Key terms 17:20
    Lease payments 23:58
    RECOGNITION EXEMPTIONS and Accng 31:40
    Initial recognition and sub 44:20
    Accounting books of lessor 45:30
    Special cases 51:15

  • @harshkumar2695
    @harshkumar2695 3 ปีที่แล้ว +25

    What I regret most as far as Ca final FR is concerned is not taking classes from you.
    Your revision lectures are very helpful.
    Now if anyone ask me of any faculty for FR I straight forward take your name.
    Thank you so much!!

  • @InfinityOneStudios
    @InfinityOneStudios 4 ปีที่แล้ว +90

    Hey Bhavik,
    I am too a CA. I have seen a lot of recorded videos on various accounting topics but got to say you have become my top 3 teaching faculty. Loved your vids on Indas 116 ( summary + detailed).
    Your way putting things in simplified manner is the best part.
    Keep up.
    Very happy to see such quality teaching content.

    • @N1ck279
      @N1ck279 3 ปีที่แล้ว

      Top 3 for FR or general ; who are other 2 ? Just curious !

    • @woawolf
      @woawolf 3 ปีที่แล้ว

      @@N1ck279 me

  • @saisenu3919
    @saisenu3919 4 ปีที่แล้ว +69

    who is that one dislike, definitely might be some engineering or doctor or other stream students who might have clicked to video due to lockdown bordom

  • @pavankulkarni3565
    @pavankulkarni3565 3 ปีที่แล้ว +3

    Right to control the use 00:08:56
    Separation of Lease & Non Lease Components 00:12:09
    Key Terms 00:17:19

  • @vajitharafeeque9724
    @vajitharafeeque9724 2 ปีที่แล้ว +4

    Watched it previously as a CA FINAL Student
    Now watching for my interview after qualified
    Your videos are lifesaver sir
    Keep moving..😃😃😃

  • @kanushikadhanuka9676
    @kanushikadhanuka9676 4 ปีที่แล้ว +5

    Key terms - 17:17
    Accounting - 31:51
    Manufacturer & dealer lessor - 49:08

  • @vidhijain9366
    @vidhijain9366 4 ปีที่แล้ว +6

    Excellent teaching!! The way you have summarised the whole Ind As with perfect examples is amazing!!Thanks a lot sir🙌🙏

  • @mayankagarwal4315
    @mayankagarwal4315 3 ปีที่แล้ว +2

    Thank you So much, Sir. I am now watching this lecture for Interview preparation as CA. Your lecture helps a lot got 63 in FR and 73 in SFM.

  • @theroastingrangersshow4948
    @theroastingrangersshow4948 4 ปีที่แล้ว +55

    Thanks is a very small word for u sir!!

  • @chetanaiyer3022
    @chetanaiyer3022 4 ปีที่แล้ว +6

    Most required video..!at the right time!
    Thanks a lot sir!!

  • @Nehaonrecord
    @Nehaonrecord 3 ปีที่แล้ว +4

    Only a genius can summarize such a complex and big chapter in an hour. Thank you so much sir🙌

  • @anushkas8462
    @anushkas8462 4 ปีที่แล้ว +9

    48:01 acc in finance lease
    52:51 sale n leaseback

  • @funkyypavan
    @funkyypavan 4 ปีที่แล้ว +40

    Sir you can enter south India with one demo class. Your English speaking and conceptual clarity makes so much demand and also sets u apart from other lecturers.
    But according to the view point of south Indians price is a bit too high. Other than that everything is perfect.

    • @vyomthakur1831
      @vyomthakur1831 4 ปีที่แล้ว

      You don't need to tell him what to do.

    • @funkyypavan
      @funkyypavan 4 ปีที่แล้ว +15

      @@vyomthakur1831 yeah u also don't tell me what to talk. Nobody is asking so i took a step.

  • @tanvirustagi7892
    @tanvirustagi7892 4 ปีที่แล้ว +4

    Amazing revision! Thank you for saving a life! :)

  • @akhilkhurana9819
    @akhilkhurana9819 3 ปีที่แล้ว +2

    Lease was the toughest topic for me until i watched your revision video lecture ! You made Leases so easy. I am gonna watch every video of yours now for revision. 👍 Thankyou sir.

  • @devikarathi3024
    @devikarathi3024 4 ปีที่แล้ว +2

    Thank you so much sir for u efforts all ❤️ from South Indian students 🙏😀

  • @chandni205
    @chandni205 ปีที่แล้ว

    Hi Sir, I'm a CA with 10 years post qual exp- and wanted an understand of the new LEase standard and watched your video. Its excellent to get a brief but thorough understanding of important concepts of the new standard, thank you!

  • @roshankumarpatro2104
    @roshankumarpatro2104 3 ปีที่แล้ว +3

    Preparing my interviews with the help of these❤️

  • @pranalitanpure1204
    @pranalitanpure1204 4 ปีที่แล้ว +3

    This lecture is very useful. Thank you so much Sir. Especially your notes, it takes hardly half an hour to revise through notes.

  • @mudrabuchasia1946
    @mudrabuchasia1946 4 ปีที่แล้ว +10

    Sir - A solution to all the difficult areas in the least time with complete conceptual clarity 👍

  • @jilldedhia6636
    @jilldedhia6636 4 ปีที่แล้ว +3

    Thank you so much Sir! These revisionary videos are of super duper help! Please put for all important chapters, if possible . Thanks alot!

  • @darshagrawal5394
    @darshagrawal5394 4 ปีที่แล้ว +3

    Thank you soo much sir... These revision lectures are of great help!

  • @MindED_Matters
    @MindED_Matters 4 ปีที่แล้ว +2

    Just the way I wanted it to be❤️

  • @ManishKumar-gq2dy
    @ManishKumar-gq2dy 3 ปีที่แล้ว +2

    59:27 Lease modifications. 1:04:36 Remeasurement

  • @srikarananthula8022
    @srikarananthula8022 3 ปีที่แล้ว +3

    YOU ARE AWESOME SIR ! 🤟🤟💥
    I'm just wondering how the standard like 116 be covered in 1hr, may be the faculty ignores few concepts.. but NOT EVEN a Single concept was ignored... 100% covered!
    Thanks a ton sir ! 👍

  • @bhargavsharma8867
    @bhargavsharma8867 3 ปีที่แล้ว +7

    Thank God, I found this awesome revision video. Thank You so much Sir for make such a huge topic revisable in only 1 hour

  • @faheemac.v.9777
    @faheemac.v.9777 4 ปีที่แล้ว +1

    May God bless you forever sir..in sharing this helpful video..😍

  • @richanagda3814
    @richanagda3814 3 ปีที่แล้ว

    I dont know how can i thank you. I had done the old ind as while in classes and now just before exam when i thought this chp would be very difficult you made it so easy with this amazing video. Thank you @bhavik chokshi

  • @ChitStarkid94
    @ChitStarkid94 4 ปีที่แล้ว +1

    Fantastically explained! Thanks so much.

  • @sricharansarabu394
    @sricharansarabu394 3 ปีที่แล้ว +1

    Lessor to recognise operating lease at SLM basis unless more systematic approach is available (like if there are escalations etc)

  • @nalinisharma9840
    @nalinisharma9840 4 ปีที่แล้ว +1

    Thank you so much sir this is really helpful. Really appreciate your efforts !!

  • @hatimse-learning-hatimramp8664
    @hatimse-learning-hatimramp8664 4 ปีที่แล้ว +1

    Thanx sir .. I was actually needing this .. thanx once again ♥️👍

  • @gurdarshangarryarora4536
    @gurdarshangarryarora4536 4 ปีที่แล้ว +1

    Thanks alot sir...appreciable efforts 🙏

  • @harshas2384
    @harshas2384 4 ปีที่แล้ว

    🙏🙏🙏🙏☺️☺️☺️ thank u so much sir with lot of respect because u giving more clarity and giving student point of view

  • @nehanathany4550
    @nehanathany4550 2 ปีที่แล้ว

    Thank you, thank you, thank you!!!

  • @kidscorner4004
    @kidscorner4004 3 ปีที่แล้ว +1

    Much needed charts and much needed explanations..
    Sir you are just amazing.. 😇😇

  • @srinusri1928
    @srinusri1928 3 ปีที่แล้ว +1

    Thanks a lot sir
    Your revision videos are helping us a lot

  • @mt.loverest
    @mt.loverest 3 ปีที่แล้ว

    Sir your knowledge and power to make things easily understandable is as incredible as INDIA is in this universe

  • @kaushanivejani
    @kaushanivejani 4 ปีที่แล้ว

    Sir aap FR ke liye hamare bhagwaan ho 🙏🙏
    Thankyou so much

  • @Traveller_Guy
    @Traveller_Guy 2 ปีที่แล้ว +1

    Got selected in pwc india
    Thank u sir!!!!

  • @swarajkargutkar6994
    @swarajkargutkar6994 4 ปีที่แล้ว

    You are a saviour sirr... Thank you so much!!

  • @preston433
    @preston433 3 ปีที่แล้ว

    So crisp and simplified ... Thanks a ton

  • @farheenkhan6367
    @farheenkhan6367 3 ปีที่แล้ว

    Thank you so much for the clarity sir😍🙏🏻

  • @commercekibatye7236
    @commercekibatye7236 3 ปีที่แล้ว +1

    Got 78 in FR (Praveen Sharma).but watching your videos for interview preparation 😂. Grt notes and coverage within 1 hr

    • @SIDDHANTHDAS
      @SIDDHANTHDAS ปีที่แล้ว

      What difference did you find in both like the way of communicating the concept?Can you just review a bit

  • @apurvamazumdar4782
    @apurvamazumdar4782 3 ปีที่แล้ว +1

    Amazing summary video... Thank you Sir

  • @ujjwalshah8723
    @ujjwalshah8723 3 ปีที่แล้ว

    Sir this is an excellent lecture, it saved my time of taking 10 hour class and writting a heck of notes which are of no use

  • @kirtimahendravyas3805
    @kirtimahendravyas3805 4 ปีที่แล้ว

    Thank you sir for such an amazing help!!

  • @komalingole9750
    @komalingole9750 4 ปีที่แล้ว +8

    Excellent as always, your art of simplifying the complex most concepts is so wonderful. And apart from that the way you explain inclusing the acronyms you use and every simple concept from base. I have tried watching other Prof., revision videos since I am studying on my own and it really bogged me down when they come up with "Since this is revision and you are expected to know this by now" , nothing wrong with it and no offence to them but I really appreciate how you go from the simplest thing witha base and gratified with your inspiring approach! Thanks a lot Sir! I am pretty sure if someone who ask me for FR, I would recommend you, you are just so amazing. Thanks a lot again Sir!

  • @ruthcdsilva
    @ruthcdsilva 3 ปีที่แล้ว

    Thanks!
    Watching your videos after clearing too

  • @revatilokhande7121
    @revatilokhande7121 4 ปีที่แล้ว

    Thanks a lot for the video 🙏

  • @arunkaremane8958
    @arunkaremane8958 4 ปีที่แล้ว +1

    Conception cleared. Loved it ♥

  • @nehaagarwal8012
    @nehaagarwal8012 3 ปีที่แล้ว

    Thanks alot... No one can do like u sir

  • @diwakar_ojha_97
    @diwakar_ojha_97 4 ปีที่แล้ว +1

    @bhavik chokshi sir, if you are reading this i have become a fan of your notes ;)

  • @manojveenem246
    @manojveenem246 3 ปีที่แล้ว

    Thank you sir ... Very clear and on to the point

  • @vinitsinghchouhan5008
    @vinitsinghchouhan5008 3 ปีที่แล้ว

    Thank you soo much sir.. you really put soo much of efforts for revision lecture and it really helps alot. God really blesses you for such a help of all student. Thank you again sir.

  • @kalyankumar4993
    @kalyankumar4993 6 หลายเดือนก่อน

    Very useful, thank you 🙏

  • @husainujjainwala8553
    @husainujjainwala8553 4 ปีที่แล้ว +2

    Hi Sir, one small correction, short term leases (41:40) are lease having lease term of 12 months or less from commencement date. Thanks ✌️

  • @anamikachintal3871
    @anamikachintal3871 3 ปีที่แล้ว +3

    59:25 lease modification

  • @samansiraj476
    @samansiraj476 4 ปีที่แล้ว

    You are the best for FR.
    Thank you so much sir

  • @arushiagrawal6482
    @arushiagrawal6482 4 ปีที่แล้ว

    Thank you very much sir,... You are great

  • @pawan1872
    @pawan1872 3 ปีที่แล้ว

    Thankyou so much...so concise and on point revision

  • @cacsnamratamittal7871
    @cacsnamratamittal7871 4 ปีที่แล้ว

    Conceptual clarity with precise content👌

  • @cajavedakhter236
    @cajavedakhter236 3 ปีที่แล้ว +1

    Very informative about Ind As 116

  • @vineethasatishjossyabhatla4622
    @vineethasatishjossyabhatla4622 4 ปีที่แล้ว

    u r like saviour sir

  • @IQTEHDAR
    @IQTEHDAR 4 ปีที่แล้ว +1

    U r awesome sir.👍

  • @vaishaligupta7579
    @vaishaligupta7579 4 ปีที่แล้ว +1

    Commendable efforts Sir. 👏

  • @SaDeescartoon
    @SaDeescartoon 4 ปีที่แล้ว

    OMG What a lecture on INDAS116 nailed it ,loved this.

  • @niteshkukreja6367
    @niteshkukreja6367 3 ปีที่แล้ว

    THANK YOU SO MUCH SIR

  • @spchoudhary8566
    @spchoudhary8566 4 ปีที่แล้ว

    Thank you so much sir 🙏🙏

  • @jeroldferreira3615
    @jeroldferreira3615 4 ปีที่แล้ว

    Thank you for your efforts Sir

  • @brindaasri
    @brindaasri 4 ปีที่แล้ว

    Thanks a lot Sir!

  • @innovateeducation8585
    @innovateeducation8585 4 ปีที่แล้ว

    Thanks alot sir. In short span covered all topics

  • @chitturipoojitha3262
    @chitturipoojitha3262 4 ปีที่แล้ว

    Thank u sir for your efforts. Well understood

  • @CA_Tax_Investment_Fun
    @CA_Tax_Investment_Fun 4 ปีที่แล้ว

    Thank you so much sir,
    It really help a lot

  • @clarissapereira6514
    @clarissapereira6514 4 ปีที่แล้ว

    Thanku soo much sir..

  • @shajithabanu3194
    @shajithabanu3194 4 หลายเดือนก่อน

    Thank u sir...video was useful

  • @venkateshtata3935
    @venkateshtata3935 4 ปีที่แล้ว

    Thank you so much sirrrrr🙏🙏🙏

  • @madhavhaygreev2026
    @madhavhaygreev2026 4 ปีที่แล้ว

    Wow thanks a ton for this prompt help sir. ❤

  • @prasanthgurram197
    @prasanthgurram197 4 ปีที่แล้ว

    Tq sir you are awesome 😍😍😍😍

  • @radhikagohil2471
    @radhikagohil2471 4 ปีที่แล้ว

    Much needed one 🙌

  • @nagavenkateswarlu6558
    @nagavenkateswarlu6558 4 ปีที่แล้ว

    I like the presentation and way explained..rockzzz... very quick revision for guys working in industry too...

    • @mukulverma3702
      @mukulverma3702 4 ปีที่แล้ว

      He is fantastic...Many things did because of his revision lectures..No classes also taken

  • @tejeshwinigowdaclasses
    @tejeshwinigowdaclasses 4 ปีที่แล้ว

    Thank u so much sir.
    It helped me a lot for my preparation.

  • @padamjain6326
    @padamjain6326 4 ปีที่แล้ว

    Thank You so much Sir

  • @rashijain9164
    @rashijain9164 4 ปีที่แล้ว

    Probly the best❤

  • @dr.s.rosalinejayanthi405
    @dr.s.rosalinejayanthi405 4 ปีที่แล้ว +2

    Excellent teaching 👌

  • @deeksha274
    @deeksha274 4 ปีที่แล้ว

    Thankyou so muchh sir☺️

  • @divyeshjain5370
    @divyeshjain5370 4 ปีที่แล้ว

    Thanks so much Sir :-)

  • @XHTOMAR
    @XHTOMAR 4 ปีที่แล้ว

    Thanks for the video Sir, it is really helpful

  • @mansijain3440
    @mansijain3440 4 ปีที่แล้ว

    Very helpful for revision purpose...Thank you Sir... 👍

  • @rajanrathod2038
    @rajanrathod2038 3 ปีที่แล้ว +2

    6:43
    It should be supplier should not have substitution rights ?

  • @jainmayuri1902
    @jainmayuri1902 4 ปีที่แล้ว

    This video was really very helpful Thank you so much sir😁😁

  • @Itsmehappypanda
    @Itsmehappypanda 4 ปีที่แล้ว

    Thank you sir....

  • @nikitagarg4919
    @nikitagarg4919 4 ปีที่แล้ว

    Sir you are the best mentor❤️