IFRS 1 | IAS 1| International Financial Reporting Standard 1 International Accounting Course

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  • เผยแพร่เมื่อ 5 ส.ค. 2024
  • In this video, I discuss the IFRS 1. The main objective of IFRS 1 is to ensure that the entity's financial statements that firstly adopted IFRS contain high quality of information . IFRS 1 requires an entity to use the same accounting policies in its opening IFRS statement of financial position and throughout all periods. Farhat Accounting Lectures can help you understand IFRS 1
    ✔️Accounting students and CPA Exam candidates, check my website for additional resources: farhatlectures.com/
    📧Connect with me on social media: linktr.ee/farhatlectures
    #CPAEXAM #ACCA #accountingstudent
    Updated video : • International Accounti...
    Summary of IAS 1 shortly explains IFRS financial statements, their purpose, general features and looks to the statement of financial position, statement of comprehensive income and statement of changes in equity.

ความคิดเห็น • 59

  • @ringakol2368
    @ringakol2368 2 ปีที่แล้ว +3

    I have learned a lot from this professor and I do enjoy checking your newly videos because the helpful in accounting field and CPA as well.

  • @miniylshewawondimu1198
    @miniylshewawondimu1198 3 ปีที่แล้ว +1

    you are so kind for me thank you for all

  • @shimelsgirma
    @shimelsgirma 5 ปีที่แล้ว +3

    Thank You Mr. Farhat's for Your Presentation!

    • @AccountingLectures
      @AccountingLectures  5 ปีที่แล้ว

      You are welcome.Please subscribe and share the channel on
      social media.
      Please connect with me:
      Instagram: instagram.com/farhatlectures/
      LinkedIn: www.linkedin.com/in/professorfarhat/
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  • @danawardanaranaweeraarachc6032
    @danawardanaranaweeraarachc6032 ปีที่แล้ว +2

    Excellent clarification. Looking other standards too.Appreciate your valuable insight

    • @AccountingLectures
      @AccountingLectures  ปีที่แล้ว

      Glad it was helpful! Please check my website for more: ✅farhatlectures.com/

  • @abdulrahmansenan7221
    @abdulrahmansenan7221 2 ปีที่แล้ว +1

    Thank you

  • @kedirebecca2760
    @kedirebecca2760 4 ปีที่แล้ว +1

    I have liked the way you explain things and i do understand them very well

    • @AccountingLectures
      @AccountingLectures  4 ปีที่แล้ว

      You are most welcome. Please subscribe and share. If you want to access more resources, check my website:
      ✔farhatlectures.com/
      ✔Instagram: @farhatlectures
      ✔ Linkedin: www.linkedin.com/in/professorfarhat/
      ✔Facebook:@accountinglectures
      ✔Twitter: @farhatlectures
      🎤Email: Mansour.farhat@gmail.com

  • @hamideldaw7600
    @hamideldaw7600 3 ปีที่แล้ว +1

    I’m so eager to learn more from you !

    • @AccountingLectures
      @AccountingLectures  3 ปีที่แล้ว

      You are most welcome. Please subscribe and share. If you want to access more resources, check my website:
      ✔farhatlectures.com/courses
      ✔Instagram: @farhatlectures
      ✔ Linkedin: www.linkedin.com/in/professorfarhat/
      ✔Facebook:@accountinglectures
      ✔Twitter: @farhatlectures
      🎤Email: Mansour.farhat@gmail.com

  • @hamideldaw7600
    @hamideldaw7600 3 ปีที่แล้ว +1

    I really like your explanation . Thank you so much

    • @AccountingLectures
      @AccountingLectures  3 ปีที่แล้ว

      You are most welcome. Please subscribe and share. If you want to access more resources, check my website:
      ✔farhatlectures.com/
      ✔Instagram: @farhatlectures
      ✔ Linkedin: www.linkedin.com/in/professorfarhat/
      ✔Facebook:@accountinglectures
      ✔Twitter: @farhatlectures
      🎤Email: Mansour.farhat@gmail.com

  • @wondutilahun9531
    @wondutilahun9531 3 ปีที่แล้ว +1

    Thank your explanation about IFRS 1

    • @AccountingLectures
      @AccountingLectures  3 ปีที่แล้ว

      Most welcome.
      Please subscribe and share. If you want to access more resources, check my website:
      ✔farhatlectures.com/
      ✔Instagram: @farhatlectures
      ✔ Linkedin: www.linkedin.com/in/professorfarhat/
      ✔Facebook:@accountinglectures
      ✔Twitter: @farhatlectures
      🎤Email: Mansour.farhat@gmail.com

  • @sisaybefkadu4371
    @sisaybefkadu4371 3 ปีที่แล้ว +2

    Coutinue good work and to discuss different angles

    • @AccountingLectures
      @AccountingLectures  3 ปีที่แล้ว

      You are most welcome. Please subscribe and share. If you want to access more resources, check my website:
      ✔farhatlectures.com/
      ✔Instagram: @farhatlectures
      ✔ Linkedin: www.linkedin.com/in/professorfarhat/
      ✔Facebook:@accountinglectures
      ✔Twitter: @farhatlectures
      🎤Email: Mansour.farhat@gmail.com

  • @kedirebecca2760
    @kedirebecca2760 4 ปีที่แล้ว +1

    It is my first time to join and i would like to learn more with you sir

    • @AccountingLectures
      @AccountingLectures  4 ปีที่แล้ว

      You are most welcome. Please subscribe and share. If you want to access more resources, check my website:
      ✔farhatlectures.com/
      ✔Instagram: @farhatlectures
      ✔ Linkedin: www.linkedin.com/in/professorfarhat/
      ✔Facebook:@accountinglectures
      ✔Twitter: @farhatlectures
      🎤Email: Mansour.farhat@gmail.com

  • @Ancin47
    @Ancin47 5 ปีที่แล้ว +5

    Can you do IFRS 9 or the upcoming CECL (current expected credit losses) ?

  • @doubleabrothers2319
    @doubleabrothers2319 3 ปีที่แล้ว

    Very good informative video.

    • @AccountingLectures
      @AccountingLectures  3 ปีที่แล้ว

      Glad it was helpful! You are most welcome. Here's my list of my courses: farhatlectures.pathwright.com/library/

  • @afeworkaberra9343
    @afeworkaberra9343 3 ปีที่แล้ว +1

    Thanks lot

    • @AccountingLectures
      @AccountingLectures  3 ปีที่แล้ว

      You are welcome.
      Check my website for more:
      ✔farhatlectures.com/
      ✔Instagram: @farhatlectures
      ✔ Linkedin: www.linkedin.com/in/professorfarhat/
      ✔Facebook:@accountinglectures
      ✔Twitter: @farhatlectures
      🎤Email: Mansour.farhat@gmail.com

  • @urvikshelat1833
    @urvikshelat1833 2 ปีที่แล้ว +1

    Can you share the playlist name where you cover all the IFRS related topics in one group?
    As information that you have put in is appreciated. Thank you so very much!

    • @AccountingLectures
      @AccountingLectures  2 ปีที่แล้ว

      Please connect with me: linktr.ee/farhatlectures

  • @newgenerationfacts7644
    @newgenerationfacts7644 4 ปีที่แล้ว +1

    Sir please tell me about us CPA course in detail

  • @prachichoudhary2246
    @prachichoudhary2246 4 ปีที่แล้ว +2

    very informative lecture.thank you.

    • @AccountingLectures
      @AccountingLectures  4 ปีที่แล้ว

      You are most welcome. Please subscribe and share.
      If you want to access more resources, check my website: farhatlectures.pathwright.com/library/
      Connect with me:
      Instagram Account: instagram.com/farhatlectures/
      Linkedin: www.linkedin.com/in/professorfarhat/ Facebook: facebook.com/accountinglectures
      Twitter: twitter.com/farhatlectures
      Email: Mansour.farhat@gmail.com

  • @kebbe6802
    @kebbe6802 8 หลายเดือนก่อน

    IFRS 1 & IAS1 ... are they the same? i would like you to review this tutorial again, pls.

  • @mikaelabaccay8707
    @mikaelabaccay8707 3 ปีที่แล้ว +1

    Hi, can someone tell me where I could find the Basis for conclusion on IFRS/IAS? Been searching all day long. Thank youuuu. It will be a huge help.

    • @AccountingLectures
      @AccountingLectures  3 ปีที่แล้ว

      You are welcome.
      Check my website for more:
      ✔farhatlectures.com/
      ✔Instagram: @farhatlectures
      ✔ Linkedin: www.linkedin.com/in/professorfarhat/
      ✔Facebook:@accountinglectures
      ✔Twitter: @farhatlectures
      🎤Email: Mansour.farhat@gmail.com

  • @amanrehman8159
    @amanrehman8159 5 ปีที่แล้ว +2

    Can you please give some details about ACCA qualification

  • @sumavishnu3359
    @sumavishnu3359 4 ปีที่แล้ว +5

    But IFRS 1(1:18), is on First Time Adoption of IFRS
    IAS 1 and IFRS 1, both are different

    • @katolika9357
      @katolika9357 4 ปีที่แล้ว

      CMA Suma S Prasad I also noticed that.

    • @habibrahman6615
      @habibrahman6615 4 ปีที่แล้ว

      Right am also confused 😳

    • @alegremohammadallem6993
      @alegremohammadallem6993 4 ปีที่แล้ว +1

      Yes, they are different, I think he just made a remark describing that adoptation. IAS 1 is already a financial reporting standard while IFRS 1 is like what you've mentioned

    • @AccountingLectures
      @AccountingLectures  3 ปีที่แล้ว

      IFRS 1: en.wikipedia.org/wiki/IFRS_1
      International Financial Reporting Standard 1: First-time Adoption of International Financial Reporting Standards or IFRS 1 is an international financial reporting standard issued by the International Accounting Standards Board (IASB). It sets out requirements on the preparation and presentation of financial statements and interim financial reports by entities that are adopting the IFRS for the first time, to ensure that they contain high-quality information
      IAS 1: en.wikipedia.org/wiki/IAS_1
      International Accounting Standard 1: Presentation of Financial Statements or IAS 1 is an international financial reporting standard adopted by the International Accounting Standards Board (IASB).[1] It lays out the guidelines for the presentation of financial statements[2] and sets out minimum requirements of their content; it is applicable to all general purpose financial statements that are based on International Financial Reporting Standards (IFRS).

    • @AccountingLectures
      @AccountingLectures  3 ปีที่แล้ว

      @@habibrahman6615 IFRS 1: en.wikipedia.org/wiki/IFRS_1
      International Financial Reporting Standard 1: First-time Adoption of International Financial Reporting Standards or IFRS 1 is an international financial reporting standard issued by the International Accounting Standards Board (IASB). It sets out requirements on the preparation and presentation of financial statements and interim financial reports by entities that are adopting the IFRS for the first time, to ensure that they contain high-quality information
      IAS 1: en.wikipedia.org/wiki/IAS_1
      International Accounting Standard 1: Presentation of Financial Statements or IAS 1 is an international financial reporting standard adopted by the International Accounting Standards Board (IASB).[1] It lays out the guidelines for the presentation of financial statements[2] and sets out minimum requirements of their content; it is applicable to all general purpose financial statements that are based on International Financial Reporting Standards (IFRS).

  • @RealRyuzaky
    @RealRyuzaky 3 ปีที่แล้ว

    IFRS 1 is a revised IAS 1? Are you sure about that? Thought one was focused on financial statements characteristics and the other first time adoption. Can you please confirm they are different things? Thank you

    • @AccountingLectures
      @AccountingLectures  3 ปีที่แล้ว

      IFRS 1: en.wikipedia.org/wiki/IFRS_1
      International Financial Reporting Standard 1: First-time Adoption of International Financial Reporting Standards or IFRS 1 is an international financial reporting standard issued by the International Accounting Standards Board (IASB). It sets out requirements on the preparation and presentation of financial statements and interim financial reports by entities that are adopting the IFRS for the first time, to ensure that they contain high-quality information
      IAS 1: en.wikipedia.org/wiki/IAS_1
      International Accounting Standard 1: Presentation of Financial Statements or IAS 1 is an international financial reporting standard adopted by the International Accounting Standards Board (IASB).[1] It lays out the guidelines for the presentation of financial statements[2] and sets out minimum requirements of their content; it is applicable to all general purpose financial statements that are based on International Financial Reporting Standards (IFRS).

  • @amanrehman8159
    @amanrehman8159 5 ปีที่แล้ว +2

    Hi! Sir
    Is it covers under ACCA qualification

    • @AccountingLectures
      @AccountingLectures  5 ปีที่แล้ว

      The topic is covered.
      You are welcome. Please subscribe and share the channel on
      social media.
      Please connect with me:
      Instagram: instagram.com/farhatlectures/
      LinkedIn: www.linkedin.com/in/professorfarhat/
      Facebook: facebook.com/accountinglectures

  • @syediqtidarshah4545
    @syediqtidarshah4545 ปีที่แล้ว +1

    from where i get these ppts

    • @AccountingLectures
      @AccountingLectures  ปีที่แล้ว

      My website. Thank you. For more resources check out my website: www.farhatlectures.com

  • @amiralam1000
    @amiralam1000 5 ปีที่แล้ว

    I want to do diploma in IFRS can you plz guide me where to start and how to prepare

    • @AccountingLectures
      @AccountingLectures  5 ปีที่แล้ว +1

      I don;t know where to get a diploma in IFRS. My lectures will help you prepare.

    • @amiralam1000
      @amiralam1000 5 ปีที่แล้ว

      @@AccountingLectures OK Tnx dear

  • @mohamedmsadaa7384
    @mohamedmsadaa7384 3 ปีที่แล้ว +1

    You are explaining ias 1 and not ifrs 1 please don't confuse people, they are not the same thing

    • @AccountingLectures
      @AccountingLectures  3 ปีที่แล้ว

      IFRS 1: en.wikipedia.org/wiki/IFRS_1
      International Financial Reporting Standard 1: First-time Adoption of International Financial Reporting Standards or IFRS 1 is an international financial reporting standard issued by the International Accounting Standards Board (IASB). It sets out requirements on the preparation and presentation of financial statements and interim financial reports by entities that are adopting the IFRS for the first time, to ensure that they contain high-quality information
      IAS 1: en.wikipedia.org/wiki/IAS_1
      International Accounting Standard 1: Presentation of Financial Statements or IAS 1 is an international financial reporting standard adopted by the International Accounting Standards Board (IASB).[1] It lays out the guidelines for the presentation of financial statements[2] and sets out minimum requirements of their content; it is applicable to all general purpose financial statements that are based on International Financial Reporting Standards (IFRS).

  • @hamzaiqbal282
    @hamzaiqbal282 ปีที่แล้ว

    NEED IAS/IFRS COMPLETE LECTURES FOR DEC 23 SESSION??? IS ANYONE HAVE ??

  • @butchcortez4683
    @butchcortez4683 4 ปีที่แล้ว +1

    Could you make your speaking slower? thank you. Im having a hard time to understand as who english is not.primary language

    • @zel9843
      @zel9843 4 ปีที่แล้ว +1

      You could change the speed to 0.75, works for me while I'm doing other things.