Sir, here in AS 10 PPE, "Patter of depreciation is based on usage of asset" and also you mentioned that depreciation should not be based on revenue generated by Machinery since it may be depends on various other factors, So in general PPE's are depreciated based on capacity utilization. However, on other hands in AS 26, Amortization of Intangible Asset is based on "Pattern in which economic benefit generated" so here can we say that depreciation is based on revenue generated by Intangible Asset, unlike Tangible Asset? Eg. National Permit License are rented to the 3rd party which has validity for 5 years, so here I can amortize license based on rent generated by National Permit License (i.e. based on revenue generation National Permit License unlike tangible asset) Please clarify whether my understanding is correct!!! thanks for the support sir. Hope you address it.
sir I have a small doubt regarding identifiablity of intangible asset.... you said the example of laptop and OS .... in initial cases when we are purchasing a new laptop our intention is to buy the laptop but not the OS alone so it is tangible asset. But if the laptop is already purchased and we just want to change the OS in that case our primary intention is to OS only but the laptop whole, then please explain the situation!!!!!!
the best thing about you is that u upload complete session
Thank you, for your support to us those who don't effort classes.
sir your explanation is awesome but we expect from you that solve some icai practicle question also.
Sir explanation is super and detail 👍
Only a person of decent knowledge can appreciate
Sir... your concept clarity makes very easy to understand and helps to retain for a long time... thanks a lot...
Your classes are superb and very useful to students.
Sir, here in AS 10 PPE, "Patter of depreciation is based on usage of asset" and also you mentioned that depreciation should not be based on revenue generated by Machinery since it may be depends on various other factors, So in general PPE's are depreciated based on capacity utilization.
However, on other hands in AS 26, Amortization of Intangible Asset is based on "Pattern in which economic benefit generated" so here can we say that depreciation is based on revenue generated by Intangible Asset, unlike Tangible Asset? Eg. National Permit License are rented to the 3rd party which has validity for 5 years, so here I can amortize license based on rent generated by National Permit License (i.e. based on revenue generation National Permit License unlike tangible asset)
Please clarify whether my understanding is correct!!! thanks for the support sir. Hope you address it.
thank u so much sirji for ur selfless support to the students fraternity.
There's no match to your teaching style.
Sir you are just next level
Nice Explanation & Very Understandable . Thank you so much sir :)
Thank u soooooo much sir.... Nd theres such a clarity of the concept that u teach.... 🙏🙏🙏🙏🙏🙏
Awesome sir, you should upload more frequently!
superb explanation sir . thanks for uploading videos
1:08:57 past expenditure not eligible to be capitalised
Under research phase the outcome is uncertain Sir by mistake wrote it as certain
U r just awesome ....hats off to u sir
Sir please do upload accounting standards videos sir for inter may 2024
Sir can we expect IndAs 107,32,109?
Sir can you please make a video on Ind AS 32,107,109
awesome sir your explanation is very good
Wah ustad!!!! :)
Tusssi cha gaye
Thank you Sir...
Thank you so much ☺
Hi
Nice Explanation 👍
much thanx sir😊
Sir how many standards you ve done pl
Thank you so much sir
It is really very helpful
Super explaination
Sir thanks for your help
Thank you so much sir
Great work sir!
Thanks
Superb sir
Handwriting of sir is 1k x better than mine....cool
sir i want buy your ca final class...plss sir your teaching method is so awesome
Baga chepparu mesharu
Is this for IPCC or Final?
sir I have a small doubt regarding identifiablity of intangible asset.... you said the example of laptop and OS .... in initial cases when we are purchasing a new laptop our intention is to buy the laptop but not the OS alone so it is tangible asset.
But if the laptop is already purchased and we just want to change the OS in that case our primary intention is to OS only but the laptop whole, then please explain the situation!!!!!!
Os is recognise as IA as per sa 26
Bro make a video on AS 12
According to me Staff training is not intangible asset as it is not identifiable
sir please upload AS 16