Sir there is an issue arising to understand extraordinary items? IFRS says we should not record extraordinary items then why classifying as income and other comprehensive income?
Dude! profit on sale of asset is not a part of OCI. This is part of normal operations and should be reported in P&L. Example of OCI items are revaluation surplus, re-measurement adjustment under IAS-19, exchange gain/loss on foreign operations, gain/loss on cashflow hedge. unrealised gain on AFS securities (under previous IAS-39). Some of these items can be reclassified to P&L in subsequent period while other cannot. Please update your knowledge on IFRS, thanks
thanks so much! for non being selfish with the knowledge!!! greetings from Guatemala.
Clear presentation. Very precisely explained the matter.
its awesome presentation,,"salute sir"
Great job sir. Kindly upload all the IAS video. we are waiting for your other video.
Thank u somuch sir, keep uploading lectures on IFRS n IAS. from my side big👍
🙋😘 Interesting!!!! well done...
Thanks alot sir.
Nice class. Need more from you...
Great lecture. Very useful
Its good presentation Sir.. I have question, retrospective effect not come under the restatement?. Please reply
Really help full, keep posting
Excellent work keep it up
Awesome presentation 😀😀😀😄😄😄
Thank you sir understanding is being achieved
Vg, It's a great video . It helped me understand IAS. Thank you .
Much respects sir! I do like this, from Rwanda.
thanks a lot sir....i understand ur presentation. it will help me. thanks sir
superb presentation.... very helpful
Tq sir for your best explanation ....
Amazing explaination
hi vikas.. rly good video plzz keep uploding.. pls upload all lectures chronologically..
This is very old. Are you not updating the videos as per the latest revisions in the standards?
really helpful
Many thank Sir,a very useful presentation
what a great class probably hear only one student !!
Good one.
Stay blessed! you are awesome.
Could you please make your writings clearer for your students
Thank you ❤
rely help full thanks very much sir.
Profit on sale of asset will come under OCI or other income?
Sir there is an issue arising to understand extraordinary items? IFRS says we should not record extraordinary items then why classifying as income and other comprehensive income?
I have doubt what is the difference between restatements effects and retrospective effect... both sounds same impact
Excellent
Dude! profit on sale of asset is not a part of OCI. This is part of normal operations and should be reported in P&L. Example of OCI items are revaluation surplus, re-measurement adjustment under IAS-19, exchange gain/loss on foreign operations, gain/loss on cashflow hedge. unrealised gain on AFS securities (under previous IAS-39). Some of these items can be reclassified to P&L in subsequent period while other cannot. Please update your knowledge on IFRS, thanks
Good presentation
Great lecture sir
Thanks and welcome
Thank you sir
God bless you sir
hi sir can u plz upload a problems on presentation of financial statements
perfect
great
sir your way of describing is very nice but can i have lectures notes of ifrs diploma
Really thank you u maid my douts easy
Nice
From the beginning itself you skip the Statement of change in equity , any reason?...
thank you
Thanks
sir please provide class for costing
1 suggestion use noise càncellation feature.
P&L is an a/c not a statement.......!!!!
Say "Income Statement" instead......!!!!!
plz talk in urdu for more clearing concepts
really helpful
Thank you Sir