Construction Contracts | AS - 7 | Ch - 8 Unit 1 | CA INTER Advanced Accounting | CA Parag Gupta

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00:05 Introduction to Accounting Standard 7 - Construction Contracts
03:06 Understanding construction contracts and their key elements
08:53 Types of construction contracts - Fixed Price and Cost Plus
12:20 Cost Plus Contract allows for flexible pricing based on actual expenses
19:26 Contract cost, completion stages, and expenditure identification
21:37 Calculating profit using degree of completion method
27:49 Understanding contract revenue and cost allocation
30:30 Contract costs include plant depreciation and design expenses
36:30 Disclosure requirements for construction contracts.
39:39 Progress billing and retention disclosure requirements
45:58 Understanding the concept of Degree of Completion
48:19 Understanding contract revenue and cost implications
53:56 Understanding Qumi profit and booking profit over two years
56:22 Understanding contract profit calculations
1:01:29 Understanding the calculation of total contract cost and profit
1:04:26 Understanding contract cost and expenses calculation
1:09:18 Recording progress payment in construction contracts
1:13:31 Understanding the calculation of profit for the second year in construction contracts.
1:18:26 Recording balances and customer accounts in construction contracts
1:21:02 Understanding contract revenue, costs, and completion percentage.
1:25:56 Recognizing loss impacts provision making
1:28:55 Contract revenue and cost disclosure requirements
1:34:04 Calculation of profits and losses in construction contracts
1:36:55 Net loss in PNL will be 12 lakhs if 8 lakhs is a loss this year.
Crafted by A Chy(inter).

[@wardengaming7577]

thanks bro

[@bhargavdewani7836]

yes new module has more problems and I think recorded video is old

[@yashjain6867]

Sir plzz make on video on problems of as7 with escalation point

[@sanjogsah5406]

Thank you very much sir for providing best quality education at free of cost ❤❤

[@shwetasuryawanshi2]

Thank you so much sir..! 😊

[@DebasishDas-st7pz]

itna indept explaination majja agya sirji

[@JaishreeramRam-m4g]

Thanks sir ❤for amazing content 😅😅

[@yashaswinitg9299]

Crystal clear thankyou very much sir❤

[@ruthushreebn6164]

Sir thank u sooo much for these videos ❤ but sir as 7 ka there is some addition can u pls provide it tooo it will be very helpful

[@ADITHI_98]

thank you soo much sir. very grateful

[@annusharma3361]

Good One. Thanks for the video. Appreciated

[@shubhamkumar-ub5ti]

Sir to contract costing ka kaha use karte hain jab accounting.

[@pihu8866]

Thankyouu for ur efforts sir

[@sumitsolanki4191]

😊😊😊😊

[@ryugaokay69]

Thank you sir

[@Arsalanshafiq2802]

Sir as bhi apne pura nhi kravya kuch concepts gayab krdiye apne

[@Sahilpal725]

Aur aise hi padhte hai...jitna realvent hai exam k liye...aur illustration solve ho jaye pure etna hi

[@Muskancaplus]

Kya chod diye h sir

[@Sahilpal725]

@@Muskancaplus mind your language...chhor ..not chod

[@shivaniii6397]

Old Lecture hai ye, new syllabus me kuch topic new hai

[@ishan.18]

Free me or Kitna loge??
Koi bhi free me kiu batayga tumko usko kia mil rha ??

[@DdddG-ls7db]

🙌🙏

[@flaviageorgebertram1000]

57:19 sir isme profit already recognised 1,66,600 kaise aaya?

[@sakchigupta9303]

Profit till date in 2023

[@sanjikasurbhi9620]

thank you sir for free class dene ke liye sir AS 14 Nahi padha hai ap chapter 9

[@rpmRajat005]

Amalgamation [AS 14] ek separate chapter hai aur sir padhae v hai ,check playlist

[@amitrai7693]

Pura krwa diya kariye sir

[@dhirbera2999]

50:19 ek zero kam le liya sirjine

[@sajanmukhiya620]

Sir marathon ka video sir please sir

[@prachishah765]

the new module of ICAI has more illustrations.....

[@bhargavdewani7836]

yes new module has more problems and I think recorded video is old

[@Sahilpal725]

Sir esko padhe hai phle contract costing me

[@abhigamer9643]

Bahi yaha live hai

[@pihu8866]

AS 14 is not there sir

[@kunalverma01212]

Amalgamation wala ch hai na...wo as 14 hi h

[@Shreya7827]

Sir last year iss wqt aapke lectures se 12th boards ki preparation chl rhi thi or iss saal inter may24 ki.... Hoping ki results iss baar b acche ho❤🙂

[@caparaggupta2.0]

Bilkul ayega 🫶🏻

[@Shreya7827]

@@caparaggupta2.0 🥰🥰🥰

[@user-nm1js6iq3q]

Majdoor ne bmw kharid li

[@osmifoods]

Guruji AS ke liye ye complete lecture dekh ke ICAI Questions krlu itna enough h kya?

[@listenwithme7429]

rtp and mtps are must bro

[@gigachad3218]

Ha bhai enough hain. Rtp mtp is recommendable for more practising

[@PhoenixLucido]

​@@listenwithme7429 RTP MTP of this year only or previous years too ?

[@user-hd9rs3dj7s]

Where do we get this notes link

[@listenwithme7429]

previous year too@@PhoenixLucido

[@pradyumnkumar6285]

Sir inter ke bhi sabhi subjects padho ge

[@gigachad3218]

He only teaches paper 1

[@Guptajii2025]

Thank You Sir❤

[@caparaggupta2.0]

Most welcome

[@supriyakate8808]

AS 14 ka lecture upload karo sir plzz 🥲

[@kunalverma01212]

Amalgamation of co hi as14 hai ...