AS11 - The Effects of Changes in Foreign Exchange Rates for CA Inter |May 2024|Nov 2024

#AS11
#IndigoLearn
#AccountingStandard11
This video on AS 11 Accounting Standard on Foreign Exchange explains how to account for foreign exchange transactions as per AS 11. it is prepared for students of CA Inter New Syllabus, CA IPCC Old Syllabus & CA FInal for Nov'20 Exams.
For more details please visit bit.ly/IL1FIN or reach us at 9640111110.

[@AnkitGupta-cl4vm]

Sir I am a CA student... Your lecture is very supportive... Great teaching style 👍

[@sathyaranganathan9703]

I just love the way of explanation... It's awesome, actually i terminated my CA 3 years back...after watched ur video i gained confidence to continue it again....i may be a house wife now who has to take care of all household chores and bringing up child ... but i think i can clear my inter now...even i renewed my ipcc course last week...if i cleared so all credits to indigo learn

[@1FIN]

Thanks for the wonderful feedback. We are delighted to know that you are enjoying our course.

[@menakaakrishnasamy5548]

me too same feel have to clear final both groups

[@vimalisanthosh1464]

You make students situation simpler. Thank you so much. Very easily understandable.

[@mamathasade5874]

Clean and clear explanations. Lot of respect for your efforts. Thanku Indigolearn.

[@Lavanya51551]

I got answer for each and every question what I had in this topic... Thanks a lot. Amazing so detailed!!!

[@manasibadgujar6685]

How nicely and thoroughly you have taught! I loved your lecture sir.

[@ArjunMohan_]

Your class is so much simple and very effective for students. 🌸thanks a lot sir

[@vinodvaid9643]

Outstanding.... Remarkable Explanation.

[@siddharthsirsat6654]

You're just amazing Sir 💕

[@nikhilsatwadhir5152]

Sir please upload the all Videos related to AS , Ind AS and IFRS in Simple words... It's really helpful for me to understand and clarify the depth of knowledge and each word spoken by you noted by me in my notes 😊

[@anieshaji5515]

Thank you sir❤ Crystal clear✨

[@sandhiyasara8436]

Hello sir , can you please upload law amendments for ca IPCC old syllabus related to may 19??

[@RamanKumar-dz4nc]

Very nice and clear explanation of the concepts Thanks sir.

[@bharathis6864]

Wow clear explanation.. thank you sir

[@prahlad1064]

Sir can we purchase only AS lectures (specific AS only like 12,16 )

[@sathyaranganathan9703]

Excellent explanation.... Thanks for ur efforts

[@amarborhade2448]

Good presentation with teaching

[@prakashkarn1568]

AWESOME METHOD OF EXPLAINING !

[@jyotisaini3240]

You are one of the best teacher 😎😍 ..

[@nikhilthomas348]

The best teacher ever...

[@sharanyanr7693]

Super explanation sir......clear concept

[@diwassaxena1455]

Who specify the exchange rate for Companies Financial statement , is it RBI or FADAI??

[@anusharajesh952]

Amazing explanation n thanks for the logic. ....thank you sir

[@hemalatha-rh7bk]

Please upload full concept, its really clear explanation sir

[@muskan-sq1zh]

Sir thankyou for your efforts it just helped alot of people!
Thankyou 💖

[@yatrishah4819]

Thank you sir

[@syedafarwaabedi279]

Thankyou for clear explanation

[@danzaharshasharma]

Sir what is the accounting when there is a farword contract?

[@mohammedwaseem3361]

amazing style of teaching ,.............keep it up.............

[@chandrasekhardevulapalli1689]

Clear explanation

[@omprakashvijayan5812]

Sir i listen your lectures you are a gem .. Keep going it is very helpful for my ipcc exam preparation

[@1FIN]

Thanks

[@pappumahato1178]

This is new era of education in online classes.

[@ishitasodagar4071]

Superb teaching
Stay blessed sir

[@ayesha8844]

Best lecture

[@pratikmathkar1231]

Tysm for the efforts u had taken sir😃

[@NikhilKumar-lk4uc]

What about forward exchange contracts??

[@arshadaakbar5726]

Sir , you are great ... thankyou so much sir❤️

[@arthymariappan9904]

Thank you so much sir

[@suryanarayana8433]

Sir it is very helpful for my ca inter preparation thanku sooo much sir

[@sandrapbabu2196]

Surya Narayana all the best for your November exam... You will clear exam... ♥♥

[@gayathriss6558]

Useful video sir.

[@Nishusaini-dt6og]

Brilliant explanation😊☺️

[@kamdalursumanth2376]

Awesome explanation sir !!😘

[@sonjitroy4987]

Should revaluation reserve be retranslatted?

[@vidyalakshmi2447]

Clearly explained, thanks sir

[@jinhitsmanager3654]

Too good 👍

[@ramanandavishwajnaacharya7179]

Sir what about, export sales. Same methods applicable

[@yasha5488]

Amazing

[@pradumgupta7481]

Nice explanation sir
But full part is not covered like forward contact

[@srivivisuals-9565]

Nice explanation

[@Prince-cg1eu]

Excellent

[@shagynaz]

In bill of entry rate of exchange is given

[@binbinwu4321]

when we book in the exchange difference into creditors GL, how about the sub-ledger?

[@1FIN]

Its booked at the sub ledger level for creditors/debtors

[@rahilraza7927]

thank you sir

[@thamizhselvim5210]

Your lectures are easily understandable for me sir... Thank u sir

[@nikitaagale7546]

Plz uploade full vedio it is helpful but seems to be incomplete directly practical problems are there plz uploade introduction of the AS

[@kommaganesh7134]

Thank u sir

[@dharmitjain1015]

Nice👌

[@repyb5583]

Best instructor.pls upload full video sir.It is really useful for exam preparations.Thankyou sir.

[@1FIN]

Full videos are available on www.IndigoLearn.com

[@shivak1046]

Good sir

[@neethup.r6825]

Pls install full video

[@arpansaha8323]

Why do we take the impact of exchange difference on settlement date into the next Accounting Period ? I mean wont it be more logical to book the exchange difference,arising during settlement,in the period in which the actual monetary item pertains ?

[@1FIN]

If the amount is not settled in the same accounting period, the exchange difference from the date of transaction and the year end is accounted at the balance sheet date. The difference between exchange rate on balance sheet date and date of settlement is booked in the next accounting period in which actual settlement happens.

[@keerthana2983]

EXCELLENT SIR!

[@1FIN]

Thanks!

[@rakeshbirthdaybash]

In Practical, Some people book purchase with exchange rate given in Boe, is it acceptable? To what extent it is correct?

[@1FIN]

You can do it till the time it is consistent.

[@vaikunthabhogte9665]

Nice vedio sir

[@NishKBal]

Can u upload As full standards

[@sahithilouis8790]

🙌🙌🙌

[@Ak353-d7u]

No entry for loss on the payment date??

[@1FIN]

There will be an entry for loss/gain on payment date as well.

[@CAGAURIGARG]

sir is this a full concept of as-11

[@1FIN]

No. The full standard is available for purchase at www.indigolearn.com

[@sohanurrahman1372]

love from Bangladesh

[@rakshashenoy8570]

nice explanation

[@1FIN]

Thanks!

[@ayushman3359]

I have my intermediate paper in 3 hours.

[@abhim7]

All the best

[@mehulsuri4222]

Pass hogaya bhai 😂😂😂

[@manasibadgujar6685]

Have you passed? 🤕

[@muthuram5656]

But forex diff of fixed asset can also be capitalized,
Pls upload the full video sir it will be useful

[@1FIN]

Full video is available at indigolearn.com

[@anujmaheshwari3254]

The video is not talking about exceptions
Half knowledge is dangerous
Why on website ?
at least the particular topic should be fully covered here

[@1FIN]

Full video is available on our website indigolearn.com this is only a part of the video

[@priya4all86]

What I can understand that only balance sheet items are revalued if the transaction is done through foreign currency. Is p&l line items are revalued in any point of time? Please help me.

[@1FIN]

Only balance sheet items are revalued.

[@priya4all86]

@@1FIN ok thanks for your reply. Could you please share some other links if u have on this topic?

[@Soumyajit_Datta]

Thank You Sir

[@Satisfying_Crushing_ByAryan]

Guu+udds

[@sivanantham7393]

Only 3people dislike

[@1FIN]

We are happy with the love students & professionals give us! Thanks for the support!

[@fathimaanvar6178]

Best lecture

[@shivammaheshwari4815]

Best lecture

[@1FIN]

Thanks