IND AS 116 Revision | CA Final FR | Leases | By CA Ajay Agarwal AIR 1

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  • čas přidán 14. 02. 2022
  • Topics Coverage:
    Ind AS 116 - Leases
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Komentáře • 365

  • @ritikchindaliya6225
    @ritikchindaliya6225 Před rokem +183

    Used to watch this lectures as Student, now watching as qualified Chartered Accountant for Interview preparation❤

  • @tanishka.akhand
    @tanishka.akhand Před 2 lety +22

    So many hours of classes wasted to study a chapter which you have explained so "easily" ! Thank You !

  • @istiyakkhan7199
    @istiyakkhan7199 Před rokem +79

    3:45 Lessee Accounting
    10:09 Lease payment meaning
    30:27 Lessee Journal Entry
    35:19 Lease Modification
    43:00 Lease Modification Steps
    59:17 Remeasurement Accounting
    1:05:00 Lessor books
    1:19:23 Dealer lessor
    1:23:20 Lessor Modification
    1:27:27 Sale and leaseback

  • @MaheshEmpire
    @MaheshEmpire Před 2 lety +31

    Ajay sir n Atul sir are real Kohinoor Hiras of CA coaching fraternity. They have contributed alot to the passing of thousands of CA students n filling their dreams.
    Thanks aton to you both legends 🙏🙏

  • @shivamkansal3869
    @shivamkansal3869 Před 2 lety +127

    I have to admit that i have studied this particular Ind AS for around 5 times until now...but never have I ever had this conceptual clarity of this Ind AS. Thank you so much for your efforts.

  • @ishaathakur24
    @ishaathakur24 Před 2 lety +86

    I just want to say one thing, you have created a 'legacy' in the field of CA teaching which will be remembered for years to come.🔥 I don't know how to thank you enough for your tremendous contributions towards helping the students in every way possible. These are golds and diamonds for us. May god bless you and give you every happiness and prosperity in your life.
    Just keep up this good work sir.. We are blessed to have teachers like you:) 🙏❤️

    • @bhagyashribapte517
      @bhagyashribapte517 Před 2 lety +3

      Sahi Guru mil jata he..to saflta ke raste or hi clear dikhne lagte he....and aap dono wahi anmol guru ho.. hum strugglers ko . Aab raste saf dikhai dete he.. thanks to both of u Ajay And Atul sir

    • @sahajkapoorofficial
      @sahajkapoorofficial Před 8 měsíci

      Perfect Teacher ✨

  • @Abhish8k
    @Abhish8k Před rokem +15

    I miss rent a/c dr to cash days lol

  • @Mystic_force
    @Mystic_force Před 9 měsíci +31

    1:49 - date of lease
    3:46 - Lessee accounting
    30:29 -Journal entry
    37:00- Increase in area& increase in lease payment with stabdard selling price of such increased area
    37:49 -Increase in lease term or, imcreade in area and lease payment , or increse/decrease in lease payment
    59:04 - Accounting of remeasurement
    1:19:21- Dealer lessor finance lease
    1:39:45 -Sub lease

  • @madhumitha_Raja1234
    @madhumitha_Raja1234 Před 9 měsíci +10

    The clarity i got in this 1.5 hours is more than listening the regular class of Ind As 116 for 10 hours

  • @aditiagarwal6451
    @aditiagarwal6451 Před 2 lety +19

    It's been so easy to revise FR because of your revision videos. Can't thank you enough 😍

  • @sknbbx
    @sknbbx Před rokem +8

    49:12 Step 5 of Case B modification
    52:35 Case B, Part where decrease in LEASE TERM - Lease Liability part

  • @dimplejain1267
    @dimplejain1267 Před 2 lety +51

    35:17 lease modification
    59:05 remeasurement accounting
    1:05:06 accounting in lessor books

    • @abhishekjain3434
      @abhishekjain3434 Před 2 lety +2

      Transition appraoch may 22 mai applicable rahega ??
      Covid 19 wala lease concession भी applicable hai kya ??

    • @someshberwal5512
      @someshberwal5512 Před 2 lety +1

      1:23:28 lease modification lessor
      1:25:05 Special Cases

  • @poojavaishnav785
    @poojavaishnav785 Před 6 měsíci +8

    I don't know about others but
    I personally feel that
    Because of atul sir and ajay sir's technique of teaching like free notes you tube, reasonable price of lectures etc. They are just trying to reach many to many students by their commendable efforts
    Now many of other are trying the same techniques
    But sir really thankful to your team sir
    From my personal point of view you guys only first who take such a big initiative for us
    This really helpful for those who even can't afford classes
    Thank you so much sir
    Keep growing👏👏👍

  • @SumitJainYog
    @SumitJainYog Před rokem +5

    never understood this AS 19 in old AS but this time IND AS 116 Leases is so simple to understand. all credit goes to Ajay Agrawal ji for providing Conceptual clarity.. Thank you So much 👌✌️

  • @Abcdefghhijklm
    @Abcdefghhijklm Před rokem +11

    Still I am watching his class even after becoming CA for Interview preparation.Very nice explanation.

  • @preethigangavathi1334
    @preethigangavathi1334 Před 2 lety +11

    Immense level of clarity sir! Thank you so much!!

  • @seemabidnur6040
    @seemabidnur6040 Před 2 lety +4

    1:05:07 Accounting of lease in the books of Lessor

  • @shreyasaraswat595
    @shreyasaraswat595 Před 2 lety +2

    Thank you 👍🏻
    Radhey Radhey 🙏🏻🙏🏻

  • @ruturajmanjrekar7947
    @ruturajmanjrekar7947 Před 2 lety +9

    At par with the Regular class! 🤩

  • @RajshekarIengar
    @RajshekarIengar Před 2 lety +3

    Thank you so much Ajay ji
    Radhe Radhe🙏

  • @maitrisavla7067
    @maitrisavla7067 Před 2 lety +2

    Sir just cannot thank you enough for this!

  • @mehakmahajan8231
    @mehakmahajan8231 Před 2 lety +5

    Always afraid of this IND AS but made easy by you. Full conceptual clarity in just short span of time.

  • @BeingStoryTeller
    @BeingStoryTeller Před rokem +5

    The way you have summarized all the cases of modifications in lease contract (Case A, Case B and Case C), OMG, it's amazing and unbelievable.
    Banda agar Case C modifications mai ICAI ka solution dekh le to darr jayega and fir bhi kuchh samajh nhi aayega. Ek to lengthy solution upar se solution aur working notes mai correlation karne mai dimag hil jayega.
    Thanks a lot for making this short and crisp.

  • @CASomnathNayek
    @CASomnathNayek Před rokem +5

    As I never clear concept about ind as 116 in previous due to fear on it, but i m now boost my confidence only bcoz of you. Thank you so much Ajay sir🙏🙏

  • @raghavsharma8585
    @raghavsharma8585 Před rokem +5

    Just imagining the mind of person who has written & thinked of this making IND AS. If he/she would be doing accounts work...there is no need to AUDIT 🤐🤣🤣

  • @tarunkothari1001
    @tarunkothari1001 Před rokem +4

    Adjectives Kam pad jayege describe krne ke liye,
    Itna badiya lecture hai...
    Tysm n grateful to have you in our fraternity....
    God bless you 🙌🙌🙌

  • @BhupendraPatel-wp7gm
    @BhupendraPatel-wp7gm Před 2 lety +13

    Eagerly Waiting for Remaining revision videos...Hats off for 100% conceptual clarity

    • @abhishekjain3434
      @abhishekjain3434 Před 2 lety

      Transition appraoch may 22 mai applicable rahega ??
      Covid 19 wala lease concession भी applicable hai kya ??

  • @LoveLyrics616
    @LoveLyrics616 Před rokem +1

    Thank you✨Radhe Radhe♥

  • @vinayagarwal2682
    @vinayagarwal2682 Před 2 lety +6

    1:25:10 sales and leaseback

  • @bharatgudla5428
    @bharatgudla5428 Před 8 měsíci +4

    Lease Modification 35:30
    Separate Lease contract 37:05
    Case A Modification 43:00
    Case B Modification 48:40
    Reason for Difference in Adjustment 40:00
    Case C Modification (Mix of A&B) 56:35
    Lease Remeasurement 59:00
    Sale and Lease back 1:27:30

  • @inshaansari3967
    @inshaansari3967 Před 2 lety +2

    Thank you so much for your revision lectures. You are a true blessing for students.❣️

  • @mayurisomavamshi5328
    @mayurisomavamshi5328 Před rokem +9

    Actually I was so scared of FR & SFM... even though I took classes from other respected teacher...i didn't feel this type of connectivity and concept clarity.... really you both guys are boon to CA students like me...this revision classes are helping me in this crucial time...And i take a bow for ur patience, hardwork u reply to every student which many teachers dont usually do this makes you special and more connected to students like me #KeepRocking 💐

  • @azizmerchant394
    @azizmerchant394 Před 2 lety +2

    Thank You Sir.

  • @sumerairfan8268
    @sumerairfan8268 Před 2 měsíci +3

    Thankyou so much Sir...I was too scared to start this Indas because I have tried 2 times earlier and couldn't get clarity...but today I did all the question with so much ease...Thanks again

  • @Nivedita2705
    @Nivedita2705 Před rokem +1

    🙏🏻🙏🏻🙇🏻‍♀️🙇🏻‍♀️ no words for this much conceptual clarity
    🎉🎉🎉🎉

  • @swapnilthorat549
    @swapnilthorat549 Před 2 lety +3

    1:19:22 Dealer Lessor Accounting

  • @chirag5060
    @chirag5060 Před 2 lety +2

    Thank you sir for revision lectures.🙏🙏

  • @rishikabansal8912
    @rishikabansal8912 Před 2 lety +3

    Never understood like this before👍

  • @kkpatro8782
    @kkpatro8782 Před 2 lety +6

    Very nice explanation sir, easy to understand and remember too.. plz also provide the notes of this revision.
    Jay Jagannath 🙏

  • @Rohitjhakas
    @Rohitjhakas Před 2 lety +1

    Great efforts.. Great help.. Great attitude.. You have my gratitude. Thanks

  • @divyaa_987
    @divyaa_987 Před 2 lety +1

    Thank you sir
    Really amazing!!

  • @KalindaSSwami
    @KalindaSSwami Před 2 lety +2

    Thank you Sir 👌👌... please upload remaining topic revisions videos....it helps lots...saving time and all....🙏

  • @nidhinagina
    @nidhinagina Před 5 měsíci +3

    I watched 116 revision videos of many professors on u tube ..but it was very difficult to absorb the concepts if you are not their student. However I watched Ajay sir's video and I am so glad ki phle yhi dekh lena chahiye tha tym bch jata ..
    Lots of love and respect for you sir.. thank you so much for being in CA profession... We all are blessed to have you...❤

  • @Saurabhdaruka
    @Saurabhdaruka Před 8 měsíci

    52:47 reason for lease liab reduction calculated differently in case b of modification
    1:43:14 sublease

  • @naveenparsa9865
    @naveenparsa9865 Před 2 lety +2

    Thank you..sir

  • @kajalgupta-ec8dy
    @kajalgupta-ec8dy Před 2 lety +2

    Explained in very simple way.. thanks 🙂

  • @maheshtambe7056
    @maheshtambe7056 Před 4 měsíci +1

    Thank you sir for providing such a wonderful lecture with simplified examples

  • @nadiyasheikh_CA
    @nadiyasheikh_CA Před rokem +1

    Thank you sir... You made FR so simple 🙏

  • @Sandeep.Tripathi21
    @Sandeep.Tripathi21 Před rokem +1

    Thank you Atul bhai❤️❤️❤️

  • @CA_shree
    @CA_shree Před 2 lety +4

    ❤️🙌🏻🔥

  • @keyurmulrajani2221
    @keyurmulrajani2221 Před 2 lety +1

    ||Radhe Radhe||
    Thank You.

  • @shreyasomani1086
    @shreyasomani1086 Před rokem +5

    I regret not taking classes from you. Your teaching style is very good.

  • @vijaykumardasara
    @vijaykumardasara Před rokem +4

    I like the sentense you frequently use "Bahoth simple"...i didnt find at any point of lecture, you using the sentence like this is difficult to understand....Nothing is difficult,if we can get a clear understanding of any Topic,. Really u made it for us.Thank You...

  • @sunaina5983
    @sunaina5983 Před 2 lety +1

    Thank you so much for these lectures

  • @shriramkulkarni7494
    @shriramkulkarni7494 Před 2 lety +1

    Conditions for finance lease 01:06:55

  • @RSSthoughts
    @RSSthoughts Před rokem

    Thank you 😌 Radhe Radhe

  • @kancharlarakesh9104
    @kancharlarakesh9104 Před 10 měsíci +1

    thank you so much for the session sir

  • @aayushbhatt4063
    @aayushbhatt4063 Před 2 lety +1

    thanks a lot sir . ik it is too much to ask but if possible make a video on consolidation also. i have seen the marathon but it would help if there is a bit more detailed video

  • @salonichourasiya5426
    @salonichourasiya5426 Před 2 lety +2

    App se pd k lgta h such me fr kuch v ni h.. Apka bhut bhut dhanyavaad...🙏

  • @simasingh6531
    @simasingh6531 Před 2 lety +2

    Thanks❤️❤️❤️

  • @gaurav6087
    @gaurav6087 Před rokem +2

    Really Appreciate your efforts.

  • @adwt9722
    @adwt9722 Před rokem +9

    I took your classes despite having taken classes from some other faculty. No one can teach the way you do sir. Best investment of my life to have bought your classes. The way you simplify the concepts is unparallel. Extremely grateful. I wish I had taken you classes way before , could have saved money time and all those sleepless nights and tears . Best wishes to you for life

  • @nityanandmudaliar4247
    @nityanandmudaliar4247 Před 2 lety +1

    Thanks to such lecture nicely explained

  • @anshikagupta8125
    @anshikagupta8125 Před 2 lety +2

    Sir please provide consolidation ka bhi revision lecture ..your revision lectures are absolutely fantastic ..please Sir A category walo ke sabke revision videos de dijiye

  • @sandeepva6409
    @sandeepva6409 Před 2 lety +2

    Thanks bro

  • @PuneetKumar-gh9go
    @PuneetKumar-gh9go Před 5 měsíci +2

    Guys i am a qualified chartered accountants, only because of these two brothers.

  • @Exploring_Incredible_Bharat

    THANK YOU SIR

  • @SS5Suny
    @SS5Suny Před 2 lety +4

    Could you please provide the PDF of these revision videos.

  • @h.jyothi2708
    @h.jyothi2708 Před 10 měsíci

    Thank you so much sir. It was really helpful in revising the concepts.

  • @pratibhanishad8171
    @pratibhanishad8171 Před 11 dny +1

    I just have words to thank you, great work , well explained

  • @Yashkhandelwal08
    @Yashkhandelwal08 Před 9 měsíci

    I struggled with modification for lease for so long, but this clarity is very amazing, thank you so much. I've never seen someone explain something so conceptually so well.

  • @SHUBHAMSHARMA-pe4ig
    @SHUBHAMSHARMA-pe4ig Před rokem +1

    Sir, i m not being able to solve Case c modification question illustration 37 study mat... I m stucked after applying case b modification as per notes

  • @saloniagarwal2205
    @saloniagarwal2205 Před 8 měsíci

    1:00:14 Accounting in the books of lessor

  • @GauravGupta-gx7js
    @GauravGupta-gx7js Před rokem +1

    All the best bro. your way of explanation outstanding. even being a CA watching for Interview.

  • @bhagyashribapte517
    @bhagyashribapte517 Před rokem

    Thank you so much sir!!

  • @oceanjain00
    @oceanjain00 Před rokem +1

    Thank you so much sir

  • @riddhijain5785
    @riddhijain5785 Před 2 lety +2

    16:58 - Guaranteed Residual Value Concept

  • @jaisahni7283
    @jaisahni7283 Před 3 měsíci +1

    Great, lajawab, bindass, impressed 🙏

  • @Lee-Lya
    @Lee-Lya Před 5 měsíci +1

    Thank you so much 🙏🏻

  • @avarnasingh2824
    @avarnasingh2824 Před 2 měsíci +1

    Kbhi kbhi to mujhe lgta hai jis final ki pdhai k liye sb rote rehte hai wo mujhe itni easy kyu lg rhi fir yad ata hai ki Maine classes apse Li hai kyuki jis concept ko baki teachers ghuma ghuma kr itna bda bna dete hai ki lgta hai bhuttt tough hai wo ap itna easily smjha dete ho really we are soooooo blessed to have u❤❤

  • @aakashsingh606
    @aakashsingh606 Před 2 lety +9

    Super...se Superb
    Bestever FR Revision Video in CZcams..All Concept are covered with Concept Notes..Even self study students can also understand. ❤️❤️

  • @riddhibhatt5612
    @riddhibhatt5612 Před 9 měsíci +1

    You are my savage for fr sir... Thank you so much for this much efforts.. ❤

  • @deepakgarg7271
    @deepakgarg7271 Před 5 měsíci +2

    Radhe radhe sir 🙏🙏

  • @hvk99
    @hvk99 Před 2 měsíci +1

    Thank you so much Sir for such amazing revision videos 💯

  • @EchoverseEsports
    @EchoverseEsports Před 8 měsíci +1

    Love you sir maza agaya sab problems itne easy lagre hai ! ma kassam !!! BEST FACULTY FOR FR!!!!!

  • @togetherwithme2780
    @togetherwithme2780 Před rokem

    Shukrana

  • @jyotijaiswal3454
    @jyotijaiswal3454 Před 2 lety +1

    Superb gajab damakedar performance of your lecture no words to say... 😊😊☺

  • @yjgratitude5
    @yjgratitude5 Před rokem +1

    Thank you sir

  • @PoojaArcot
    @PoojaArcot Před 2 lety +3

    Sir, thank you..this is very helpful.. When can we expect the remaining lectures?

  • @rohitgajjala296
    @rohitgajjala296 Před 2 lety

    Sir, transition provison of IndAS 116 and covid 19 practical expedient are important for may 2022?

  • @yashmaheshwari2273
    @yashmaheshwari2273 Před 2 měsíci +1

    Sir the lectures are amazing they provide a great conceptual clarity even for the first reading thank you sir..... and god bless you

  • @VIJAYKumar-vn8wx
    @VIJAYKumar-vn8wx Před 2 lety +2

    Radhe radhe ❤️❤️❤️❤️

  • @santoshshrestha9939
    @santoshshrestha9939 Před rokem +1

    excellent faculty!! really very impressive!!

  • @akashsoni2469
    @akashsoni2469 Před 2 měsíci +2

    I love you Sir...... Kya padaate ho aap... Leases jesa chapter bahut easy lg rha he ab to..... Questions to easily solve ho rhe he. ....thanku sir ....🙏 May attempt ke baad milne ka moka jarur dena aap🙏pls...

  • @ayushgupta4245
    @ayushgupta4245 Před 2 lety +25

    Thank you for revision lectures 😊😊 please upload concept notes and ques bank 😌😇

    • @abhishekjain3434
      @abhishekjain3434 Před 2 lety +1

      Transition appraoch may 22 mai applicable rahega ??
      Covid 19 wala lease concession भी applicable hai kya ??

    • @amaresh6620
      @amaresh6620 Před 10 měsíci

      Question bank you need to buy.🙏

  • @Rak_08
    @Rak_08 Před rokem

    truly appreciate for efforts

  • @purviprajapati21
    @purviprajapati21 Před 9 měsíci

    Too amazing 🤩 sir ji
    Thanks a lot ❤
    Radhe Radhe 😊🙏📈

  • @ayushtiwari785
    @ayushtiwari785 Před 5 měsíci

    Thankyou Sir

  • @snehachanchlani8656
    @snehachanchlani8656 Před 2 lety +3

    mai first time pdh rahi hu ye chapter ek dumm aaaraam se dimaag mai beth rhaaa hai 😍😍
    Consistent rehne ki zarurat h pass toh aaraam se ho jaaye koi bhi inke lectures dekh k ❤️❤️

    • @snehaminajagi222
      @snehaminajagi222 Před 4 měsíci

      kya first time padh rhe inka revision+ books sufficient hai ya lectures lena h.. nov24 attempt

  • @karanheruwala
    @karanheruwala Před 2 lety +3

    8 marks secured!!!! thanks sir