AS 5 in ENGLISH - Net P/L for the Period, Prior Period Items & Changes in Accounting Policies

#as5 #advanceaccounts #accountingstandard #cainter
AS 5 Net Profit or Loss for the Period, Prior Period Items and Changes in Accounting Policies in ENGLISH || ADVANCE ACCOUNTS
All Concepts+ sums Covered Under 40mins!
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[@MyFeelings5]

No words in the world to appreciate for yourself mam. ❤❤❤❤❤❤

[@haifa4398]

extraordinary class,appreciate for effort and expecting more classes like this

[@mrpd5545]

great video maam. really appreciate your efforts.
but the last video on as 4 , there were a lot of interruptions in between.
if possible please rectify it as a student who sees that video first would skip the entire playlist.
thank you so much mam, may god bless you a lot.

[@sarcasticbee1300]

truely best and most simplified video of AS-5😍😍😍😍

[@omkarreddy2182]

Madem i dont know why you are teaching and notes are awesome within short time ,but subscribers is low, keep doing videos it's very much useful madem thank ❤❤❤❤❤❤❤❤❤❤ so much mam

[@BhavanasOnlineAcademy]

Thank you, I will

[@sarthaksrthkyoutu100]

EOI 3:00 not common regular
Govt grant refund
PPI 10:20 rectification error/omission
Change of depreciation rate

[@eswarkarnati]

will this helpful for may 24 attempt without any changes

[@SHADOWefootball]

Great teaching of all time ❤❤❤

[@saikrishna-gc6ey]

Very helpful to me this particular time tq so much madam

[@BhavanasOnlineAcademy]

You're welcome!

[@kunalh2174]

Explained very well
Thanks..

[@BhavanasOnlineAcademy]

You're welcome

[@rahulfreeprime2046]

Mam please sing your voice is cute you could probably earn more by singing

[@Loveyourvibzz]

😂😂

[@atharvajhanwar]

😂

[@sasukeuchiha-bp3jp]

Sala simp

[@MyFeelings5]

❤

[@ashika1538]

Ur classes are really amazing😇 mam.... Tq mam😊😊😊

[@BhavanasOnlineAcademy]

Thank you!

[@ameetopiwala7255]

Thank you mam for the amazing explanation 😊

[@abhaychowdhary746]

Thank you so much ma'am

[@sakethkonakalla6249]

Superb teaching madam 👏

[@alwaysfightback5568]

Superb classs🔥🔥🔥🔥🔥🥰

[@vanithagowda5040]

Thank you mam😊

[@aleenadavid6139]

Thank you mam❤
Understood the concept very well.

[@mounikagurram7287]

Tq so much

[@jagapathi971]

Mam in question no 2 written down of inventory to nrv is an exceptional item.

[@surbhipundir5174]

Thanks mam...very nice video

[@BhavanasOnlineAcademy]

Thank you!

[@seeker33]

@@BhavanasOnlineAcademy dear mam i have raised a doubt in the comment section......if possible please clarify 🙏🙏.....

[@hemchandvydarsu8567]

mam thanks a lot for such detailed explanation but i have doubt regarding the event of theft which you considered as extraordinary item whereas the same is considered as a ordinary item and exceptional item in ordinary in the book of ravikanth miriyala's accounting standards . can you pls clarify this mam

[@hanniballector4205]

It is an extraordinary item only

[@lekhna_]

Akka u r ossum !!!😂 😅

[@rahulsingh-ol3bb]

Nice exploration

[@priyadarshini2364]

Thank you mam

[@shaheedkkj4043]

Good explanation, Thank you mam

[@BhavanasOnlineAcademy]

Thank you!

[@Swati671]

Thnkuu So much Ma'am ❤🙏

[@Sanjuclasses_HR60]

maam changes in depreciation policy , is a changes in accounting policy or chages in accountung estimates

[@basmeenm1476]

Change n depreciation policy is change in accounting estimate but whereas if asset should be on historical cost or revaluation method or whether to depreciate or not is accounting policies related.

[@pallavimn3103]

Thank you soo much mam❤️

[@yuvanprakashs3662]

Thankyou Mam 🙌💥

[@_PorchelvanS]

very informative video maam !!!1

[@ibrahimabdulla7734]

Mam pls explain theChanges in depreciation method is considered as changes in estimate or changes in accounting policies?

[@kunal1406]

Change in estimates

[@seeker33]

I have a small doubt......@30:30 question no : 4. It has been stated that the same stock has been included twice which means the stock has been over valued in the year 2019 and they found this error in the year 2020, so to rectify this they are reducing from the profit of the year 2020 by disclosing seperately as prior period items......
My question is the cost of the stock has been overvalued and why are they reducing it from profit.... wouldn't the overvalued cost be added with profit in order to know the original profit......
if anyone knows please clarify 🙏🙏

[@melophileme1271]

In profit and loss change in stock will be there to calculate the exact value of cost of goods sold so if reducing it in p and l also

[@hanniballector4205]

How are you doing CA bro? What kind of question is this?
If they overvalue closing stock on the right hand side, the balancing figure of gross profit would have increased on the left hand side.

[@seeker33]

@@hanniballector4205 Ah I got it.....i confused closing stock with opening stock.....
I wrongly assumed stock as on 31st March as opening stock of the year 2019.....
Thank you for your clarification and by the way I'm doing my CA pretty well....and what kind of question....yeah it is a genuine question......I find nothing wrong in asking a genuine question and I don't hesitate to rectify my mistakes and errors when found.....

[@sushantkautkar7694]

Nice lectures mam thanks

[@BhavanasOnlineAcademy]

Thank you.

[@mohinigour450]

All concept are explained very well mam

[@BhavanasOnlineAcademy]

Thank you

[@silpageorge1172]

Maam requesting you to make a video on AS 24

[@creativeperson5217]

Thank you sister

[@bhdjnnkkjdnjsn68638]

Ma'am , I request u to make vedios lectures on AS 29 and 24

[@thoughtsinmind_03]

It's applicable same for may 24 examination?

[@BhavanasOnlineAcademy]

Yes

[@Npcreation8333]

Changes in depreciation is not a accounting policy it was a accounting estimate mam - new update

[@sangitamodi1059]

Amazing🎉🎉🎉🎉🎉🎉🎉🎉

[@shanmugapriya14]

MAM what is material change?

[@kunhippaabdul685]

👍

[@gudipatijayanth7028]

Didnt cover exceptional items…

[@bhdjnnkkjdnjsn68638]

maam i request u to make vedios on AS29 and AS 22

[@loshini3178]

Good explanation. Pls post AS-2

[@BhavanasOnlineAcademy]

Thanks sure!

[@ganpathraj1698]

Nice

[@BhavanasOnlineAcademy]

Thanks

[@rushivardhan5063]

Madam please make videos on consolidation and amalgamation for may 2024 attempt

[@BhavanasOnlineAcademy]

Coming soon

[@thippeswamygluckyboy5521]

mam can share pdf about this class ?

[@mohinigour450]

Please mam make a video on AS - 29

[@BhavanasOnlineAcademy]

Sure soon!

[@vishnupriyag8161]

Where we can find notes for as

[@the_manchala0127]

Telegram

[@HeartBrokenKid05]

Whole part is 10/10.
But 16:40 is 100/10😂

[@lavanyakandakatla8741]

Tq so much

[@maazmirza7049]

Thank you mam😊😊

[@laljivarma8917]

Thank u mam

[@BhavanasOnlineAcademy]

Welcome!