Ind As 101 - First Time Adoption of Ind As | Detailed Concepts with ICAI Questions | Pratik Jagati

Поділитися
Вставка
  • Опубліковано 16 гру 2024

КОМЕНТАРІ • 232

  • @minions_sha
    @minions_sha Рік тому +210

    Recap of important points: 29:26
    illustration 15: 38:40
    illustration 16:-
    Govt Grant: 1:09:27 (recap: 1:22:01)
    ESOP Reserve: 1:32:14 (Recap: 1:36:10)
    PPE: 1:44:35
    Invest in subsy, JV, Asso: 1:49:52
    Joint Arrangement: 1:54:34 (recap: 2:00:48)
    Cumulative translation difference: 2:01:21 (recap: 2:08:11), question : 2:08:38
    Long Term Foreign Currency Monetary Item: 2:10:00, question: 2:24:34
    Estimates: 2:33:44 (recap: 2:37:34)
    Business Combination: 2:38:46
    NCI: 2:51:56
    illustration 16 (remaining part): 2:59:49 (recap: 3:14:14)
    illustration 17: 3:31:20 (recap: 4:07:11)
    Question 6(TYK): 4:11:30
    Question 5(TYK): 4:24:32 (recap: 4:43:44)

  • @satyanarayanareddy4243
    @satyanarayanareddy4243 Рік тому +24

    Illustration 15 ( Classification & Measurement of FA / Fl ) - 38:48
    Government Loans - 56:41
    Share Based Payment Transactions - 1:23:47
    Deemed cost for PPE , IA - 1:40:01
    Investment in Subsidiaries and Joint Ventures - 1:49:54
    Cumulative translation Difference - 2:01:24
    Business Combination - 2:38:50
    Illustration 16 (H Ltd ) - 2:59:53
    Illustration 17 ( Shaurya Ltd ) - 3:31:15
    Mathur India Q 6 - 4:11:20
    XYZ Pvt Ltd Q 5 - 4:24:27

  • @shrutijain_
    @shrutijain_ Рік тому +56

    AIR1CA QB
    Q2 38:46
    Q5 2:59:57
    Q6 3:31:37 (Revise 4:7:15)
    Q8 4:11:20
    Q4 4:24:27

  • @nehajoshi9281
    @nehajoshi9281 Рік тому +17

    Bhagwan ho aap guru ji hum bachcho ke liye... aapke classes ki vajah se and UA-cam support ki vajah se mene 1st grup clear kiya hai.. aapki koi bhi class kitni bhi hours kyu na ho bilkul bhi boring nahi lagti hai.. aisa lagta hai abhi challaya abhi khatam.. bhut interest aata hai padhai krne me jaise money heist webseries dekhne me aata hai.. bilkul thakan nahi Lagti hai class ke baad.. hifi language use nahi hoti hai lecture me bilkul simple words me aap samja dete ho.
    SIR TUSSI GREAT HO..

  • @PS-792
    @PS-792 Рік тому +58

    What a teacher you are.
    If teachers like you had not stepped up and thought of helping students also in some way or the other, students would have paid 15k or above fees for 100+ lectures, otherwise would have to learn on their own.
    Some teachers just focus on making money. Practice wala dimaag hai. Itne hours de rhe to itna charge krenge.
    But young teachers including you are helping and contributing in ca fraternity in real way.
    Students will get knowledgeable when they are gonna work in the industry and will remember you.

    • @kamalbisht1914
      @kamalbisht1914 5 місяців тому +1

      Yes, I have taken classes from PJ and at the exam time watching his lectures to understand the concept

  • @jaisharma5671
    @jaisharma5671 Місяць тому +1

    38:48-55:07 ILLUS-15 ( 17 MIN)
    1:00:34-1:18:25- GOVT GRANT (18 MIN)
    1:32:18-1:39:40 (ESOP) (7 MIN)
    1:44:34-1:49:22 (PPE,IA,IP,ROU) (5 MIN)
    2:08:54-2:09:54 (CUMMALATIVE TRANSITION DIFF) (1MIN)
    Long Term Foreign Currency Monetary Item: 2:24:38-2:33:21 (9 MIN)
    ILLUST -16 : 3:00:10-3:12:00 (12 MIN)
    ILLUST -17 : 3:31:36 -3:55:16 (25 MIN)

  • @ashishchoudhary3810
    @ashishchoudhary3810 Рік тому +6

    400 hrs ka class leke jitna faida nhi hua ,,,jitna aapka question solving video se ho raha hai...thanks sir

  • @varadkulkarni6303
    @varadkulkarni6303 Рік тому +34

    You know how popular CA Pratik Jagati is?
    Every person who is sitting in the library right now and doing FR, SFM is referring to CA Pratik Jagati. 🙏

    • @pesgolazoo4521
      @pesgolazoo4521 7 місяців тому

      Bro i am literally sitting in library now😀

  • @smitshah9890
    @smitshah9890 Рік тому +24

    I was thinking to left 101 but after this lecture i am confident that I can solve any question of 101
    Thank you so much sir 🙏

  • @afrinn_khann
    @afrinn_khann Рік тому +7

    38:40 illustration 15
    3:00:00 illustration 16 (imp)
    3:31:00 illustration 17

  • @shivamrai374
    @shivamrai374 Рік тому +125

    The world will remember a legend called CA Pratik Jagati....

  • @kushalagarwal7821
    @kushalagarwal7821 Рік тому +2

    1:09:27 illus 16 VAT loan
    1:32:35 illus 16 SBP
    1:44:00 illus 16 ppe
    2:09:06 illus 16 FCTR

  • @PritiModiKejriwal
    @PritiModiKejriwal Рік тому +7

    You have explained it really well. Being a CA myself, a few concepts were cleared superbly. Kudos to you.

  • @GOLDENSUNRISE-e8n
    @GOLDENSUNRISE-e8n 9 місяців тому +2

    38:52 2
    1:9:28 5 extract❤
    1:59:15 JV IMP❤
    2:10:00 LTFCMT💚💚
    2:59:09 resume😊
    I did this ind AS for 1 st time .... Sir ke rivision video me hi sabkuchsamajh aajata hai.... sir maine ek bahut badi faculty se class li thi.... But mai regret krti hu k tb maine aapki class kyu nhi li.... Kher i want to thank you for your constant efforts for the students.... Mera 109,110,103 AND not 101 aap hi ne strong kraya hai ....jaha b dount hota hai aap hi yaad aate hain.... Thank you so much for everything. Aapne kaafi time se video nhi daali thi....miss kr rhe the sab bache ...kl soch hi rhi thi....nd tabhi aapka notification aaya telegram pr.... Bahut happy hu.... thankypu so much to you ....best teacher ❤ l🙏

  • @capankajagrawal
    @capankajagrawal 9 місяців тому +2

    Hello Sir
    Myself CA Pankaj Agrawal Jan 2018 passout.
    If I found you before I would Pass CA in First attempt. Salute to your Teaching style

  • @harshtripathi3318
    @harshtripathi3318 2 місяці тому

    सर आप द्रोणाचार्य हो जिसके अनगिनत एकलव्य हैं आप हमें नहीं जानते पर हम सब आपको जानते हैं आपके ही क्लासेज देख कर ही अभ्यास करे हैं ❤

  • @nehajoshi9281
    @nehajoshi9281 Рік тому +13

    We respect you sir. 🙏

  • @aditisinkar1305
    @aditisinkar1305 Рік тому +5

    🙏Best lecture ever on IND AS 101 ☺100% clear explanation 🙏🥺

  • @RaviSharma-fz8fl
    @RaviSharma-fz8fl Рік тому +4

    While watching this video Mann krta hai 3 -4 baar video like kr du
    Thanks a lot sir

  • @sachinjindal713
    @sachinjindal713 Рік тому +3

    Today First time I try to touch this SA First time adoption. Easily udopted only because of you... Ye to paani hai yaar sach mai....❤

  • @NamanJain_0312
    @NamanJain_0312 3 місяці тому +1

    Sir, really you are an incredible support !
    I saw this IndAS earlier, and thought almost of leaving it kyunki sab upr se jaraha tha, you can make anything like a cakewalk.
    Wherever I find myself in a difficulty, I have an assurance ki Pratik sir ka video rhega hi is pr.
    Thank you so much Sir, obliged !

  • @urmithakkar6634
    @urmithakkar6634 Рік тому +1

    Thank you so much done done done.. Aisi koi chiz nhi aap smjao or hume smj na aaye it is wonderful lecture covering all aspects.. Shukriya guruji 😇😇
    Bhole baba aapko har khushi de.

  • @minibulltrader75
    @minibulltrader75 Рік тому +3

    I have never seen this kind of clean explanation ❤❤❤

  • @sudevms6802
    @sudevms6802 5 місяців тому +1

    Summary
    1.Govt Loan
    - If no past data is given then take old AS value as value as per books and subsequently charge EIR and arrive at repayment value of loan
    - If past data is given give retrospective treatment as per IND AS 20 Government Grant. Remember to classify Govt Grant as Current and Non Current Component
    2.SBPR
    - If the option vested before "Transition Date" then old AS value can be taken
    - If the option vested after "Transition Date" then IND AS 102 needs to be complied. (Compulsorily).

  • @cashivaniagarwal124
    @cashivaniagarwal124 Рік тому +2

    Your teaching gives satisfaction of learning..Thanks a ton Sir🙌

  • @vaishnavi9319
    @vaishnavi9319 8 місяців тому

    Sir aap chamatkar ho..sachhi batao ye IND as sare aapne frame kiye haii na..itna understanding kaise yarr❤

  • @pranitaphadnis
    @pranitaphadnis Рік тому

    Sir pehli baar iss Ind As ko kiya hai and itna amazing way mei aapne samjhaya hai! Aap bohot great ho! thank you for all your efforts and timely videos. Aapke wajahse and bhole baba ki kripa se pakka exemption milega iss baar! Thank you so much!!!

  • @kumarpradip1635
    @kumarpradip1635 Рік тому +1

    Way of teaching & IND As explanation is wonderful 😮❤ ❤

  • @bestcritic4957
    @bestcritic4957 Рік тому +1

    Love you more sir❤❤❤
    More power to you
    Stay blessed and continue to lit the lives of millions of students😊😊😊
    Salaam Pratik Bhaai🫡🫡🫡

  • @CA_Aashi
    @CA_Aashi Рік тому +4

    Sir thank you is just a small word for ur efforts.

  • @ankitagarwal34
    @ankitagarwal34 Рік тому +4

    Respect level 1000/100 🙏

  • @cauditsingh
    @cauditsingh Рік тому +3

    Everyone is the gangster until pratik sir arrives 😎

  • @arunsaxena634
    @arunsaxena634 Рік тому

    Pahli bar pada ha ye ind as maza aa gya
    Class bhi nahi le thi
    Thank you so much sir

  • @meetdevpura1077
    @meetdevpura1077 Рік тому +7

    Record meh check krke dekhle .. Insaan Ya Bhagwan 🕊❤️

  • @nishamahato2179
    @nishamahato2179 Місяць тому

    Thank you, sir, for everything you have done and continue to do. Your efforts are truly appreciated.

  • @aayushjaiswal1636
    @aayushjaiswal1636 Рік тому

    SIR AP BHOUT ACHA KAM KAR RAHE HO SIR DIL SE THANKYOU SIR APKE SUPPORT KE LIYA. SIR AP KO AND APKI FAMILY BHAGWAN JI ACHI HEALTH AND DHEER SARI KHUSIYA DE..🙏🙏🙏 LOVE U SIR..❤

  • @Connect2Commerce
    @Connect2Commerce 3 місяці тому

    You are fabulous sir.... can't imagine that such tough topic could be understood with such easy way😮😮💪

  • @SanchitArora-r2k
    @SanchitArora-r2k Рік тому +1

    Thank you so much
    You have driven out my biggest fear in FR

  • @vigyabhatnagar7817
    @vigyabhatnagar7817 Рік тому +2

    Reading first time adoption for the first time😅😅 because it is now important for may 23

  • @lei___
    @lei___ Рік тому

    1:49:50 investment in subsy

  • @09PAVAN
    @09PAVAN Рік тому

    Aaap best ho sir... Ek hi Dil ❤ kitne baar ji...

  • @navymittal7679
    @navymittal7679 Рік тому

    Best conceptual Clarity Sir 🙏🏻 Very helpful

  • @garimajain03
    @garimajain03 8 місяців тому

    2:45:12 Illustration 5 = Same as Nov 23 Q

  • @tejashwarimiryala432
    @tejashwarimiryala432 Рік тому +1

    Thank you so much sir for your valuable time spending for us😊😊. Best teaching ❤

  • @priyamshah8424
    @priyamshah8424 Рік тому +13

    Aap ki wajase me grp1 clear karpaya with 50 in FR and 72 in SFM in last attempt
    You are a real Savior !❤

    • @rushikeshgondkar2438
      @rushikeshgondkar2438 Рік тому

      bhai sir ki class recommend karoge for FR ?

    • @Dms9911
      @Dms9911 Рік тому

      @@rushikeshgondkar2438 100% go for it...fast track and regular dono acha hai

    • @Himanshukumar-to8dy
      @Himanshukumar-to8dy Рік тому

      Sir ki presentations se present kr skte hai na answer in exam.??

    • @priyamshah8424
      @priyamshah8424 Рік тому +1

      @@Himanshukumar-to8dy bilkul kar sakte hai
      The biggest task is to complete the paper
      Sir ki presentation se you will save a lot of time
      You will get marks if the answer matches with that of ICAI

    • @Himanshukumar-to8dy
      @Himanshukumar-to8dy Рік тому

      @@priyamshah8424 ok thnks

  • @varshakharya3794
    @varshakharya3794 Рік тому

    Recap -
    Ill 15 - #54:13
    eg - #1:21:42

  • @jyotimaklohe1479
    @jyotimaklohe1479 Рік тому

    Thank you sir video👌🏻mai bhot ache se samjaya🙏🏻🙏🏻

  • @musical_songs_for_u
    @musical_songs_for_u 9 місяців тому

    Thank u sir for such a beautiful and simple explanation. ❤😊

  • @nb94
    @nb94 Рік тому

    Thank you so much sir...aap hmesha Bina kahe hi hmare dil ka hal Jan jate ho aur us topic ka video aa jata hai jo chihe hota hai ... thank you sir dil se ❤️

  • @sumaiyasajid9372
    @sumaiyasajid9372 Рік тому

    3:17:00 Ills 16 balance sheet

  • @rashugupta8656
    @rashugupta8656 Місяць тому

    Long term borrowing 3:51:00

  • @monalisha2953
    @monalisha2953 8 місяців тому

    Thank you soo much sir for all your efforts you are putting for us its a great help....May god give you more and more success in your life.🤗🤗🤗

  • @Niteshgoyal23
    @Niteshgoyal23 7 місяців тому +1

    Amazing lecture sir ji

  • @rutwiksawant342
    @rutwiksawant342 Рік тому

    Bawal cheez hai be ❤
    Thank you sir

  • @madhusudanmundhra9175
    @madhusudanmundhra9175 Рік тому +1

    Very helpful 👌
    Thanks alot sir 🙏

  • @aratinanaware2800
    @aratinanaware2800 2 місяці тому

    Thank you so much for this revision 😊most needed 😅

  • @reshuka__
    @reshuka__ Рік тому

    Thanku is not enough for your efforts sir.....🙌🙌🙌

  • @rajjayswal8375
    @rajjayswal8375 7 місяців тому

    Undoubtedly best faculty for FR

  • @jyotikanchan9031
    @jyotikanchan9031 Рік тому +1

    Thankyou so much sir. It was really needed 😅😅😅😅

  • @arpansood3297
    @arpansood3297 Рік тому +1

    Much needed thank you so much sir ❤

  • @priyavaishya2645
    @priyavaishya2645 7 місяців тому

    This is Regular lecture not revision lecture😅
    Thanks a lot sir❤

  • @sravani6890
    @sravani6890 7 місяців тому +1

    Excellent lecture

  • @harendrasrivastava7932
    @harendrasrivastava7932 Рік тому +2

    We will always owed to u sir...

  • @lifetuber4316
    @lifetuber4316 Рік тому +10

    Thanks a lot sir ❤️
    .
    ICAI : I will ask questions from Ind As-101 in exam for 16 marks 👻
    Me: Death stare to icai in exam after watching this class as kohli gives to sourav ganguly 😂

    • @FinalKickByCAPratikJagati
      @FinalKickByCAPratikJagati  Рік тому +3

      Haha 😂

    • @lifetuber4316
      @lifetuber4316 Рік тому +3

      @@FinalKickByCAPratikJagati Bus aise hi bacho pe kirpa bnaye rakhe sir ❣️
      .
      CA banne ke bad apse milne jrur aayunga ❤️

  • @someshrasane4563
    @someshrasane4563 2 місяці тому

    excellent lecture sir....Thnak u so much

  • @tilakbhatk
    @tilakbhatk 11 місяців тому

    Thank you sir! This was really helpful.😍

  • @divyapandey9781
    @divyapandey9781 Рік тому +11

    Yesterday i was searching for your video on IND AS-101 And see, you are uploading it today☺️
    Words are not enough to thank u… but still a big thanks to u sir🙏🏻❤️ aap na hote to kyaa hota hmra✨✨
    Naa jaane ye CA ki naiya🛶 kaise paar hotii😅

    • @PS-792
      @PS-792 Рік тому +1

      Please think of more ind as by pratik jagati sir😂🤪

    • @deepakjangir2643
      @deepakjangir2643 Рік тому

      To ho gyi thi kya tumri ca ki naiya par

  • @siddhrajmahurkar1566
    @siddhrajmahurkar1566 Рік тому

    4:07:13 shaurya

  • @_Payal_Sharma_
    @_Payal_Sharma_ 2 місяці тому

    Thank you so much sir for your efforts🎉❤

  • @NehaPrajapati-gm4cs
    @NehaPrajapati-gm4cs 8 місяців тому +1

    Thank you so much 🥹💫❤️you r the light of hope in darkness ❤❤👏❤️💫🥹thanks

  • @pratik6342
    @pratik6342 Рік тому +7

    In my entire CA life, I have loved and admired only 2 people, one is Parveen Sharma, and second is YOU. Both are entirely dedicated to make students understand things as they are. Your revision videos give so much clarity than other faculities' full lectures. Your balance sheet approach is awesome plus your honesty, genuinenes, selflessness is gold.

    • @FinalKickByCAPratikJagati
      @FinalKickByCAPratikJagati  Рік тому

      Thanks 😊

    • @SojaaBro
      @SojaaBro Рік тому

      Bro Which Faculty should consider for Final FR parveen sharma or Partik Sir ?

    • @pratik6342
      @pratik6342 Рік тому

      @@SojaaBro Both are equally good!!

    • @faizahmed588
      @faizahmed588 Рік тому +3

      @@SojaaBro if both are equally good then go for pratik sir, he's giving that level of quality at just half a price.

  • @nehabohra26
    @nehabohra26 Рік тому +1

    Thanku brother ❤️❤️

  • @rith6936
    @rith6936 Рік тому

    Thankyou sir. You are awesme.

  • @pratikkitty2518
    @pratikkitty2518 Рік тому

    Thank you soooooo much.............for this video, it helped me lot

  • @ayushdhote8530
    @ayushdhote8530 10 місяців тому +1

    Some teachers just focus on making money. Practice wala dimaag hai. Itne hours de rhe to itna charge krenge.
    But young teachers including you are helping and contributing in ca fraternity in real way.
    Students will get knowledgeable when they are gonna work in the industry and will remember you. thank you so much sir

  • @faizahmed588
    @faizahmed588 Рік тому +1

    business combo recap 2:50:00
    ill17 recap 4:07:00

  • @darshanmodi4129
    @darshanmodi4129 Рік тому

    Sir is mankind's angel

  • @gauravtripathi1919
    @gauravtripathi1919 Рік тому

    00:22:00 recog has to be as per indas not as

  • @nikhileshgiri6521
    @nikhileshgiri6521 Рік тому

    Illustration12 2:31:20

  • @stephyissac8280
    @stephyissac8280 Рік тому

    101 made easy!! thanks a lot sir!

  • @WanderingCASA
    @WanderingCASA Рік тому +2

    King Jagati 💯👑

  • @falgunivyas5419
    @falgunivyas5419 4 місяці тому

    Sir you are superb..thanks

  • @abhishekkk_c
    @abhishekkk_c 2 місяці тому

    God is great🙏🏼❤️

  • @jatinsingla8152
    @jatinsingla8152 Рік тому +1

    3:00:11 my reference ignore....

  • @ydev4554
    @ydev4554 Рік тому

    1:40:00 ppe

  • @gsateesh1180
    @gsateesh1180 Годину тому

    Hi sir
    One clarification
    you did not classify retrospective applications into 1. Mandatory and 2. Optional exemptions

  • @lucky_800
    @lucky_800 8 місяців тому

    Govt loan 56:41

  • @sunilbiswal04
    @sunilbiswal04 Рік тому

    Start 01:40

  • @Sharma27400
    @Sharma27400 Рік тому

    Jaise humne financial instruments waala sum solve kiyaa Illustration 15 toh kya humein previous GAAP ke treatments bhi pata hone chahiye?? Yaa carrying value as per previous GAAP Diyaa hua hoga??

  • @Saritachar
    @Saritachar Рік тому +1

    2:12:33

  • @juleekumari9851
    @juleekumari9851 Рік тому

    Thanks sir for revision classes

  • @Sassylets
    @Sassylets 9 місяців тому

    Thankyou so much for this video

  • @aishwaryajain9009
    @aishwaryajain9009 Рік тому

    Sir you are the bestest bestest best teacher 😇 A huge respect for you sir and for your teaching ♥️♥️

  • @anisdavda4667
    @anisdavda4667 6 місяців тому

    Wonderful sir ❤

  • @caharshitagarwal
    @caharshitagarwal Рік тому

    sir, ill-15 mai c.y. ki opg. b/s mai entry kar rahe hai, previous yr ki b/s ke opening fig. ko restate nahi karege??

  • @1pratik_patel
    @1pratik_patel 10 місяців тому

    Insightful 😇

  • @AmeyRishiTijarey
    @AmeyRishiTijarey Рік тому +1

    The man The myth The legend
    That's CA Pratik jagati for you

  • @HarshGupta-ew8dx
    @HarshGupta-ew8dx 4 місяці тому

    3:31:23 refer this only.

  • @mohdayazkhan4384
    @mohdayazkhan4384 Рік тому

    Thank you so much sir😊

  • @balwantsinghchandrawat9562
    @balwantsinghchandrawat9562 Рік тому

    Amazing video sir 👌