Top Interview Questions for Senior Accountants | Key Questions on IFRS 9.

Top Interview Questions for Senior Accountants | Key Questions on IFRS 9.
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[@akkigames778]

Excelleeeeeeeeeeeent sir ... explanation at its very best... Superb ❤

[@connectedstuff4342]

It is correct, you have to clac interest with ,the rate at which you have given loan to employees, and you need to pull them with current market interest rate ,

[@mihirmehta9279]

Very very helpful video..thnk u sir

[@hassan-zz2wp]

keep up the good work

[@IBATraining]

Any questions, related to IFRS, please write in the comment section.

[@searchfortruth6889]

how did u calculat fair value, if you can explain the idea behind this formula

[@theoblanca1062]

If company is giving Advance to employees, By any chance above calculation applicable?

[@prashantjain8981]

👌

[@samirkumarranjan8347]

Sir Amortization kis head me jayega

[@painthamizhselvan3241]

Employee Benefit Expenses

[@soumyapandey_37]

Doesn't look right..how come loan repayment (with int) is less than 6lacs in any case

[@KunalJJwala]

Loan repayment with interest is not less than 6 lacs. Add all the Bank Dr entries. It will come to 6.72 lacs. 6.72 lacs rupees has inflow to company while it gave away 6 lacs.

[@KunalJJwala]

However instead of booking interest at Cash basis at lower rate @4% = 24000 on SLM basis per year, IFRS helps curb tax evasion by booking it at Market Rate of 10% on a opposite of WDV method each year. Helps to unwind the Loan amount to full repayment principal on period end. Refer IND AS 109 detailed document for reference