Applicability of Indian AS and its Framework.

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  • Опубліковано 4 гру 2024

КОМЕНТАРІ • 88

  • @sarathna8456
    @sarathna8456 2 роки тому +1

    Thank you Swati. Your explanation has great clarity and is easily understandable. Once again thank you so much.

    • @caswatigupta
      @caswatigupta  2 роки тому

      Welcome Sarath😇
      For notes👇
      rb.gy/xhncjt

  • @manojtanwar2580
    @manojtanwar2580 3 роки тому +3

    The way of explaining was excellent!

  • @adarshpanchal247
    @adarshpanchal247 Рік тому +1

    Thanks you so much ma'am... Nice explain.🙏🙏😊

    • @caswatigupta
      @caswatigupta  Рік тому

      Most welcome 😊
      For more content download the app ⤵️
      play.google.com/store/apps/details?id=co.stan.hsggo

  • @rishabhsurana332
    @rishabhsurana332 3 роки тому +2

    Great explanation. Simple and easily understandable

  • @ChoudharyKD0
    @ChoudharyKD0 2 роки тому +1

    What a teaching, Thank you so much!!😊

  • @adityasathe3103
    @adityasathe3103 2 роки тому +1

    very helpful..thank you! keep going!!!

  • @vishakhajain2181
    @vishakhajain2181 3 роки тому +1

    Company incorporated in FY 2021 has to maintain books as per IndAS or AS

    • @caswatigupta
      @caswatigupta  3 роки тому +1

      If it is listed company
      or
      unlisted having net worth more than 250 crore, then it has to mandatorily apply Ind AS
      Otherwise apply AS

  • @harishmohata78
    @harishmohata78 3 роки тому +1

    Waah... Really like ur Video ..thanks Mam

    • @caswatigupta
      @caswatigupta  3 роки тому

      Happy to know that it is helping people.
      Thank you so much Harish ☺️

  • @tulsisoni472
    @tulsisoni472 2 роки тому +1

    Listed company??

  • @jairathore1850
    @jairathore1850 3 місяці тому +1

    ind as not applicable on insurance co. at present

  • @vishalsakharkar1734
    @vishalsakharkar1734 3 роки тому +1

    Very useful ....swati ji. well did.

  • @mdmillionaire4648
    @mdmillionaire4648 3 роки тому +1

    As, Indi AS is really required to learn to be a successful accountant....?

    • @caswatigupta
      @caswatigupta  3 роки тому

      It helps you in dealing with financials of big companies with quite high net worth
      For general accounting, knowledge of basic AS is enough.

  • @surbhiagrawal309
    @surbhiagrawal309 4 роки тому +3

    Very nicely explained👍🏽

  • @BravoGAO
    @BravoGAO 3 роки тому +1

    Thanks for this video

  • @kiran_roch
    @kiran_roch 3 роки тому +1

    It was so helpful.. thanks a lot for the effort.

  • @breakerritik
    @breakerritik 2 роки тому +1

    Does unlisted companies include pvt ltd companies as well?

    • @caswatigupta
      @caswatigupta  2 роки тому +1

      Yes Ritik

    • @breakerritik
      @breakerritik 2 роки тому +1

      Thank you so much ma'am

    • @caswatigupta
      @caswatigupta  2 роки тому

      Welcome Ritik 🤗

    • @caswatigupta
      @caswatigupta  2 роки тому

      To chat with CA Swati Gupta:
      Download app: (get queries resolved) on-app.in/app/home?orgCode=hsggo&referrer=

  • @deepeshgarg4187
    @deepeshgarg4187 4 роки тому +3

    Great work di👍

  • @tre.ndconcept
    @tre.ndconcept 3 роки тому +1

    Hey swati thanks for the information.
    But can you please tell me that IndAs is applicable on special act complain like NHAI( National highway authority of India) ??

    • @caswatigupta
      @caswatigupta  3 роки тому +1

      Hi Varsha!
      Yes it is applicable on entities that are setup as an autonomous agency of Government.
      But in particular, you have to check the net worth criteria in same manner as for other companies.

    • @tre.ndconcept
      @tre.ndconcept 3 роки тому

      @@caswatigupta okay thank you 😊

  • @harsha7677
    @harsha7677 Рік тому +1

    Thanks for sharing

  • @143kunnuv
    @143kunnuv 3 роки тому +1

    Thank you Swati for providing in depth info..if possible could you please post series of videos on all Ind AS.

    • @caswatigupta
      @caswatigupta  3 роки тому +1

      Hi Kunal !!
      Yes for sure😊
      The whole series of Videos on Ind AS is planned.

  • @rashmigupta9887
    @rashmigupta9887 3 роки тому +2

    Thanks

  • @naeemmohd818
    @naeemmohd818 3 роки тому +1

    If turnover is less than 500 crore in case of first case than what to do??

    • @caswatigupta
      @caswatigupta  3 роки тому

      In case of mandatory phase 1 which was effective from 1st April 2016
      Ind AS is not applicable on the company having net worth lower than 500 crore rupees for FY 2016-17
      For upcoming each year one has check the applicability of Ind AS.
      I hope this solves your doubt.
      Let me know.

  • @md.khasim313
    @md.khasim313 2 роки тому +1

    Very useful Thank you!

  • @sg07333
    @sg07333 3 роки тому +3

    Nicely explained

  • @RealTransformation
    @RealTransformation 4 роки тому +2

    Perfect 👌👌👌👌👌

  • @nikhilsetia3693
    @nikhilsetia3693 3 роки тому +1

    Can you mention the names of few company who are following

    • @caswatigupta
      @caswatigupta  3 роки тому +1

      Wipro, Infosys Technologies and NIIT, automakers like Mahindra & Mahindra and Tata Motors, textile companies like Bombay Dyeing and pharma firm Dr Reddys Laboratories

  • @gchirag96
    @gchirag96 3 роки тому +2

    Dear mam, can you please explain about banks?

    • @caswatigupta
      @caswatigupta  3 роки тому +2

      Yes for sure!

    • @caswatigupta
      @caswatigupta  3 роки тому +2

      The Application of Ind AS on the banks will be applicable from a certain date, but that date is not yet announced.
      I hope this solves your doubt.😊

    • @gchirag96
      @gchirag96 3 роки тому +1

      @@caswatigupta Thanks alot mam

    • @gchirag96
      @gchirag96 3 роки тому +1

      Do you have any telegram group or WhatsApp group where I can post all the questions related to Ind as?

    • @caswatigupta
      @caswatigupta  3 роки тому

      @@gchirag96 I have my Instagram page
      instagram.com/stay_ahead_with_swati?igshid=8g3iku5t97rt
      You may DM over there

  • @nitinshinde482
    @nitinshinde482 3 роки тому +1

    Hi,
    How about the application of ind as to mutual fund companies?

    • @caswatigupta
      @caswatigupta  3 роки тому +1

      Hey Nitin
      The Ind AS is applicable on mutual fund company if it gets covered by net worth rule.

    • @nitinshinde482
      @nitinshinde482 3 роки тому

      @@caswatigupta Thank you Swati 😊

    • @anjalijain4571
      @anjalijain4571 3 роки тому +1

      Not applicable, as mutual funds are registered as trust and not as a company.

  • @camanishbansal
    @camanishbansal 3 роки тому +1

    Very nicely explained..

  • @Wonders564
    @Wonders564 3 роки тому +1

    is this same as of now or their is any change?

    • @caswatigupta
      @caswatigupta  3 роки тому

      Hi Paridhi.
      It is same . There isn't any change recently

  • @aadishjain1651
    @aadishjain1651 3 роки тому

    Want to join your classes for ind as

  • @naeemmohd818
    @naeemmohd818 3 роки тому

    hello swati naeem here can you provide me the notes to your video?

  • @ok-kb1wo
    @ok-kb1wo 3 роки тому +1

    Pvt Ltd mai kitne T/o per hai ???

    • @caswatigupta
      @caswatigupta  3 роки тому

      There is no criteria of turnover.
      Private limited company having networth of Rs 500crore or more, was asked to apply Ind AS from 1April 2016
      Now if Private limited company has Networth between Rs 250- 500 crores, then it has to apply Ind AS from 1 April 2017

    • @caswatigupta
      @caswatigupta  3 роки тому +2

      In short
      If networth of private limited company is Rs 250 crores or more, then it has to apply Ind AS

  • @moulya123
    @moulya123 3 роки тому +1

    Teach INDAS 2 inventories

    • @caswatigupta
      @caswatigupta  3 роки тому

      Moulya be ready to watch it☺️
      Releasing soooon!!!

  • @bhumikasharma7873
    @bhumikasharma7873 2 роки тому +1

    Her voice is so cute 🤣

  • @VijayGupta-rk1in
    @VijayGupta-rk1in 3 роки тому +1

    Very nice

  • @anishshawclasses7701
    @anishshawclasses7701 3 роки тому +1

    Super 👌👌

    • @caswatigupta
      @caswatigupta  3 роки тому +1

      Thanks Anish ☺️

    • @anishshawclasses7701
      @anishshawclasses7701 3 роки тому +1

      @@caswatigupta You are most welcome. You were teaching same as our tax teacher. He makes us understand all the topics in a simplified way as you were doing. Keep Growing😊

    • @caswatigupta
      @caswatigupta  3 роки тому +1

      Thanks ❤️
      Coincidentally, I also teach Taxation.

    • @anishshawclasses7701
      @anishshawclasses7701 3 роки тому

      @@caswatigupta Oh ! I see 😊

  • @aadishjain1651
    @aadishjain1651 3 роки тому +1

    Hello Mam

  • @vishnu3921
    @vishnu3921 2 роки тому

    Thanks

    • @caswatigupta
      @caswatigupta  2 роки тому

      Welcome
      For more content download the app ⤵️
      play.google.com/store/apps/details?id=co.stan.hsggo