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The Difference between GAAP and IFRS
 
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ZACH DE GREGORIO, CPA www.WolvesAndFinance.com First you need to understand what these things are. GAAP and IFRS are accounting standards. GAAP stands for Generally Accepted Accounting Principles which is the accounting framework used in the United States. IFRS stands for International Financial Reporting Standards which is the accounting framework used in the rest of the world. What is an accounting standard? They are basically a set of guidelines you need to follow for accounting in your business. It is not laws, but it is really self-regulation where accountants have gotten together and agreed on the methods to use. When we talk about GAAP and IFRS, we are describing two different accounting standards. In general, GAAP and IFRS are very similar already. The fundamentals of accounting are the same anywhere in the world. You still have the same financial statements and basic processes. However, there are still some significant differences. The biggest difference between GAAP and IFRS is that GAAP is rules based, whereas IFRS is principles based. GAAP actually writes out all these different rules that US companies are required to follow, which does not leave much room for interpretation. IFRS focuses on the principles. This means that GAAP is much longer and more detailed than IFRS. The reason that GAAP is so detailed, is there have been some pretty big accounting scandals in the US. Every time a business has a major accounting scandal, more rules get added to the list, to make sure there are no misunderstandings in the future. One of the biggest differences that has not yet been resolved is LIFO. LIFO means Last-In First-Out which is a method of valuing your inventory. US companies are allowed to use LIFO. International companies are not. A lot of US companies use LIFO, because most of the time it reduces your reported profit, which reduces your taxes. We are talking about a lot of money. No one knows for sure what the estimated tax savings is, but it is estimated at over $100 Billion in the US over 10 years. To give you an idea of how complicated this is, for treatment of LIFO to change, the US would have to change that part of the IRS tax code, which would require the US legislature to pass a law increasing corporate taxes by $100 Billion. This presents a real challenge. LIFO is just one example, but there are many more differences between GAAP and IFRS. Neither Zach De Gregorio or Wolves and Finance Inc. shall be liable for any damages related to information in this video. It is recommended you contact a CPA in your area for business advice.
Views: 21953 WolvesAndFinance
What is International financial reporting standards IFRS and difference with accounting standard
 
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In this video we will discuss What is International financial reporting standards IFRS and their difference with Indian accounting standard in Hindi  this video will be beneficial for the students of class 11th CA Foundation CPT CS Foundation IPCC and for beginners I hope you will like this video if you have any doubt please ask me in the comment box  ___________________________________________  Link for the PDF and notes : https://digeshshala.blogspot.com/2018/09/international-financial-reporting.html ___________________________________________   Playlist of all classes chapterwise in hindi   Class 12th accounts lectures in hindi chapterwise https://m.youtube.com/playlist?list=PLUsUBXYVOqdATlcwk5xxuL9MTNAL9rYYx    Class 11th accounts lectures in hindi chapterwise https://m.youtube.com/playlist?list=PLUsUBXYVOqdCyPUEqE9TN3SzIkiO_gJDJ   Class 11th Business studies lectures in hindi chapterwise https://m.youtube.com/playlist?list=PLUsUBXYVOqdDSZWPBpHY78okveJI4Bhrx   GST all chapters playlist in Hindi : https://m.youtube.com/playlist?list=PLUsUBXYVOqdBIX5qqLF53derbjKsMGHW5 All Basic terms of accounting  https://m.youtube.com/playlist?list=PLUsUBXYVOqdAC3VKvwXWJr6X3oMZtbm-c   class 10thmaths from ncert book/cbse in hindi chapterwise with solutions  https://m.youtube.com/playlist?list=PLUsUBXYVOqdDs10r2RYPgYEfMYHZBCj-e     Learn all the journal entries in 5 minutes: https://youtu.be/bRxRM6a12sA   What is Asset? Expense? Capital? Liability? Income?????: https://youtu.be/S1iBPIR6umY ___________________________________________    You can contact me on:   Facebook page     :  https://www.facebook.com/Digeshshala.digeshsoni/?view_public_for=367201753757403   WhatsApp no. 9039927843   Whatsapp group : https://chat.whatsapp.com/0gSogGmkWk2AbJpP0bnpGn   Telegram group : https://t.me/joinchat/Jwr_IA7tbNG44-mdg7pvfw   Facebook profile : https://m.facebook.com/Digesh.soni.31   instagram : https://www.instagram.com/digesh.soni/   twitter : https://twitter.com/soni_digesh
Views: 17014 DIGESHSHALA
Basic Accounting: IFRS Financial Reporting Principles
 
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Watch 1000s of finance videos for free and advance your career. https://bluebookacademy.com
Views: 3114 BlueBookAcademy.com
International Accounting Standards Board (IASB)
 
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This video discusses the structure and role of the International Accounting Standards Board (IASB). The IASB, which is based in London, was formed in 2001 to create a single set of global accounting standards. The IASB periodically issues International Financial Reporting Standards which have been adopted as Generally Accepted Accounting Principles (GAAP) by more than one hundred countries. IASB board members are selected by IFRS Foundation Trustees. The IASB is supported by the IFRS Advisory Council and the IFRS Interpretations Committee. The advisory council provides guidance to the IASB and the Interpretations Committee aims to reduce divergent accounting practices by clarifying the appropriate accounting treatment with the existing IFRS. Edspira is your source for business and financial education. To view the entire video library for free, visit http://www.Edspira.com To like Edspira on Facebook, visit https://www.facebook.com/Edspira To sign up for the newsletter, visit http://Edspira.com/register-for-newsletter Edspira is the creation of Michael McLaughlin, who went from teenage homelessness to a PhD. The goal of Michael's life is to increase access to education so all people can achieve their dreams. To learn more about Michael's story, visit http://www.MichaelMcLaughlin.com To follow Michael on Twitter, visit https://twitter.com/Prof_McLaughlin To follow Michael on Facebook, visit https://www.facebook.com/Prof.Michael.McLaughlin
Views: 15439 Edspira
Introduction to Ind AS & IFRS by CA Raj K Agrawal
 
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To Buy Complete Classes visit www.studyathome.org or Call: 8737012345. StudyAtHome.org is a Online Platform, that provides CA/ CS/ CMA classes from India's Best Professors at your Home.
Views: 63031 Study At Home
IFRS IN HINDI
 
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Accounting principles:- https://youtu.be/fmwsdCiV9PA Thank you friends to support me Plz share subscribe and comment on my channel and Connect me through Instagram:- Chanchalb1996 Gmail:- [email protected] Facebook page :- https://m.facebook.com/Only-for-commerce-student-366734273750227/ Unaccademy download link :- https://unacademy.app.link/bfElTw3WcS Unaccademy profile link :- https://unacademy.com/user/chanchalb1996 Telegram link :- https://t.me/joinchat/AAAAAEu9rP9ahCScbT_mMA
Views: 20236 study with chanchal
International financial reporting standards
 
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In this video I have explained meaning of #IFRS #IAS What is #IASB What is #IASC Watch this video to know all about IFRS and it's difference between GAAP and IFRS. Theory base of accounting https://youtu.be/OqUIRF3-Dqs Accounting concepts, principles and conventions Part 1https://youtu.be/RpzduMUdE8E Part 2 ,https://youtu.be/9YXsNiQHG84 Indian accounting standards https://youtu.be/s0Dk-WkzC54 Thanks for watching Please like , subscribe and share
Views: 777 Super commerce
Mod-04 Lec-07 Accounting Concepts, Standards, IFRS
 
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Managerial Accounting by Dr. Varadraj Bapat,Department of Management,IIT Bombay.For more details on NPTEL visit http://nptel.ac.in
Views: 3984 nptelhrd
Overview of International Financial Reporting Standard (IFRS)
 
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http://zerotoprotraining.com Overview of International Financial Reporting Standard (IFRS) Category: ERP, Management Tags: IFRS Overview
Views: 39107 HandsonERP
The Conceptual Framework 2010 - LINK TO THE 2018 FRAMEWORK IN A DESCRIPTION
 
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https://www.ifrsbox.com This is the summary of Conceptual Framework as issued in 2010. For the newly updated Framework in 2018, please see here: https://www.youtube.com/watch?v=v56_VJkjAX4
Views: 161645 Silvia M. (of IFRSbox)
IFRS Introduction
 
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introduction for international financial reporting standards
Views: 7773 Technicaldig86 dig
IFRS 1: First Time Adoption of IFRS | International Financial Reporting Standard | ACCA Dip.IFRS
 
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The session briefly discusses the major implications of IFRS 1: First Time Adoption of IFRS (International Financial Reporting Standard). International Financial Reporting Standards (IFRS) are accounting standards and principles set by the International Accounting Standard Board (IASB) and are becoming global standards for preparation of financial statements. Most countries are converging their standards towards IFRS or adopting IFRS as they are, to enable uniform reporting. India, as a step closer to convergence with IFRS, has adopted Ind-AS. Benefits of Studying Dip.IFRS • Various IFRS profiles are being offered in several sectors of the industry that include ITES, software, pharmaceutical, auto spare part, professional advisory companies, auditing firms, banking industry, the Insurance industry, KPOs, etc. • Skilled and experienced IFRS experts can establish their own consultancies to help companies migrate to IFRS • Practical knowledge of these universal standards will open doors across the globe as more than 100 countries have given a green signal in their accounting boundaries. • Application of these standards is complex and time consuming which underlines the significance of IFRS professionals • Continuous amendments to these standards by regulators is creating need for IFRS professionals with thorough understanding of these standards • Currently, more than 150 countries have already adopted & the number will touch 200 by the end of 2017 • IFRS implementation for Indian accounting professionals will be what Y2K was for the software professionals, in other words, huge earning potential • Hence, there is a huge need to train professionals about IFRS in India in order to get prepared for IFRS convergence To buy this course follow the link below:- https://www.takshilalearning.com/course/acca-diploma-ifrs-online-classes-course/ For further assistance please call us at: 8800-999-280/011-45639131 Follow us :- Facebook:-https://www.facebook.com/takshilalearn/ Twitter:-https://twitter.com/TakshilaLearn Linkedin:-https://www.linkedin.com/company/takshila-learning-pvt.-ltd.?trk=biz-companies-cym
Views: 16906 takshila learn
IFRS Basics  Part_1
 
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Basic Overview of IFRS_Part 1
Views: 1285 ShootFor Knowledge
IFRS - IAS 1 - Presentation of Financial Statements
 
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An overview of the requirements of IAS 1 - Presentation of Financial Statements along with applicability for Indian entities under Ind AS. Courtesy: The Institute of Computer Accountants (www.icajobguarantee.com)
Views: 163479 Vikash Goel
IFRS 10 Consolidated Financial Statements - summary
 
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http://www.ifrsbox.com This is the short summary of IFRS 10 Consolidated Financial Statements. The objective of IFRS 10 is to establish principles for the presentation and preparation of consolidated financial statements when an entity controls one or more other entities. IFRS 10: - requires to present consolidated financial statements; - defines the principle of control - sets out the accounting requirements for consolidated financial statements and - defines an investment entity and sets out an exception to consolidating particular subsidiaries of an investment entity. An investor controls an investee when It is exposed to or has rights to variable returns from its involvement with the investee and has the ability to affect those returns through its power over the investee. Consolidated financial statements are the financial statements of a group presented as those of a single economic entity. Consolidation procedures: Step 1 – Combine like items of assets, liabilities, equity, income, expenses and cash flows of the parent with those of its subsidiaries. Step 2 - Offset or eliminate carrying amount of parent’s investment in subsidiary with parent’s portion of equity of each subsidiary. Step 3 - Offset or eliminate in full intragroup assets, liabilities, equity, income, expenses and cash flows relating to transactions between companies in the group. Investment entity is an entity that: - Obtains funds or money from one or more investors for the purpose of providing those investor(s) with investment management services; - Its business purpose is to invest funds solely for returns from capital appreciation, investment income, or both; and - It measures and evaluates the performance of substantially all of its investments on a fair value basis. If you’d like to learn how to consolidate, or anything about IFRS in general, please visit http://www.ifrsbox.com and subscribe to our free IFRS mini-course. Thank you!
Views: 115175 Silvia M. (of IFRSbox)
IFRS and global standards: A Canadian perspective
 
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On 16 April 2015, the IFRS Foundation Trustees and the Canadian Accounting Standards Oversight Council (AsSOC) jointly hosted an event to discuss Canada’s perspective on IFRS and global standards.
Views: 1417 IFRS Foundation
What is IFRS?
 
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What are Accounting Standards Accounting standards are authoritative standards for financial reporting and are the primary source of generally accepted accounting principles (GAAP). Accounting standards specify how transactions and other events are to be recognized, measured, presented and disclosed in financial statements. The objective of such standards is to provide financial information to investors, lenders, creditors, contributors and others that is useful in making decisions about providing resources to the entity. What is IFRS? IFRS is short for International Financial Reporting Standards. IFRS is the international accounting framework within which to properly organize and report financial information. It is derived from the pronouncements of the London-based International Accounting Standards Board (IASB). It is currently the required accounting framework in more than 120 countries. IFRS requires businesses to report their financial results and financial position using the same rules; this means that, barring any fraudulent manipulation, there is considerable uniformity in the financial reporting of all businesses using IFRS, which makes it easier to compare and contrast their financial results. IFRS is used primarily by businesses reporting their financial results anywhere in the world except the United States. Generally Accepted Accounting Principles, or GAAP, is the accounting framework used in the United States. GAAP is much more rules-based than IFRS. IFRS focuses more on general principles than GAAP, which makes the IFRS body of work much smaller, cleaner, and easier to understand than GAAP. IFRS covers a broad array of topics, including: • Presentation of financial statements • Revenue recognition • Employee benefits • Borrowing costs • Income taxes • Investment in associates • Inventories • Fixed assets • Intangible assets • Leases • Retirement benefit plans • Business combinations • Foreign exchange rates • Operating segments • Subsequent events • Industry-specific accounting, such as mineral resources and agriculture There are several working groups that are gradually reducing the differences between the GAAP and IFRS accounting frameworks, so eventually there should be minor differences in the reported results of a business if it switches between the two frameworks. There is a stated intent to eventually merge GAAP into IFRS, but this has not yet occurred.
Views: 533 Presentations Buddy
How are IFRS® Standards developed?
 
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Find out how the International Accounting Standards Board’s develops financial reporting standards for the world economy. This video explains the different stages a Standard typically goes through and how public consultation is a very important part of the process. Find out more about here: http://www.ifrs.org/about-us/who-we-are/
Views: 7213 IFRS Foundation
Financial Statement Fundamentals (5 of 39): IASB, FASB and Accounting Standards
 
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Financial Statement Fundamentals (5 of 39): IASB, FASB and Accounting Standards Support the AccoFina Patreon if you're a fan, or believer, in my work: https://patreon.com/accofina Time Markers: 1) GAAP (Generally Accepted Accounting Principles) 0:20 2) Standards (Accounting 'Rules') 1:14 3) The 2 Major Accounting Standards Bodies 2:11 4) Are Accounting Standards Mandatory? 3:56 5) Conclusion 5:49 Please Help Translate this Video's Captions, Title or Description; many thanks: http://www.youtube.com/timedtext_video?v=XlDbpfE0K2Y&ref=share FINANCIAL STATEMENT FUNDAMENTALS: How to Understand the Story of Any Business at Any Time Lecture: The IASB & FASB and Accounting Standards GAAP (Generally Accepted Accounting Principles): * Earlier we spoke about GAAP (how they related to financial accounting & management accounting) However... GAAP is a ‘generic’ term or could even be a more ‘USA-centric’ term What I was trying to express using the term ‘GAAP’ ...I was taking the concise, easy option to express: Some sort of formal, codified set of financial accounting guidelines ...or ‘rules’ THE IASB & FASB “Standards”: Financial Accounting ‘Rules’ * Standards give financial accountants guidance: on how to account for, present & disclose the majority of transactions. * Standards “Limit accounting policy choice” THE IASB & FASB are The 2 Main Standard Setters * The IASB sets the IFRS * or The International Accounting Standards Board sets The International Financial Reporting Standards * The FASB sets the US GAAP * or The Financial Accounting Standards Board sets US Generally Accepted Accounting Principles There are some differences between the two sets of standard systems (IFRS & US GAAP). But there is a harmonisation process underway. Accouting Standards: Following Standards is Sometimes Mandatory ...and Sometimes Not Following IFRS & US GAAP is often legal or regulatory enforceable e.g. for organisations with many stakeholders or with otherwise economic importance Following Standards are Sometimes Mandatory ...and Sometimes Not e.g. often not mandatory for many smaller organisation) ...but wouldn’t it always be better to record and report transactions universally, consistently and transparently whenever possible? THE IASB & FASB So now you know who’s at the top of the pyramid ...and now you have the Power! The IASB & FASB restricts financial accountants on how to behave and “limits accounting policy choice” ...Next time someone in accounting ‘tells’ you this is “how it’s done” Ask (or even check yourself!) if they are following or using IFRS or US GAAP. So now you know who’s at the top of the pyramid ...and now you have the Power! IASB: www.ifrs.org FASB: www.fasb.org This video was brought to you by AccoFina... Subscribe to the Channel: https://goo.gl/84Sfeg Or just check out the Channel Page: https://goo.gl/yTj9Bs Most Popular YouTube Video: https://goo.gl/Jbv685 Latest YouTube Upload: https://goo.gl/wDM83Y http://www.accofina.com http://www.amazon.com/author/axeltracy http://www.twitter.com/accofina http://plus.google.com/+accofina https://www.instagram.com/axel_accofina/ https://www.facebook.com/AccoFina.Page #Accounting #FinancialEducation #FinancialStatementFundamentals
Views: 59 AccoFina
IFRS Standards - why do they matter?
 
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A short educational video to introduce you to the work of the IFRS Foundation and the role IFRS® Standards, used by companies in over 100 countries around the world when reporting on their finances, play in the global economy. More information about the IFRS Foundation, its independent standard-setting body, the International Accounting Standards Board®, and IFRS Standards can be found on http://www.ifrs.org/
Views: 27090 IFRS Foundation
US GAAP vs. IFRS on the Financial Statements
 
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You'll learn the key differences between US GAAP and IFRS on the 3 main financial statements (Income Statement, Balance Sheet, and Cash Flow Statement). By http://breakingintowallstreet.com/ "Financial Modeling Training And Career Resources For Aspiring Investment Bankers" You'll also learn how to adjust an international company's financial statements to make it easier to model and project over time. Table of Contents: 1:46 Why US GAAP vs. IFRS Matters 5:28 Income Statement Terminology Differences 7:34 Balance Sheet Differences 14:09 How to Adjust the Financial Statements for an IFRS Company 20:02 Recap and Summary Income Statement: The Income Statement is very similar regardless of the accounting system. Some items have different names (e.g., Revenue is often called Turnover and Net Income is often called Profit), but that's about it. Balance Sheet: There are more differences on the Balance Sheet - items are often arranged in a different order (sometimes Long-Term Assets are listed first, then Current Assets, then Equity, then Long-Term Liabilities and Current Liabilities at the end). The Balance Sheet itself is usually called the "Statement of Financial Position." Also, items within the Equity section often have different names: Common Stock is called "Share Capital" or "Issued Capital." Additional Paid-In Capital is often called the "Share Premium." Retained Earnings and Treasury Stock tend to have similar names. IFRS-based companies also have many "Reserve" categories for items such as FX translation differences and unrealized gains and losses. For US-based companies, these items show up within Accumulated Other Comprehensive Income (AOIC) rather than being split out into separate "Reserve" categories. But the FUNCTIONALITY of the Balance Sheet is still very similar (items still flow in and change the same way), even if items have different names or are grouped differently. Cash Flow Statement There are more differences on the Cash Flow Statement, because most US-based companies use the INDIRECT method and most international companies use the DIRECT method. The Indirect Method starts with Net Income, makes non-cash adjustments, and lists the changes in Working Capital in the Cash Flow from Operations section. The Direct Method simply lists the cash received from customers and cash paid to suppliers and employees, along with income taxes and interest and other expenses, and so you don't see the full details behind the non-cash adjustments and working capital spending. When this happens, it is much, much harder to link the financial statements because changes in items such as Accounts Receivable and Accounts Payable won't flow into anything on the Cash Flow Statement. So we recommend ADJUSTING the financial statements as follows: First, find a reconciliation between this Cash Flow Statement and the company's operating income and/or net income. Then, make the Cash Flow Statement start with Net Income instead, as it normally does, and include all the line items from this reconciliation (non-cash adjustments, Working Capital changes, etc.). And if there are still remaining differences between items such as income taxes and interest expense on the Income Statement vs. Cash Flow Statement, make adjusting entries on the CFS that indicate the true cash amount that a company paid for those. Further Resources http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-US-GAAP-vs-IFRS.xlsx Examples of Financial Statements for US-Based Companies: http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-US-Chuck-E-Cheese.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-US-Jazz-Pharmaceuticals.pdf Examples of Financial Statements for International Companies: http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-Australia-Telstra.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-Brazil-Ambev.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-China-TenCent.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-France-Vivendi.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-India-Infosys.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-Japan-Suntory.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-Korea-Samsung.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-Mexico-FEMSA.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-Russia-Rostelecom.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-Saudi-Arabia-Saudi-Telecom.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-Singapore-SG-Airlines.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-South-Africa-PPC.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-UAE-DP-World.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-UK-Easyjet.pdf
5.1 AS and IFRS (XI Accounts) (Complete Video)
 
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Class - XI Accounts [AS and IFRS] For all videos of Class XI Accounts. visit:- myepathshala.com. You can also download all the notes of chapter in pdf format from our website free of cost. http://myepathshala.com/classes/subject/chapter/class-11/accounts
Views: 10048 Anurag classes
IFRS - Accounting Standard Setting Process Part 3 & 4
 
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Here is an overview of IFRS concept of Accounting Standard Setting Process by IMS Proschool The 4th Best Institute in India, Ranked by Analytics India Magazine (2018).The program is jointly certified by NSE Academy & IMS Proschool. What can you find in this Video: Standard setting Process (00:00) Conceptual Framework (06:00) Scope of Conceptual framework (08:12) Purpose of conceptual framework (10:04) Components of financial statement (14:05) Quantitative Characteristics of financial statement (17:08) About International Financial Reporting Standards (IFRS): International Financial Reporting Standards (IFRS) are accounting standards and principles set by the International Accounting Standard Board (IASB) and are becoming the global standard for the preparation of financial statements. Most countries are converging their standards towards IFRS or adopting IFRS as they are, to enable uniform reporting. India, as a step closer to convergence with IFRS, has adopted Ind-AS. Subscribe to our channel for more Tutorials: https://t2m.io/xE3fhFuR #IFRS #IAS #IAS20 #Accuntingstandardsettingprocess #internationalaccountingstandards #governmentgrants Why International Financial Reporting Standard? Multiple Profiles: Various IFRS profiles are being offered in several sectors of the industry that include ITES, software, pharmaceutical, auto spare part, professional advisory companies, auditing firms, banking industry, Insurance industry, KPOs, etc. Work across the globe Practical knowledge of these universal standards will open doors across the globe as more than 100 countries have given a green signal in their accounting boundaries. Establish your consultancy firm Skilled and experienced IFRS experts can establish their own consultancies to help companies migrate to IFRS Become a part of a growing profession Continuous amendments in these standards by regulators is creating a need for IFRS professionals with a thorough understanding of these standards What will you learn in IFRS Course: https://www.proschoolonline.com/ifrs-certificate-course We recommend this IFRS training course for the following professionals in particular: 1. Any Graduate: Commerce graduates with 2 years of experience in the Finance and Accounts department and Graduates from any other field with 3 years of experience in the Finance and Accounts department are eligible 2. Industry Professional: Chartered Accountants 3. Accounting Professionals: Stay updated and continues to grow. Young CAs / IPCC candidates are already enrolling in large numbers. 4. Qualified Professionals: Non-Accounting professional like MBAs, CSs, CFAs, CFPs can add depth to their understanding of accounting practices and differentiate themselves. About IMS Proschool : IMS Proschool is an initiative of IMS Learning Resources Pvt. Ltd. Our organization is engaged in providing training and mentoring students from the past 35 years. IMS Proschool offers Certifications and training programs in Business Analysis, Data Science, Financial Modeling, Chartered Financial Analyst, Chartered Institute of Management Accounts, Investment Banking & Capital Markets, Digital Marketing, Financial Services. IMS Proschool IFRS training is currently available in Mumbai, Navi Mumbai, Thane, Pune, Delhi, Gurgaon, Bangalore, Hyderabad, Chennai & Kochi. Students outside these cities can undertake the program online. Learn more at: https://t2m.io/e4gULvKy For more updates on courses and tips follow us on: - Facebook: https://www.facebook.com/proschoolonline Instagram : https://www.instagram.com/proschoolonline/?hl=en LinkedIn: https://www.linkedin.com/company/ims-proschool-pvt.-ltd/?originalSubdomain=in Website: https://www.proschoolonline.com
Views: 1673 IMS Proschool
#3 ACCOUNTING PRINCIPLES/CONCEPTS, AS, IFRS I CA CMA RAVI KUMAR I IMP FOR EVERY COMMERCE STUDENTS
 
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ACCOUNTING PRINCIPLES/CONCEPTS, AS, IFRS I CA RAVI KUMAR I IMPORTANT FOR EVERY COMMERCE STUDENTS I FREE EDUCATION FOR ALL I KEEP SHARING. GO TO PLAYLIST AND FIND YOUR SUBJECT AND START LEARNING.
Lecture 3. IFRS. Pinciples-based approach and rules based approach.
 
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IFRS. Pinciples-based approach and rules based approach.
Views: 657 Knowledge Serfer
INTERNATIONAL FINANCIAL REPORTING STANDARDS (COM)
 
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Subject : Commerce Paper : Accounting Theory And Practice
Views: 357 Vidya-mitra
EuroMaTech International Financial Reporting Standards (IFRS)
 
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The diminishing differences between generally accepted accounting principles (GAAP), principally established by the Financial Accounting Standards Board (FASB), and international financial reporting standards (IFRS), as established by the International Accounting Standards Board (IASB”, is narrowing at a faster pace. IFRS are now the world’s most widely accepted and applied accounting standards with more than 100 countries now requiring or permitting their use. EuroMaTech is a trustful and reliable training company with multiple locations.Check out our video #Euromatech #euromatechtraining #training #trainingcourse #trainingseminar #trainingprogramme #trainingprogram #managementandleadership #projectmanagement #oilandgas #financeandaccounting #administrationandsecretarial #consulting #management #leadership #maintenacemanagement #humanresources #hr #dubai #uk #london #amsterdam #geneva #newyork #oman #dubaitraining #managementtraining #corporatetraining #worldclasstraining #audittraining #finanace #contractsmanagement #healthandsafetytraining #instrumentationtraining #hrtraining #leadershiptraining
Views: 6897 EuroMaTech
What are US GAAP and IFRS - Video Slides 1-20
 
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This video the full video that includes all 20 slides used to discuss the topic "What are US GAAP and IFRS?" The individual slide-specific videos are available in a playlist titled "What are US GAAP and IFRS?" I created this full video for those who felt that watching the videos using the playlist took too long. The reality is that this edited full video is a bit shorter than the slide videos because I have edited out some silence. These videos are part of a free online course in accounting created by Kevin Kimball of Brigham Young University -- Hawaii using the Canvas Network's Learning Management System (LMS). The actual course will first become available for enrollment a couple months prior to the start of Winter Semester 2014 (which starts in January) at learn.canvas.net. Aside from that, all of the videos in this course will be freely available in YouTube with no registration requirement, you just won't have access to the outcome assessment features (i.e. quizzes) and the interaction with the professor and fellow students that will be available in the full course at learn.canvas.net. The reason I broke the full presentation into multiple individual video slides what twofold 1) it was easier to edit and 2) so that the students taking my online course could jump to each individual slide's video so that they could watch just the video segments they needed most. Brought to you by the Debits and Credits Trainer Android App.
Views: 49697 Kevin Kimball
Accounting concepts principle convension assumptions accounting standards ifrs class 11th in-hindi
 
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In this video we will discuss what is accounting concept accounting assumption accounting principle accounting standards in Hindi this video will be beneficial for the students of class 11th CA Foundation CPT CS Foundation IPCC and for beginners I hope you will like this video if you have any doubt please ask me in the comment box #accounting #principle #standards #assumption #concept ___________________________________________ Link for the PDF and notes : https://digeshshala.blogspot.com/2018/09/accounting-concept-principles-and.html?m=1 ___________________________________________ Playlist of all classes chapterwise in hindi Class 12th accounts lectures in hindi chapterwise https://m.youtube.com/playlist?list=PLUsUBXYVOqdATlcwk5xxuL9MTNAL9rYYx Class 11th accounts lectures in hindi chapterwise https://m.youtube.com/playlist?list=PLUsUBXYVOqdCyPUEqE9TN3SzIkiO_gJDJ Class 11th Business studies lectures in hindi chapterwise https://m.youtube.com/playlist?list=PLUsUBXYVOqdDSZWPBpHY78okveJI4Bhrx GST all chapters playlist in Hindi : https://m.youtube.com/playlist?list=PLUsUBXYVOqdBIX5qqLF53derbjKsMGHW5 All Basic terms of accounting  https://m.youtube.com/playlist?list=PLUsUBXYVOqdAC3VKvwXWJr6X3oMZtbm-c class 10thmaths from ncert book/cbse in hindi chapterwise with solutions https://m.youtube.com/playlist?list=PLUsUBXYVOqdDs10r2RYPgYEfMYHZBCj-e    Learn all the generalentries in 5 minutes: https://youtu.be/bRxRM6a12sA What is Asset? Expense? Capital? Liability? Income?????:https://youtu.be/S1iBPIR6umY ___________________________________________ You can contact me on: Facebook page : https://www.facebook.com/Digeshshala.... WhatsApp no. 9039927843 Whatsapp group : https://chat.whatsapp.com/0gSogGmkWk2... Telegram group : https://t.me/joinchat/Jwr_IA7tbNG44-m... Facebook profile : https://m.facebook.com/Digesh.soni.31 instagram : https://www.instagram.com/digesh.soni/ twitter : https://twitter.com/soni_digesh
Views: 1983 DIGESHSHALA
CFA Level 1 (2019) Reading 22 – Financial Reporting Standards
 
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AnalystPrep's CFA Level 1 Video Series For All of the Videos (58 Readings), plus CFA level 1 Study Notes, Practice Questions, and Mock Exams Register an Account at https://analystprep.com Reading 22 – Financial Reporting Standards – LOS 22a: describe the objective of financial statements and the importance of financial reporting standards in security analysis and valuation https://bit.ly/2zoH2f1 – LOS 22b: describe roles and desirable attributes of financial reporting standard-setting bodies and regulatory authorities in establishing and enforcing reporting standards, and describe the role of the International Organization of Securities Commissions https://bit.ly/2DSNVJu – LOS 22c: describe the status of global convergence of accounting standards and ongoing barriers to developing one universally accepted set of financial reporting standards https://bit.ly/2KrgEFF – LOS 22d: describe the International Accounting Standards Board’s conceptual framework, including the objective and qualitative characteristics of financial statements, required reporting elements, and constraints and assumptions in preparing financial statements https://bit.ly/2P0iIF8 – LOS 22e: describe general requirements for financial statements under International Financial Reporting Standards (IFRS) https://bit.ly/2R4PiaL – LOS 22f: compare key concepts of financial reporting standards under IFRS and US generally accepted accounting principles (US GAAP) reporting systems https://bit.ly/2FDOYyJ – LOS 22g: identify characteristics of a coherent financial reporting framework and the barriers to creating such a framework https://bit.ly/2DSmRdc – LOS 22h: describe implications for financial analysis of differing financial reporting systems and the importance of monitoring developments in financial reporting standards https://bit.ly/2r2nnNu – LOS 22i: analyze company disclosures of significant accounting policies https://bit.ly/2zm8cTI
Views: 560 AnalystPrep
IFRS-Principle based system
 
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Subject:Commerce Paper:Accounting Theory And Practice
Views: 62 Vidya-mitra
Accounting Standards Full | Accounting and Financial Management (ACCT101)
 
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http://goo.gl/D75S9t for more free video tutorials covering Accounting and Financial Management. This video gives an introduction on accounting standards full understanding the background of accounting principle & outlining the qualities and characteristics of financial information. GAAP, Generally Accepted Accounting Principles can be discerned by 2 origins- authoritative standard and conceptual framework. International Accounting Standards Board, IASB provides the foundational set of international accounting standards and Australian Accounting Standards Board, AASB uses these and adds on to them as necessary principle precise to Australia. IASB & AASB together have been considered as the base of authoritative standard. On the contrary, conceptual frameworks are developed by accounting professional to guide accountants when they prepare & present financial statement. Moving on, the video demonstrates the principles and SACS (Statement of Accounting Concepts) of conceptual frameworks in greater details. Next, it talks about the applications and difficulties of GAAP subsequently show how financial positions and performances as well as cash flows can allow users to make informed economic decision. Finally, the video talks about the quantitative characteristics of accounting standards that include relevance, reliability and comparability.
Views: 10336 Spoon Feed Me
Week 1 GAAP
 
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Accounting Standards In Canada (brief)
Views: 1034 Meissner
Introduction of IFRS | Hindi
 
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Hi ! I am Vinod. Your accounting teacher . Today, we introduce IFRS in lecture. 1. Conversion of international standard (IAS) into International financial reporting standard in 2001 by International Accounting Standard board ( IASB). 2. IFRS new interpretation has given by International financial reporting interpretation committee ( IFRIC), 3. Remember its 4 assumption a) Accrual b) Going concern c) Measuring unit d) Constant purchasing power IFRS Based statement 1. Statement of financial position 2. Income statement 3. Statement of changing in equity 4. Cash flow statement 5. Notes of accounting policies. Download full financial accounting ebook at https://www.krantikari.org/2016/09/financial-accounting-ebook.html
Views: 12617 Accounting Education
International Financial : Reporting Standards (IFRS)
 
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This lecture talks about International Financial : Reporting Standards (IFRS).
Views: 25637 cec
NFRA, GAAP, AS, IND AS, IFRS all Concepts | in hindi
 
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Free Study Material for paper 1, 2 https://youtu.be/sLn6SJqhiMU For notes and PDF: https://navclasses.blogspot.in/2018/03/gaap-as-ind-as-ias-ifrs-nfra-notes.html Full Study Playlist for CBSE UGC NET in Hindi: https://goo.gl/1NvyMk Paper 1 Important topics and time table for UGC NET June 2018: https://youtu.be/-MKDioVT0Zk Human resource management in Hindi: https://goo.gl/v96yPm If any one wants to get PDFs by Navclasses then click here: https://www.facebook.com/groups/navclasses/files/ Subscribe Nav Classes for regular lectures Ask you doubts here in comment box If any one wants to get PDFs by Navclasses then click here: https://www.facebook.com/groups/navclasses/files/ Nav classes Videos in English language: https://goo.gl/iXUuG8 CBSE UGC NET in Hindi: https://goo.gl/1NvyMk Data Interpretation tricks: https://goo.gl/Or5lWg HRD lectures in Hindi: https://goo.gl/MiPZLF HRD lectures in English: https://goo.gl/Hg7cWg Reasoning Tricks in Hindi: https://goo.gl/WULwTn Math Tricks: https://goo.gl/3WYJDu CBSE UGC NET: https://goo.gl/j4qvzZ SHRM: https://goo.gl/oMU6IP Human resource management in English: https://goo.gl/2E4Py8 Human resource management in Hindi: https://goo.gl/v96yPm Arrangement puzzles: https://goo.gl/xWFWSP Syllogisms: https://goo.gl/chw3Vq Nav Online Classes for all commerce Lectures & tricks to crack exams All carve for Knowledge ends here Here you will get all possible help and personal assistance Procedure 1. Subscribe https://goo.gl/r6rSqV and Ring Bell with it to get all lectures on your inbox 2. New lecture Daily Featured Sunday for CBSE UGC NET, SSC, CGL, BANK PO, IBPS, Railway, CPO, UPSC, BOB & NIACL AO and ASSISTANT, DENA BANK, SBI PO MAINS 3. Google Group for more interaction: https://groups.google.com/d/forum/navclasses 4 like Facebook Page: https://www.facebook.com/navclassesonline/ 5 Join Fb Group https://www.facebook.com/groups/navclasses/ Subscribe to http://navclasses.blogspot.in/ for written notes and MCQs
Views: 16959 Nav classes
Accounting Standards, GAAP, IFRS
 
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• Principles of Accounting • GAAP • Accounting Standards, IAS, IFRS • Convergence of GAAPs
Views: 117 varadraj bapat
What is GAAP?
 
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GAAP stands for Generally Accepted Accounting Principles; these are the standard and commonly accepted ways of recording and reporting accounting. GAAP is the acronym for generally accepted accounting principles. That means the basic accounting principles and guidelines such as the cost principle, matching principle, full disclosure, etc., the detailed standards and other rules issued by the Financial Accounting Standards Board and its predecessor the Accounting Principles Board, and generally accepted industry practices. GAAP must be adhered to when a company distributes its financial statements outside of the company. If a corporation's stock is publicly traded, the financial statements must also adhere to rules established by the overseeing governmental agency. This includes having its financial statements audited by an independent accounting firm. Accountants use generally accepted accounting principles to guide them in recording and reporting financial information. GAAP comprises a broad set of principles that have been developed by the accounting profession. In 2008, the Securities and Exchange Commission issued a preliminary "roadmap" that may lead the United States to abandon Generally Accepted Accounting Principles in the and to join more than 100 countries around the world instead in using the London-based International Financial Reporting Standard. The SEC expressed their aim to fully adopt International Financial Reporting Standards in the U.S. by 2014. With the convergence of the U.S. GAAP and the international IFRS accounting systems, as the highest authority over International Financial Reporting Standards, the International Accounting Standards Board is becoming more important in the United States. By Barry Norman, Investors Trading Academy
Financial Accounting IFRS Ch 1 - 1
 
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Explain Financial Accouting - Chapter 1 What is Accounting?
Views: 35139 Ehab Abdou
Converting US GAAP to IFRS Financial Statements
 
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Converting US GAAP to IFRS Financial Statements
Views: 6639 Hustona12
International Accounting Standard 40 Investment property Part 1 & 2
 
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Learn International Accounting Standard 40, Investment Property concepts in detail with examples by IMS Proschool, The 4th Best Institute in India, Ranked by Analytics India Magazine (2018).The program is jointly certified by NSE Academy & IMS Proschool. About International Financial Reporting Standards ( (IFRS) : International Financial Reporting Standards (IFRS) are accounting standards and principles set by the International Accounting Standard Board (IASB) and are becoming the global standard for the preparation of financial statements. Most countries are converging their standards towards IFRS or adopting IFRS as they are, to enable uniform reporting. India, as a step closer to convergence with IFRS, has adopted Ind-AS. Subscribe to our channel for more Tutorials: https://t2m.io/xE3fhFuR #IFRS #IAS40 #internationalaccountingstandards #investmentproperty Why International Financial Reporting Standard? Multiple Profiles: Various IFRS profiles are being offered in several sectors of the industry that include ITES, software, pharmaceutical, auto spare part, professional advisory companies, auditing firms, banking industry, Insurance industry, KPOs, etc. Work across the globe practical knowledge of these universal standards will open doors across the globe as more than 100 countries have given a green signal in their accounting boundaries. Establish your consultancy firm Skilled and experienced IFRS experts can establish their own consultancies to help companies migrate to IFRS Become a part of a growing profession continuous amendments in these standards by regulators is creating a need for IFRS professionals with a thorough understanding of these standards What will you learn in IFRS Course: https://www.proschoolonline.com/ifrs-certificate-course We recommend this IFRS training course for the following professionals in particular: 1.Any Graduate: Commerce graduates with 2 years of experience in the Finance and Accounts department and Graduates from any other field with 3 years of experience in the Finance and Accounts department are eligible 2. Industry Professional: Chartered Accountants 3. Accounting Professionals: Stay updated and continue to grow. Young CAs / IPCC candidates are already enrolling in large numbers. 4.Qualified Professionals:Non Accounting professional like MBAs, CSs, CFAs, CFPs can add depth to their understanding of accounting practices and differentiate themselves. About IMS Proschool : IMS Proschool is an initiative of IMS learning Resources Pvt. Ltd. Our organization is engaged in providing training and mentoring students from past 35 years. IMS Proschool offers Certifications and training programs in Business Analysis, Data Science, Financial Modeling, Chartered Financial Analyst, Chartered Institute of Management Accounts, Investment Banking & capital Markets, Digital Marketing, Financial Services. IMS Proschool IFRS training is currently available in Mumbai, Navi Mumbai, Thane, Pune, Delhi, Gurgaon, Bangalore, Hyderabad, Chennai & Kochi. Students outside these cities can undertake the program online. Learn more at: https://t2m.io/e4gULvKy For more updates on courses and tips follow us on: - Facebook: https://www.facebook.com/proschoolonline Instagram : https://www.instagram.com/proschoolonline/?hl=en LinkedIn: https://www.linkedin.com/company/ims-proschool-pvt.-ltd/?originalSubdomain=in Website: https://www.proschoolonline.com
Views: 2029 IMS Proschool
Conceptual Framework of Accounting or IFRS Framework--OBJECTIVE QUALITATIVE CHARACTERISTICS ELEMENT
 
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This video includes: What is Conceptual Framework? Objective of financial reporting Qualitative characteristics of useful financial information 1. Fundamental qualities A. Relevance (1) predictive value (2) confirmatory value B. Faithful representation (1) completeness (2) neutrality (3) free from error 2. Enhancing qualities: (1) comparability (2) verifiability (3) timeliness (4) understandability Definition, recognition and measurement of the elements from which financial The elements directly related to financial position (balance sheet) are: Assets Liabilities Equity The elements directly related to performance (income statement) are: Income Expenses Recognition, Measurement, and Disclosure Concepts ASSUMPTIONS 1. Economic Entity 2. Going Concern 3. Monetary Unit 4. Periodicity 5. Accrual PRINCIPLES 1. Measurement 2. Revenue Recognition 3. Expense Recognition 4. Full Disclosure CONSTRAINTS 1. Cost 2. Materiality
Views: 14944 Md. Azim
What is IFRS and IASB?(benefit of IFRS and objectives of IASB)
 
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International Financial Reporting Standards (IFRS): To maintain uniformity and use of same or single accounting standards, International Financial Reporting Standards (IFRS) are developed by International Accounting Standards board (IASB). Objectives of IASB: (1) To develop the single set of high quality global accounting standards so users of information can make good decisions and the information can be comparable globally. (2) To promote the use of these high quality standards. (3) To fulfill the special needs of small and medium size entity by following above objectives. Meaning of IFRS: IFRS is a principle based accounting standards. IFRS are a single set of high quality accounting Standards developed by IASB, recommended to be used by the enterprises globally to produce financial statements. Benefits of IFRS: (1) Global comparison of financial statements of any companies is possible (2) Financial statements prepared by using IFRS shall be better understood with financial statements prepared by the country specific accounting standards. So the investors can make better decision about their investments. (3) Industry can raise or invest their funds by better understanding if financial statements are there with IFRS. (4) Accountants and auditors are in a position to render their services in countries adopting IFRS. (5) By implementation of IFRS accountants and auditors can save the time and money. (6) Firm using IFRS can have better planning and execution. It will help the management to execute their plans globally.
Views: 328 Commerce Ke Fundey
FASB vs the IASB
 
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This video compares the Financial Accounting Standards Board (FASB) to the International Accounting Standards Board (IASB). The FASB is the standard-setter for Generally Accepted Accounting Principles (GAAP) in the United States. The IASB is the standard-setter that creates International Financial Reporting Standards (IFRS), which have been adopted by more than one hundred countries. The FASB and the IASB have a similar structure: each has a set of board members that are selected by a foundation that also provides oversight. Both the FASB and the IASB are also supported by an advisory council and an organization the addresses issues of divergent accounting practice (for the FASB this is the Emerging Issues Task Force; for the IASB this is the IFRS Interpretations Committee). The size of the IASB board is roughly double the size of the FASB board because the IASB has members from around the world. Edspira is your source for business and financial education. To view the entire video library for free, visit http://www.Edspira.com To like Edspira on Facebook, visit https://www.facebook.com/Edspira To sign up for the newsletter, visit http://Edspira.com/register-for-newsletter Edspira is the creation of Michael McLaughlin, who went from teenage homelessness to a PhD. The goal of Michael's life is to increase access to education so all people can achieve their dreams. To learn more about Michael's story, visit http://www.MichaelMcLaughlin.com To follow Michael on Twitter, visit https://twitter.com/Prof_McLaughlin To follow Michael on Facebook, visit https://www.facebook.com/Prof.Michael.McLaughlin
Views: 6347 Edspira
IAS 12 - Deferred Tax Basic Principles (IFRS)
 
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Want more free videos to help you pass FAC3701? Visit https://bit.ly/2TMi3uo for more info. HOW DOES TABALDI HELP YOU PASS FAC3701? Tabaldi helps students pass their FAC3701 exams with affordable, easy-to-understand, bite-sized video lectures. Our online classroom is open 24/7 and we offer top quality lecturer support and discussion forums to help you pass your exams. FREE DEMO COURSES FOR UNISA FAC3701 Our DEMO courses are jam-packed with enormous value. When you sign up, you will receive free access to the first study unit of each of our courses. The following is included: • Free lecture videos • Free downloadable content • Free access to our online classroom
Views: 179010 Tabaldi Education
How To Memorize All Accounting Standards in Just 10 Minutes
 
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Download The PDF of this video http://www.caclubindia.com/share_files/how-to-memorize-all-accounting-standards-in-a-fun-way-71829.asp “Welcome To Sumit Solution” In This Video, I am trying to build a story based memory technique to remember all the names of Accounting Standards in a fun way. I am pretty sure that after watching this video 3-4 times you will never forget any name of the ASs. The major part of the background narration in this video is in Hindi, BUT still is very useful for those who don’t understand Hindi. They can easily understand by watching the visuals. Note: Those who don’t understand Hindi may MUTE the audio and watch Video only. I Hope you guys will be surely benefited from this video. Please Like, Share and Comment on this video
Views: 183136 Sumit Swarnakar
Lecture 1: Basic definition and difference of IAS, IFRS and GAAP
 
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In this video we will learn about the meaning of International Accounting Standards, International Financial Reporting Standards and Generally Accepted Accounting Principles and the difference between them (in Hindi).
Views: 112 concept decoded
International Accounting Standard 2 Inventories Part 4 to 9
 
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Learn the concepts of IAS 2 Inventories, which includes Basis of allocation of fixed overhead, Cost not included, Cost formulas, Other methods for ordinary interchangeable inventory and Net realizable value.IAS 2 Inventories part 1 & 2 Learn IFRS (International Financial Reporting Standards) from IMS Proschool, The 4th Best Institute in India, Ranked by Analytics India Magazine (2018).The program is jointly certified by NSE Academy & IMS Proschool. What can you find in this Video : Allocation of fixed overhead (00:05) Practical Example on fixed overhead (03:00) Allocation of variable overhead (06:45) Cost Formula (10:50) FIFO Method (14:45) Weighted Average Method (16:25) Net Realizable Value with example (24:15) About International Financial Reporting Standards ( (IFRS) : International Financial Reporting Standards (IFRS) are accounting standards and principles set by the International Accounting Standard Board (IASB) and is becoming the global standard for the preparation of financial statements. Most countries are converging their standards towards IFRS or adopting IFRS as they are, to enable uniform reporting. India, as a step closer to convergence with IFRS, has adopted Ind-AS. Subscribe to our channel for more Tutorials: https://t2m.io/xE3fhFuR #IASinventories #IASinventoriespart3&4 #IFRS #IAS #internationalaccountingstandards Why International Financial Reporting Standard? Multiple Profiles: Various IFRS profiles are being offered in several sectors of the industry that include ITES, software, pharmaceutical, auto spare part, professional advisory companies, auditing firms, banking industry, Insurance industry, KPOs, etc. Work across the globe Practical knowledge of these universal standards will open doors across the globe as more than 100 countries have given a green signal in their accounting boundaries. Establish your consultancy firm Skilled and experienced IFRS experts can establish their own consultancies to help companies migrate to IFRS Become a part of a growing profession Continuous amendments in these standards by regulators is creating a need for IFRS professionals with a thorough understanding of these standards What will you learn in IFRS Couse : https://www.proschoolonline.com/ifrs-certificate-course We recommend this IFRS training course for the following professionals in particular: 1.Any Graduate: Commerce graduates with 2 years of experience in the Finance and Accounts department and Graduates from any other field with 3 years of experience in the Finance and Accounts department are eligible 2. Industry Professional: Chartered Accountants 3. Accounting Professionals: Stay updated and continue to grow. Young CAs / IPCC candidates are already enrolling in large numbers. 4.Qualified Professionals: on Accounting professional like MBAs, CSs, CFAs, CFPs can add depth to their understanding of accounting practices and differentiate themselves. About IMS Proschool : IMS Proschool is an initiative of IMS learning Resources Pvt. Ltd. Our organization is engaged in providing training and mentoring students from past 35 years. IMS Proschool offers Certifications and training programs in Business Analysis, Data Science, Financial Modeling, Chartered Financial Analyst, Chartered Institute of Management Accounts, Investment Banking & capital Markets, Digital Marketing, Financial Services. IMS Proschool IFRS training is currently available in Mumbai, Navi Mumbai, Thane, Pune, Delhi, Gurgaon, Bangalore, Hyderabad, Chennai & Kochi. Students outside these cities can undertake the program online. Learn more at: https://t2m.io/e4gULvKy For more updates on courses and tips follow us on: - Facebook: https://www.facebook.com/proschoolonline Instagram : https://www.instagram.com/proschoolonline/?hl=en LinkedIn: https://www.linkedin.com/company/ims-proschool-pvt.-ltd/?originalSubdomain=in Website: https://www.proschoolonline.com
Views: 792 IMS Proschool
Diploma in IFRS - Finance tube
 
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Finance Tube is back with yet another informative video that will solve all your queries related to Diploma in IFRS course. Diploma in International Financial Reporting (DipIFR) is an international qualification in IFRS that is being accredited by the leading professional accounting organization; Association of Chartered Certified Accountants (ACCA). Diploma in IFRS certification course is designed to develop working knowledge on IFRS, providing an in-depth understanding of the concepts and principles of IFRS and their practical application. This IFRS Diploma Course by ACCA, is a globally recognized qualification and certification in IFRS. It will help you to understand the key differences between Indian GAAP, IFRS and IND AS, which are the latest set of accounting standards implemented by India Inc. So, if you are looking to be competent enough for practically implementing IFRS / IND AS across any sector of India or even abroad, you need not look beyond a DipIFR training program. Whether you are a practising Chartered Accountant, or CMA or any finance professional working in the accounting, auditing, reporting, or finance domain, the Diploma in IFRS program is the right choice to give your career the desired edge. If you are from a non-finance background, then, probably this IFRS training program may not be the right global qualification option for you and you need not feel disappointed, as you can still develop an understanding about IND AS (Indian Accounting Standards), which in spirit, are in compliance with IFRS. An additional news coming your way; through Finance Tube, ConTeTra Universal proudly announces the commencement of the Diploma IFRS course in Mumbai from 21st July 2018 onwards. The venue for the Dip IFRS weekend batches is Vashi, Navi Mumbai. For further details about Dip IFRS training in Mumbai, you could visit the website http://contetra.com/acca/course/diploma-in-ifrs or contact us at 91-9320007891 and we will be glad to assist you with all your IFRS course related queries - right from Dip IFRS exam to Dip IFRS course schedule and duration, to the course eligibility.. For More Updates follow me on: Facebook Link...https://www.facebook.com/tovishalthakkar Twitter Link...https://twitter.com/authorvishalt?lang=en Linked in Link. in.linkedin.com/in/vishalthakkar1405/ To know more about my channel, SUBSCRIBE now https://www.youtube.com/channel/UCTb8_5ySwqPKEQmKtzxgDmQ
Views: 3728 Finance Tube

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