IND AS 16 | Property, Plant & Equipment | CA Final Financial Reporting(FR) | CMA Final | GEA
16.8 هزار بار بازدید -
3 سال پیش
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IND AS 16 | Property,
IND AS 16 | Property, Plant & Equipment | CA Final Financial Reporting(FR) | CMA Final | GEA
In This Video We Will Discuss Ind AS 16 Property, Plant & Equipment all Concepts, Problems and Examples for CA Final and CMA Final Financial Reporting (FR) All Concepts Has been discussed by Chandan Poddar Sir For Grooming Education Academy.
𝐒𝐮𝐛𝐬𝐜𝐫𝐢𝐛𝐞 𝐨𝐮𝐫 𝐂𝐀 𝐅𝐢𝐧𝐚𝐥 𝐘𝐨𝐮𝐓𝐮𝐛𝐞 𝐂𝐡𝐚𝐧𝐧𝐞𝐥 𝐟𝐨𝐫 𝐌𝐨𝐫𝐞 𝐔𝐩𝐝𝐚𝐭𝐞𝐬
@cafinalgrooming
⚫ CA Final Courses:-
https://www.escholars.in/store/ca-fin...
⚫ 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐨𝐮𝐫 𝐄𝐬𝐜𝐡𝐨𝐥𝐚𝐫𝐬 𝐀𝐈 𝐀𝐩𝐩
https://play.google.com/store/apps/de...
Watch Next:-
⚫ Ind AS 40 | Investment property:-
Ind AS 40 | Investment property | CA ...
⚫ IND AS 102, Share-Based Payments Complete Chapter:-
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⚫ Ind AS-19 Employee Benefits Chapter in Single Video:-
Video
⚫ Ind AS 37 Provision, Contingent Assets & Liability:-
Ind AS 37 Provision, Contingent Asset...
Topics Covered:-
Meaning and recognition,
Recognition of subsequent costs (Important),
Cost of PPE,
Cost of PPE acquired in exchange,
Measurement after recognition,
Revaluation model,
Depreciation elimination and restatement approach,
Depreciation,
Illustration on depreciation,
Derecognition,
In this Video:
IND AS 16 Property Plant & Equipment ca final,
IND AS 16 Property Plant & Equipment,
IND AS 16 Property Plant & Equipment revision,
Property Plant & Equipment,
ind as 16 cma final
ind as 16 investment property,
ind as 16 investment property
ind as 16 ca final
Ind AS 16 prescribes the accounting treatment for Property and P&E (Plant, and Equipment). The principal issues covered in the standard includes: –
Timing of recognizing an asset
Determining the carrying amounts of the assets
Depreciation to be recognized in the financial statements
Applicability and Scope
Ind AS 16 Property Plant Equipment is applicable to all Property and P&E (Plant & Equipment) unless and until any other accounting standard asks for a different treatment. Ind AS 16 Property Plant Equipment is not applicable in the following cases: (i) Property and P&E (Plant & Equipment) which are classified as held for sale as per Ind AS 105 (ii) Biological assets which are related to agricultural activities except bearer plants (iii) The measurement and recognition of exploration and evaluation assets (iv) Mineral rights and reserves like oil, natural gas and other such non-regenerative resources
Recognition
The cost of any item of PPE must be recognized as an asset only when: (a) It is apparent that the future economic benefits related to such asset would flow to the business; and (b) Cost of such asset could be reliably measured
Cost model
After recognizing an asset, PPE should be carried at the cost as reduced by the accumulated depreciation and accumulated impairment losses (if any).
Depreciation
Each part of PPE with a cost which is substantial with respect to the total cost of the PPE should be separately depreciated. The amount of depreciation should be allocated on an orderly basis over the useful life of an asset. The standard also requires:
The method of depreciation used should reflect an asset’s pattern of future economic benefits
At each balance sheet date, three standard requires review of
(i) Residual value and the useful life of assets (ii) Depreciation method employed
Derecognition
The carrying amount of items of PPE should be derecognized: (a) At the time of their disposal; or (b) When there are no future economic benefits anticipated from the use or disposal of such asset Any gain or loss arising from such derecognition should be included in the P/L statement when such item is derecognized. Gains arising from such derecognition shouldn’t be classified as part of revenue.
Grooming education academy is engaged in providing qualitative commerce education to society at concessional prices. We believe in Research, reasoning and result and thus our learners admit our USP of: "Pioneer in developing concepts". We provide the complete tutorials for all commerce courses including CA, CS, CMA, BCom, BBA, Mcom, MBA, M.com, Class 12, Class 11 and other commerce courses.
To know about the courses and books that best suits your requirement call at our helpline number: 𝟖𝟖𝟖 𝟖𝟖𝟖 𝟎𝟒𝟎𝟐
𝐕𝐢𝐬𝐢𝐭 𝐎𝐮𝐫 𝐖𝐞𝐛𝐬𝐢𝐭𝐞 to know more about the courses available: https://www.escholars.in/
𝐉𝐨𝐢𝐧 𝐨𝐮𝐫 𝐭𝐞𝐥𝐞𝐠𝐫𝐚𝐦 𝐜𝐡𝐚𝐧𝐧𝐞𝐥 𝐟𝐨𝐫 𝐝𝐚𝐢𝐥𝐲 𝐮𝐩𝐝𝐚𝐭𝐞𝐬:::: https://t.me/geacp
𝐅𝐚𝐜𝐞𝐛𝐨𝐨𝐤 𝐏𝐚𝐠𝐞: Facebook: GroomingEducationAcademy
𝐈𝐧𝐬𝐭𝐚𝐠𝐫𝐚𝐦 𝐏𝐚𝐠𝐞: Instagram: groomingeducationacademy
𝐓𝐰𝐢𝐭𝐭𝐞𝐫 𝐏𝐚𝐠𝐞: Twitter: AcademyGrooming
𝐋𝐢𝐧𝐤𝐞𝐝𝐈𝐧 𝐏𝐚𝐠𝐞: LinkedIn: grooming-education-academy
𝐏𝐢𝐧𝐭𝐞𝐫𝐞𝐬𝐭 𝐏𝐚𝐠𝐞: Pinterest: groomingeducation
#Groomingeducation #Chandanpoddar
In This Video We Will Discuss Ind AS 16 Property, Plant & Equipment all Concepts, Problems and Examples for CA Final and CMA Final Financial Reporting (FR) All Concepts Has been discussed by Chandan Poddar Sir For Grooming Education Academy.
𝐒𝐮𝐛𝐬𝐜𝐫𝐢𝐛𝐞 𝐨𝐮𝐫 𝐂𝐀 𝐅𝐢𝐧𝐚𝐥 𝐘𝐨𝐮𝐓𝐮𝐛𝐞 𝐂𝐡𝐚𝐧𝐧𝐞𝐥 𝐟𝐨𝐫 𝐌𝐨𝐫𝐞 𝐔𝐩𝐝𝐚𝐭𝐞𝐬
@cafinalgrooming
⚫ CA Final Courses:-
https://www.escholars.in/store/ca-fin...
⚫ 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐨𝐮𝐫 𝐄𝐬𝐜𝐡𝐨𝐥𝐚𝐫𝐬 𝐀𝐈 𝐀𝐩𝐩
https://play.google.com/store/apps/de...
Watch Next:-
⚫ Ind AS 40 | Investment property:-
Ind AS 40 | Investment property | CA ...
⚫ IND AS 102, Share-Based Payments Complete Chapter:-
IND AS 102 Share-Based Payments | Sco...
⚫ Ind AS-19 Employee Benefits Chapter in Single Video:-
Video
⚫ Ind AS 37 Provision, Contingent Assets & Liability:-
Ind AS 37 Provision, Contingent Asset...
Topics Covered:-
Meaning and recognition,
Recognition of subsequent costs (Important),
Cost of PPE,
Cost of PPE acquired in exchange,
Measurement after recognition,
Revaluation model,
Depreciation elimination and restatement approach,
Depreciation,
Illustration on depreciation,
Derecognition,
In this Video:
IND AS 16 Property Plant & Equipment ca final,
IND AS 16 Property Plant & Equipment,
IND AS 16 Property Plant & Equipment revision,
Property Plant & Equipment,
ind as 16 cma final
ind as 16 investment property,
ind as 16 investment property
ind as 16 ca final
Ind AS 16 prescribes the accounting treatment for Property and P&E (Plant, and Equipment). The principal issues covered in the standard includes: –
Timing of recognizing an asset
Determining the carrying amounts of the assets
Depreciation to be recognized in the financial statements
Applicability and Scope
Ind AS 16 Property Plant Equipment is applicable to all Property and P&E (Plant & Equipment) unless and until any other accounting standard asks for a different treatment. Ind AS 16 Property Plant Equipment is not applicable in the following cases: (i) Property and P&E (Plant & Equipment) which are classified as held for sale as per Ind AS 105 (ii) Biological assets which are related to agricultural activities except bearer plants (iii) The measurement and recognition of exploration and evaluation assets (iv) Mineral rights and reserves like oil, natural gas and other such non-regenerative resources
Recognition
The cost of any item of PPE must be recognized as an asset only when: (a) It is apparent that the future economic benefits related to such asset would flow to the business; and (b) Cost of such asset could be reliably measured
Cost model
After recognizing an asset, PPE should be carried at the cost as reduced by the accumulated depreciation and accumulated impairment losses (if any).
Depreciation
Each part of PPE with a cost which is substantial with respect to the total cost of the PPE should be separately depreciated. The amount of depreciation should be allocated on an orderly basis over the useful life of an asset. The standard also requires:
The method of depreciation used should reflect an asset’s pattern of future economic benefits
At each balance sheet date, three standard requires review of
(i) Residual value and the useful life of assets (ii) Depreciation method employed
Derecognition
The carrying amount of items of PPE should be derecognized: (a) At the time of their disposal; or (b) When there are no future economic benefits anticipated from the use or disposal of such asset Any gain or loss arising from such derecognition should be included in the P/L statement when such item is derecognized. Gains arising from such derecognition shouldn’t be classified as part of revenue.
Grooming education academy is engaged in providing qualitative commerce education to society at concessional prices. We believe in Research, reasoning and result and thus our learners admit our USP of: "Pioneer in developing concepts". We provide the complete tutorials for all commerce courses including CA, CS, CMA, BCom, BBA, Mcom, MBA, M.com, Class 12, Class 11 and other commerce courses.
To know about the courses and books that best suits your requirement call at our helpline number: 𝟖𝟖𝟖 𝟖𝟖𝟖 𝟎𝟒𝟎𝟐
𝐕𝐢𝐬𝐢𝐭 𝐎𝐮𝐫 𝐖𝐞𝐛𝐬𝐢𝐭𝐞 to know more about the courses available: https://www.escholars.in/
𝐉𝐨𝐢𝐧 𝐨𝐮𝐫 𝐭𝐞𝐥𝐞𝐠𝐫𝐚𝐦 𝐜𝐡𝐚𝐧𝐧𝐞𝐥 𝐟𝐨𝐫 𝐝𝐚𝐢𝐥𝐲 𝐮𝐩𝐝𝐚𝐭𝐞𝐬:::: https://t.me/geacp
𝐅𝐚𝐜𝐞𝐛𝐨𝐨𝐤 𝐏𝐚𝐠𝐞: Facebook: GroomingEducationAcademy
𝐈𝐧𝐬𝐭𝐚𝐠𝐫𝐚𝐦 𝐏𝐚𝐠𝐞: Instagram: groomingeducationacademy
𝐓𝐰𝐢𝐭𝐭𝐞𝐫 𝐏𝐚𝐠𝐞: Twitter: AcademyGrooming
𝐋𝐢𝐧𝐤𝐞𝐝𝐈𝐧 𝐏𝐚𝐠𝐞: LinkedIn: grooming-education-academy
𝐏𝐢𝐧𝐭𝐞𝐫𝐞𝐬𝐭 𝐏𝐚𝐠𝐞: Pinterest: groomingeducation
#Groomingeducation #Chandanpoddar
3 سال پیش
در تاریخ 1400/09/15 منتشر شده
است.
16,877
بـار بازدید شده