Course Content

Total: 69 lectures Price : 10000 RS

What you'll learn?

  • (Vid. 10-10-19) Course outline,Paper Attempting Techniques
  • (Vid. 11-10-19) Consolidation of Financial Statements (Basic Introduction)
  • (Vid. 12-10-19) Fair Value adjustment,concept of Unrealized Profit
  • (Vid. 14-10-19) Calculation of Goodwill,Retained earnings and NCI
  • (Vid. 15-10-19) Concept of Cash in Transit and Goods in Transit
  • (Vid. 16-10-19) Concept of Cash in Transit and Goods in Transit
  • (Vid. 22-10-19) Comprehensive Question on Consolidation, Calculation of NCI (At Fair Value)
  • (Vid. 23-10-19,1/2) Concept of Inter Company Sale of Non-Current Asset, Negative Goodwill, Impairment of Goodwill
  • (Vid. 23-10-19,2/2) Concept of Inter Company Sale of Non-Current Asset, Negative Goodwill, Impairment of Goodwill
  • (Vid. 24-10-19,1/2) Concept of Negative Goodwill, Unrealized Profit, Depreciation in SOCI
  • (Vid. 24-10-19,2/2) Concept of Negative Goodwill, Unrealized Profit, Depreciation in SOCI
  • (Vid. 26-10-19, 1/2) Comprehensive Question on Consolidation
  • (Vid. 26-10-19, 2/2) Comprehensive Question on Consolidation
  • (Vid. 28-10-19, 1/2) Comprehensive Question on Consolidation
  • (Vid. 28-10-19, 2/2) Comprehensive Question on Consolidation
  • (Vid. 29-10-19, (1/2) Comprehensive Question on SOCI, Calculation on Goodwill, Calculation on Carrying amount of Investment
  • (Vid. 29-10-19, (2/2) Comprehensive Question on SOCI, Calculation on Goodwill, Calculation on Carrying amount of Investment
  • (Vid. 25-10-19, 1/2) Concept of Associates, Treatment of Unrealized Profit in Associates
  • (Vid. 25-10-19, 2/2) Concept of Associates, Treatment of Unrealized Profit in Associates
  • (Vid. 30-10-19, 1/2) Question on Deferred Tax
  • (Vid. 30-10-19, 2/2) Question on Deferred Tax
  • (Vid. 31-10-19, 1/2) Question on Deferred Tax from Study Text Example 36 (page # 365)
  • (Vid. 30-10-19, 2/2) Question on Deferred Tax from Study Text Example 36 (page # 365)
  • (Vid. 01-11-19 1/2) Calculation of Current Tax with Practice Questions
  • (Vid. 01-11-19 2/2) Calculation of Current Tax with Practice Questions
  • (Vid. 02-11-19, 1/2) Balance Sheet Approach to Deferred Tax, Prior Period Adjustments
  • (Vid. 02-11-19, 2/2) Balance Sheet Approach to Deferred Tax, Prior Period Adjustments
  • (Vid. 04-11-19, 1/2) Practice of Question Bank Question# 8.12
  • (Vid. 04-11-19, 2/2) Practice of Question Bank Question# 8.12
  • (Vid. 05-11-19, 1/2) Basic Concept with Practice Question
  • (Vid. 05-11-19, 2/2) Basic Concept with Practice Question
  • (Vid. 06-11-19, 1/2) Practice of Question Bank Question# 9.1
  • (Vid. 06-11-19, 2/2) Practice of Question Bank Question# 9.1
  • (Vid. 07-11-19, 1/2) Past Paper Attempt March & September, 2019
  • (Vid. 07-11-19, 2/2) Past Paper Attempt March & September, 2019
  • (Vid. 14-11-19) Recognition & Measurements
  • (Vid. 15-11-19) Recognition & Measurements with Practice Questions
  • (Vid. 12-12-19, against vid. 18 & 19 November) Revision & practice
  • (Vid. 20-11-19) Financial Liability with Question Bank Practice Questions
  • (Vid. 22-11-19) Recognition Criteria & Subsequent Measurement
  • (Vid. 25-11-19) Practice Questions from Question Bank
  • (Vid. 26-11-19) Treatment of Research & Development Cost
  • (Vid. 27-11-19) MCQ’s Discussion with Practice Questions
  • (Vid. 28-11-19, A) Notes to the Account, Disclosure
  • (Vid. 28-11-19, B) Discussion on Provision, Warranty, Contingent liabilities
  • (Vid. 29-11-19) Discussion on Provision, Contingent Assets & Liabilities, Difference between Adjusting & Non-Adjusting Events
  • (Vid. 02-12-19) Question Bank: Example# 31
  • (Vid. 05-12-19) Basic Discussion with Practice Question
  • (Vid. 06-12-19) Practice Questions from Study Text
  • (Vid. 09-12-19) Discussion on Operating segments & Introduction of Consolidation (Revision)
  • (Vid. 10-12-19) Discussion & Practice Question on Consolidation
  • (Vid. 03-12-19) Discussion on Provision, Warranty, Contingent liabilities Along with Practice Questions
  • (Vid. 19-12-19) Introduction & Example# 9
  • (Vid. 20-12-19) Introduction & MCQ’s
  • (Vid. 21-11-19) Practice Questions (From CFAP Book)
  • L# 1 (Vid. 23-12-19) Basic Concept with Practice Example# 4
  • (Vid. 24-12-19) Example 4 & 7
  • (Vid. 11-1-20, 1/3) Revision on Whole Consolidation of Financial Statements with practice Question
  • (Vid. 11-1-20, 2/3) Revision on Whole Consolidation of Financial Statements with practice Question
  • (Vid. 11-1-20, 3/3) Revision on Whole Consolidation of Financial Statements with practice Question
  • (Vid. 30-12-19) Brief Introduction with Examples
  • (Vid. 26-12-19) Question bank Question# 7.2
  • (Vid. 27-12-19) Question bank Question# 7.1, Disclosure of Change in Accounting Policy
  • (Vid. 31-12-19) Example# 10, 12, 14, 15 & 16
  • (Vid. 1-1-20) Introduction with Practice Questions
  • (Vid. 1-8-20) Revision of whole IAS # 12 (Income Tax)
  • (Vid. 2-1-20) Example# 18, 19 & 20
  • (Vid. 3-1-20) Example# 16, 21 & 25
  • (Vid. 7-1-20) Discussion on Ethical Issues in Financial Reporting

Course Description

Course Course Description
002- FAR-2

Financial Accounting and Reporting 2

# Topic Topic Description
1 Background of Financial Reporting

Background of Financial Reporting

Lecture Lecture Description
(Vid. 10-10-19) Course outline,Paper Attempting Techniques

L # 1 (Vid. 10-10-19) Course outline,Paper Attempting Techniques

# Topic Topic Description
2 Consolidation of Financial Statements

Consolidation of Financial Statements

Lecture Lecture Description
(Vid. 11-10-19) Consolidation of Financial Statements (Basic Introduction)

L # 1 (Vid. 11-10-19) Consolidation of Financial Statements (Basic Introduction)

(Vid. 12-10-19) Fair Value adjustment,concept of Unrealized Profit

L # 2 (Vid. 12-10-19) Fair Value adjustment,concept of Unrealized Profit

(Vid. 14-10-19) Calculation of Goodwill,Retained earnings and NCI

L # 3 (Vid. 14-10-19) Calculation of Goodwill,Retained earnings and NCI

(Vid. 15-10-19) Concept of Cash in Transit and Goods in Transit

L # 4 (Vid. 15-10-19) Concept of Cash in Transit and Goods in Transit

(Vid. 16-10-19) Concept of Cash in Transit and Goods in Transit

L # 5 (Vid. 16-10-19) Concept of Cash in Transit and Goods in Transit

(Vid. 22-10-19) Comprehensive Question on Consolidation, Calculation of NCI (At Fair Value)

L # 6 (Vid. 22-10-19) Comprehensive Question on Consolidation, Calculation of NCI (At Fair Value)

(Vid. 23-10-19,1/2) Concept of Inter Company Sale of Non-Current Asset, Negative Goodwill, Impairment of Goodwill

L # 7 (Vid. 23-10-19,1/2) Concept of Inter Company Sale of Non-Current Asset, Negative Goodwill, Impairment of Goodwill

(Vid. 23-10-19,2/2) Concept of Inter Company Sale of Non-Current Asset, Negative Goodwill, Impairment of Goodwill

L # 7 (Vid. 23-10-19,2/2) Concept of Inter Company Sale of Non-Current Asset, Negative Goodwill, Impairment of Goodwill

(Vid. 24-10-19,1/2) Concept of Negative Goodwill, Unrealized Profit, Depreciation in SOCI

L # 8 (Vid. 24-10-19,1/2) Concept of Negative Goodwill, Unrealized Profit, Depreciation in SOCI

(Vid. 24-10-19,2/2) Concept of Negative Goodwill, Unrealized Profit, Depreciation in SOCI

L # 8 (Vid. 24-10-19,2/2) Concept of Negative Goodwill, Unrealized Profit, Depreciation in SOCI

(Vid. 26-10-19, 1/2) Comprehensive Question on Consolidation

L # 9 (Vid. 26-10-19, 1/2) Comprehensive Question on Consolidation

(Vid. 26-10-19, 2/2) Comprehensive Question on Consolidation

L # 9 (Vid. 26-10-19, 2/2) Comprehensive Question on Consolidation

(Vid. 28-10-19, 1/2) Comprehensive Question on Consolidation

L # 10 (Vid. 28-10-19, 1/2) Comprehensive Question on Consolidation

(Vid. 28-10-19, 2/2) Comprehensive Question on Consolidation

L # 10 (Vid. 28-10-19, 2/2) Comprehensive Question on Consolidation

(Vid. 29-10-19, (1/2) Comprehensive Question on SOCI, Calculation on Goodwill, Calculation on Carrying amount of Investment

L # 11 (Vid. 29-10-19, (1/2) Comprehensive Question on SOCI, Calculation on Goodwill, Calculation on Carrying amount of Investment

(Vid. 29-10-19, (2/2) Comprehensive Question on SOCI, Calculation on Goodwill, Calculation on Carrying amount of Investment

L # 11 (Vid. 29-10-19, (2/2) Comprehensive Question on SOCI, Calculation on Goodwill, Calculation on Carrying amount of Investment

(Vid. 10-12-19) Discussion & Practice Question on Consolidation

L# 12 (Vid. 10-12-19) Discussion & Practice Question on Consolidation

(Vid. 11-1-20, 1/3) Revision on Whole Consolidation of Financial Statements with practice Question

L# 13 (Vid. 11-1-20, 1/3) Revision on Whole Consolidation of Financial Statements with practice Question

(Vid. 11-1-20, 2/3) Revision on Whole Consolidation of Financial Statements with practice Question

L# 13 (Vid. 11-1-20, 2/3) Revision on Whole Consolidation of Financial Statements with practice Question

(Vid. 11-1-20, 3/3) Revision on Whole Consolidation of Financial Statements with practice Question

L# 13 (Vid. 11-1-20, 3/3) Revision on Whole Consolidation of Financial Statements with practice Question

# Topic Topic Description
3 IAS # 28 Investment In Associates

IAS # 28 Investment In Associates

Lecture Lecture Description
(Vid. 25-10-19, 1/2) Concept of Associates, Treatment of Unrealized Profit in Associates

L # 1 (Vid. 25-10-19, 1/2) Concept of Associates, Treatment of Unrealized Profit in Associates

(Vid. 25-10-19, 2/2) Concept of Associates, Treatment of Unrealized Profit in Associates

L # 1 (Vid. 25-10-19, 2/2) Concept of Associates, Treatment of Unrealized Profit in Associates

# Topic Topic Description
4 IAS # 12 (Income Tax)

IAS # 12 (Income Tax)

Lecture Lecture Description
(Vid. 30-10-19, 1/2) Question on Deferred Tax

L # 1 (vid. 30-10-19, 1/2) Question on Deferred Tax

(Vid. 30-10-19, 2/2) Question on Deferred Tax

L # 1 (vid. 30-10-19, 2/2) Question on Deferred Tax

(Vid. 31-10-19, 1/2) Question on Deferred Tax from Study Text Example 36 (page # 365)

L # 2 (Vid. 31-10-19, 1/2) Question on Deferred Tax from Study Text Example 36 (page # 365)

(Vid. 30-10-19, 2/2) Question on Deferred Tax from Study Text Example 36 (page # 365)

L # 2 (Vid. 30-10-19, 2/2) Question on Deferred Tax from Study Text Example 36 (page # 365)

(Vid. 01-11-19 1/2) Calculation of Current Tax with Practice Questions

L # 3 (Vid. 01-11-19 1/2) Calculation of Current Tax with Practice Questions

(Vid. 01-11-19 2/2) Calculation of Current Tax with Practice Questions

L # 3 (Vid. 01-11-19 2/2) Calculation of Current Tax with Practice Questions

(Vid. 02-11-19, 1/2) Balance Sheet Approach to Deferred Tax, Prior Period Adjustments

L #4 (Vid. 02-11-19, 1/2) Balance Sheet Approach to Deferred Tax, Prior Period Adjustments, Effect of change in Tax Rates

(Vid. 02-11-19, 2/2) Balance Sheet Approach to Deferred Tax, Prior Period Adjustments

L #4 (Vid. 02-11-19, 2/2) Balance Sheet Approach to Deferred Tax, Prior Period Adjustments, Effect of change in Tax Rates

(Vid. 04-11-19, 1/2) Practice of Question Bank Question# 8.12

L # 5 (Vid. 04-11-19, 1/2) Practice of Question Bank Question# 8.12

(Vid. 04-11-19, 2/2) Practice of Question Bank Question# 8.12

L # 5 (Vid. 04-11-19, 2/2) Practice of Question Bank Question# 8.12

(Vid. 1-8-20) Revision of whole IAS # 12 (Income Tax)

L# 6 (Vid. 1-8-20) Revision of whole IAS # 12 (Income Tax)

# Topic Topic Description
5 IAS# 21 Effects of changes in Foreign Currency Transactions

IAS# 21 Effects of changes in Foreign Currency Transactions

Lecture Lecture Description
(Vid. 05-11-19, 1/2) Basic Concept with Practice Question

L # 1 (Vid. 05-11-19, 1/2) Difference between Functional and Presentation Currency, Basic Concept with Practice Question

(Vid. 05-11-19, 2/2) Basic Concept with Practice Question

L # 1 (Vid. 05-11-19, 2/2) Difference between Functional and Presentation Currency, Basic Concept with Practice Question

(Vid. 06-11-19, 1/2) Practice of Question Bank Question# 9.1

L # 2 (Vid. 06-11-19, 1/2) Practice of Question Bank Question# 9.1

(Vid. 06-11-19, 2/2) Practice of Question Bank Question# 9.1

L # 2 (Vid. 06-11-19, 2/2) Practice of Question Bank Question# 9.1

(Vid. 07-11-19, 1/2) Past Paper Attempt March & September, 2019

L # 3 (Vid. 07-11-19, 1/2) Past Paper Attempt March & September, 2019

(Vid. 07-11-19, 2/2) Past Paper Attempt March & September, 2019

L # 3 (Vid. 07-11-19, 2/2) Past Paper Attempt March & September, 2019

# Topic Topic Description
6 IFRS# 09 Financial Instruments

IFRS# 09 Financial Instruments

Lecture Lecture Description
(Vid. 14-11-19) Recognition & Measurements

L # 1 (Vid. 14-11-19) Recognition & Measurements

(Vid. 15-11-19) Recognition & Measurements with Practice Questions

L # 2 (Vid. 15-11-19) Recognition & Measurements with Practice Questions

(Vid. 12-12-19, against vid. 18 & 19 November) Revision & practice

L # 3 (Vid. 12-12-19, against vid. 18 & 19 November) Revision & practice (Example# 3 MK Limited)

(Vid. 20-11-19) Financial Liability with Question Bank Practice Questions

L # 4 (Vid. 20-11-19) Financial Liability with Question Bank Practice Questions

(Vid. 21-11-19) Practice Questions (From CFAP Book)

L # 5 (Vid. 21-11-19) Practice Questions (From CFAP Book)

# Topic Topic Description
7 IAS# 38 Intangible Assets

IAS# 38 Intangible Assets

Lecture Lecture Description
(Vid. 22-11-19) Recognition Criteria & Subsequent Measurement

L # 1 (Vid. 22-11-19) Recognition Criteria & Subsequent Measurement

(Vid. 25-11-19) Practice Questions from Question Bank

L # 2 (Vid. 25-11-19) Practice Questions from Question Bank

(Vid. 26-11-19) Treatment of Research & Development Cost

L # 3 (Vid. 26-11-19) Treatment of Research & Development Cost

(Vid. 27-11-19) MCQ’s Discussion with Practice Questions

L # 4 (Vid. 27-11-19) MCQ’s Discussion with Practice Questions

(Vid. 28-11-19, A) Notes to the Account, Disclosure

L # 5 (Vid. 28-11-19, A) Notes to the Account, Disclosure

# Topic Topic Description
8 IAS# 37 Provisions, Contingent Liabilities & Contingent assets

IAS# 37 Provisions, Contingent Liabilities & Contingent assets

Lecture Lecture Description
(Vid. 28-11-19, B) Discussion on Provision, Warranty, Contingent liabilities

L # 1 (Vid. 28-11-19, B) Discussion on Provision, Warranty, Contingent liabilities

(Vid. 02-12-19) Question Bank: Example# 31

L # 2 (Vid. 02-12-19) Question Bank: Example# 31

(Vid. 03-12-19) Discussion on Provision, Warranty, Contingent liabilities Along with Practice Questions

L # 3 (Vid. 03-12-19) Discussion on Provision, Warranty, Contingent liabilities Along with Practice Questions

# Topic Topic Description
9 IAS# 37, & IAS# 10 Provisions, Contingent Liabilities & Contingent assets, adjusting & Non-Adjusting Events

IAS# 37, & IAS# 10 Provisions, Contingent Liabilities & Contingent assets, adjusting & Non-Adjusting Events

Lecture Lecture Description
(Vid. 29-11-19) Discussion on Provision, Contingent Assets & Liabilities, Difference between Adjusting & Non-Adjusting Events

L # 1 (Vid. 29-11-19) Discussion on Provision, Contingent Assets & Liabilities, Difference between Adjusting & Non-Adjusting Events

# Topic Topic Description
10 IFRS# 8 Operating Segments

IFRS# 8 Operating Segments

Lecture Lecture Description
(Vid. 05-12-19) Basic Discussion with Practice Question

L# 1 (Vid. 05-12-19) Basic Discussion with Practice Question

(Vid. 06-12-19) Practice Questions from Study Text

L# 2 (Vid. 06-12-19) Practice Questions from Study Text

(Vid. 09-12-19) Discussion on Operating segments & Introduction of Consolidation (Revision)

L# 3 (Vid. 09-12-19) Discussion on Operating segments & Introduction of Consolidation (Revision)

# Topic Topic Description
11 IAS# 41 Agriculture

IAS# 41 Agriculture

Lecture Lecture Description
(Vid. 19-12-19) Introduction & Example# 9

L# 1 (Vid. 19-12-19) Introduction & Example# 9

(Vid. 20-12-19) Introduction & MCQ’s

L# 2 (Vid. 20-12-19) Introduction & MCQ’s

# Topic Topic Description
12 IAS# 8 Accounting Policies, Change in Accounting Estimates & Errors

IAS# 8 Accounting Policies, Change in Accounting Estimates & Errors

Lecture Lecture Description
L# 1 (Vid. 23-12-19) Basic Concept with Practice Example# 4

L# 1 (Vid. 23-12-19) Basic Concept with Practice Example# 4

(Vid. 24-12-19) Example 4 & 7

L# 2 (Vid. 24-12-19) Example 4 & 7

(Vid. 26-12-19) Question bank Question# 7.2

L# 3 (Vid. 26-12-19) Question bank Question# 7.2

(Vid. 27-12-19) Question bank Question# 7.1, Disclosure of Change in Accounting Policy

L# 4 (Vid. 27-12-19) Question bank Question# 7.1, Disclosure of Change in Accounting Policy

# Topic Topic Description
13 IFRS# 16 Leases

IFRS# 16 Leases

Lecture Lecture Description
(Vid. 30-12-19) Brief Introduction with Examples

L# 1 (Vid. 30-12-19) Brief Introduction with Examples

(Vid. 31-12-19) Example# 10, 12, 14, 15 & 16

L# 2 (Vid. 31-12-19) Example# 10, 12, 14, 15 & 16

(Vid. 1-1-20) Introduction with Practice Questions

L# 3 (Vid. 1-1-20) Brief Introduction with Practice Questions from Study text

(Vid. 2-1-20) Example# 18, 19 & 20

L# 4 (Vid. 2-1-20) Example# 18, 19 & 20

(Vid. 3-1-20) Example# 16, 21 & 25

L# 5 (Vid. 3-1-20) Example# 16, 21 & 25

# Topic Topic Description
14 Ethical Issues in Financial Reporting

Ethical Issues in Financial Reporting

Lecture Lecture Description
(Vid. 7-1-20) Discussion on Ethical Issues in Financial Reporting

L# 1 (Vid. 7-1-20) Discussion on Ethical Issues in Financial Reporting