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Basics of DT

1. Orientation & Overview

CFAP & MSA Orientation - Winter 2022Free

Overcome Failure

  • How to overcome failureBuy

Orientation - Summer 2023Free

2. IAS 12

Lecture 01Free

Lecture 02Free

Lecture 03Free

Lecture 04

  • Tax credits, Tax losses, Change in tax rateBuy

Lecture 05

  • Differing tax rates on asset recovery, Computation of total tax expenseBuy

Lecture 06

  • Reconciling actual & expected tax expense, P&L disclosures, Tax implications of dividendBuy

Lecture 07

  • Practice, S13 Q7, S14 Q4, W15 Q3Buy

Lecture 08

  • W15 Q3, SIC 25, Carry back of losses, Off-settingBuy

3. IAS 2

Lecture 09 (Part 01)

  • Scope, Carrying amount, What is included in cost, Methods to measure costBuy

Lecture 09 (Part 02)

  • FIFO vs W. Avg, Determining NRV, W17 Q5(a)(i)Buy

4. IAS 16

Lecture 10

5. IAS 38

Lecture 11

  • Scope, Initial cost, Subsequent additions, Cost model, Revaluation modelBuy

Lecture 12

  • Change from Cost to Rev model (or Vice versa), SIC 32, Cryptographic assets, Renewal, S14 Q7, S18 Q6(ii)Buy

6. IAS 40

Lecture 13

  • Scope, Initial cost, Cost model, FV modelBuy

Lecture 14

  • Transfers to/from Other StandardsBuy

Lecture 15

  • REITs & Similar investment companies, Disposals, Intra-group lease of IP, S15 Q2, S12 Q6, Deferred tax impactsBuy

7. IAS 41

Lecture 16

  • All conceptsBuy

8. IAS 20

Lecture 17

  • Scope, Grants related to income, Grants related to assets, Repayment of grantsBuy

Lecture 18

  • Non-monetary grants, Forgivable loans, Loans at below market rate of interest, W17 Q5, Deferred tax impactsBuy

9. IFRIC 1

Lecture 19

  • Decomm. cost, Treatment under Cost model, Methods of Revaluation, Treatment under Revaluation modelBuy

Lecture 20

  • S11 Q3 Adapted, Methods to treat acc dep when revaluing, Deferred tax impacts, S16 Q5 AdaptedBuy

10. IAS 36

Lecture 21

  • Scope, When to review for impairment, Levels of impairment, Individual asset FV less CTS, Individual asset VIUBuy

Lecture 22

  • Impairment of a revalued asset, Identifying CGU, Corporate asset, Calculating & allocating impairment in CGUs, Assets individually impaired in CGUsBuy

Lecture 23

  • Impairment reversal, Goodwill in CGUs (Introduction), Compensation for impairment, W17 Q1a, W19 Q1Buy

Lecture 24

  • W16 Q2, Disclosures, Deferred tax implicationsBuy

11. IFRS 5

Lecture 25

  • Scope, Held for sale criteria, Levels of IFRS 5, Non-current asset held for saleBuy

Lecture 26

  • Disposal group held for sale, Allocation of impairment loss in disposal groupsBuy

Lecture 27

  • Can a DG be a DO at the same time, Presentation of DO, Retrospective restatement, NCA held for distribution to owner, IFRIC 17, Interaction with IAS 40, Deferred tax impacts, W18 Q1b, W17 Q1a, W15 Q5b, W20 Q1bBuy

12. Financial Instruments

Lecture 28

  • Definition of financial instruments, What is a financial asset, Types of financial instruments and applicable standards, Accounting for FVTPL financial assetsBuy

Lecture 29

  • Accounting for FVTOCI equity investments, Accounting for Amortized financial assets (Initial, EIR, Subsequent, Change in contractual cashflows with or without transaction costs)Buy

Lecture 30

  • Accounting for Amortized financial assets (Transaction costs, Redemption at premium or discount, Floating rate instruments, Expected credit losses, Write-off)Buy

Lecture 31

  • ECL - further concepts, Simplified approach for certain financial assets, S19 Q5, Purchased or originated credit impaired financial assets Buy

Lecture 32

  • Purchased or originated credit impaired financial assets - further concepts, ECL - conclusion, Difference in year-end and interest payment date, Foreign currency denominated amortized cost financial assetsBuy

Lecture 33

  • FVTOCI Debt Investments (All concepts), W20 Q2Buy

Lecture 34

  • Reclassification of financial assets, IFRS 9 - Standard IE 15Buy

Lecture 35

  • Amortized Cost FA at low/zero rate of interest, Financial liability & its types, Amortized Cost FL (all concepts), FVTPL FL (all concepts), Derecognition of Financial assets, Designation of financial assets / financial liabilities as FVTPL.Buy

Lecture 36

  • Derivatives, Accounting for derivatives (forwards, futures, options) used for speculation purposes, Embedded derivations, S15 Q2Buy

Lecture 37

  • Impact of Guarantees & Collaterals on ECL, Heding & its types, Accounting for FV hedge, W12 Q2, S17 Q5, Basic concept of Cashflow hedgeBuy

Lecture 38 (Part 01)

  • Accounting for Cashflow hedge (further concepts)Buy

Lecture 38 (Part 02)

  • Accounting for Cashflow hedge (further concepts), Accounting for hedge of a net investment in foreign operationBuy

Lecture 39

  • Accounting for Compound financial instrumentsBuy

Lecture 40

  • Compound financial instruments (continued); Differentiating liability & equity; IFRIC 19; Regular way purchase & sale (intro)Buy

Lecture 41

  • Regular way purchase & sale - all conceptsBuy

Lecture 42

  • Deferred tax implications of Financial instruments, IFRS 7 disclosuresBuy

Lecture 43

13. IFRS 15 Revenue

Lecture 44 A

  • Basics of IFRS 15Buy

Lecture 44 B

  • 1. Basics of 5 step approach
    2. Implied price concession
    3. Significant financing component - Performance obligation earlier, Payment later
    4. Significant financing component - Mix of Performance obligation & Payment earlier & later
    Buy

Lecture 45

  • Further concepts relating to Steps 1, 2 & 3 of the 5 step process (including Performance obligation over time vs at point in time, Variable consideration and Others)Buy

Lecture 46

  • Further concepts relating to Steps 3 & 4 of the 5 step process (including Significant financing component, Methods to calculate SASP, Allocating discounts & variable consideration and Others) + S18 Q4(i)Buy

Lecture 47

  • S17 Q4, Customer loyalty programs, Contract modificationsBuy

Lecture 48

  • Warranties, Sale with a right to return, Sale and Repurchase agreementsBuy

Lecture 49

  • Licensing of Intellectual Property, Changes in estimates and Losses in long term contracts Buy

Lecture 50

  • W 14 Q3 (Changes in estimates and Losses in long term contracts)Buy

Lecture 51

  • Treatment of direct costs, Principal vs Agent in revenue contracts, W19 Q5, An interesting example of P.O. over time vs point in time, Barter transactionsBuy

Lecture 52

  • W20 Q1(a), S21 Q3Buy

14. IFRS 16 Leases

Lecture 53 (Part 1)

  • Basics of lease, Basic accounting for lesseeBuy

Lecture 53 (Part 2)

  • Basic accounting for lessorBuy

Lecture 54

  • Accounting for lessee changes i.e. Changes in estimates & lease modifications, W17 Q6Buy

Lecture 55

  • Accounting for lessor changes (finance lease), Accounting for lessor changes (operating lease)Buy

Lecture 56

  • Part 01 - Sale & leaseback (basic concepts)Buy
  • Part 02 - Variable payments not linked to index, Substantive substitution rights of lessor, W20 Q3Buy

Lecture 57 A

  • Sale & leaseback (advanced concepts)Buy

Lecture 57 B

  • Lease term & UGRVBuy

Lecture 58

  • Lease of land & bulding, Sub-lease, Separating lease & non-lease components, What is a lease?, Deferred tax impacts, Short-term lease / Lease of low value assets, Disclosures, W16 Q3, More than one change in leaseBuy

Lecture 58 B

  • Advanced concepts related to Sub-leaseBuy

15. Group FS

Lecture 59

  • Part 01 - Types of equity investments, Accounting for associates & joint venturesBuy
  • Part 02 - Accounting for associates & joint venturesBuy

Lecture 60

  • Accounting for associates & joint ventures (continued), Change in holding without change in significant influenceBuy

Lecture 61

  • Equity accounting - Intragroup eliminations, Equity accounting - Associate to investor sales, Equity accounting - deemed disposal, Loss making Associate / JVBuy

Lecture 62

  • Deferred tax implications of Equity accounting, Associate / JV held for sale (IFRS 5)Buy

Lecture 63

  • Part 01 - Consolidated & separate financial statements, Consolidation of subsidiary - basic exampleBuy
  • Part 02 - Consolidated & separate financial statements, Consolidation of subsidiary - basic exampleBuy

Lecture 64

  • Consolidated SFP (Basic example), S10 Q1 (Basic concepts of SFP including Intra-group transactions)Buy

Lecture 65

  • W-08 Consolidated SCI basic example (Basic concepts of SCI including Intra-group transactions)Buy

Lecture 66

  • Impairment of goodwill, Consolidated SOCIE basic exampleBuy

Lecture 67

  • Part 01 - Changes in holding of subsidiary scenarios, S16 Q1 (Decrease in NCI, Non-cash consideration, Deferred consideration, Contingent liability at acq., Impairment of subsidiary as CGU)Buy
  • Part 02 - S16 Q1 (Decrease in NCI, Non-cash consideration, Deferred consideration, Contingent liability at acq., Impairment of subsidiary as CGU)Buy

Lecture 68

  • Part 01 - W17 Q2 (Increase in NCI, Disposal of subsidiary, Bargain purchase)Buy
  • Part 02 - W17 Q2 (Increase in NCI, Disposal of subsidiary, Bargain purchase)Buy

Lecture 69

  • Part 01 - Complex group scenarios & basics, S18 Q2 (Complex group, Change in holding, Contingent liability at acq., Impairment of subsidiary as CGU)Buy
  • Part 02 - S18 Q2 (Complex group, Change in holding, Contingent liability at acq., Impairment of subsidiary as CGU)Buy

Lecture 70

  • Part 01 - S19 Q1 (Complex group, Piece-meal acquisition, Intra-group lease, Revaluation surplus, Joint venture)Buy
  • Part 02 - S19 Q1 (Complex group, Piece-meal acquisition, Intra-group lease, Revaluation surplus, Joint venture)Buy

16. IAS 21

Lecture 71

  • Presentation currency, Functional currency, Foreign currency, Presenatation = Functional, Coversion of foreign currency transactions & balancesBuy

Lecture 72

  • Translation of financial statements, Consolidation process for foreign subsidiaryBuy

Lecture 72 B

  • IFRIC 22 - Advance paymentsBuy

17. Group FS

Lecture 73

  • Part 01 - S17 Q1 (Complex group, Piece-meal acquisition, Foreign subsidiary, Foreign associate, Intra-group investment property)Buy
  • Part 02 - S17 Q1 (Complex group, Piece-meal acquisition, Foreign subsidiary, Foreign associate, Intra-group investment property)Buy

Lecture 74

  • Part 01 - W15 Q1 (Change in holding, SCI, Foreign subsidiary, Discontinued operations, Acquisition related costs)Buy
  • Part 02 - W15 Q1 (Change in holding, SCI, Foreign subsidiary, Discontinued operations, Acquisition related costs)Buy

Lecture 75

  • Foreign subsidiary acquire more than 1 years ago, Impairment of goodwill of a foreign subsidiary, Translation working tips & tricksBuy

Lecture 76

  • Part 01 - Exchange gain/loss on balance due from/due to foreign subsidiary, Net investment in foreign operation, Taxation in consolidation, W19 Q4, Concept of replacement awardsBuy
  • Part 02 - Exchange gain/loss on balance due from/due to foreign subsidiary, Net investment in foreign operation, Taxation in consolidation, W19 Q4, Concept of replacement awardsBuy

Lecture 77

  • Preparing both SFP & SCI, Accounting for JOs, Implications for companies setup by parent, W16 Q1Buy

Lecture 78

  • Part 01 - Concept of cashflow statement, Formats & Methods, W10 Q4 (Learning the process of preparing consolidated cashflow statement)Buy
  • Part 02 - Concept of cashflow statement, Formats & Methods, W10 Q4 (Learning the process of preparing consolidated cashflow statement)Buy

Lecture 79

  • Part 01 - Direct method cashflow statement, Notes to the statement of cashflows, W11 Q3 (process of preparing direct method cashflow, adjusting consolidated SCI/SCF)Buy
  • Part 02 - Direct method cashflow statement, Notes to the statement of cashflows, W11 Q3 (process of preparing direct method cashflow, adjusting consolidated SCI/SCF)Buy

Lecture 80

  • Part 01 - Statement of cashflows W18 Q5 (Acquisition of associate, Acquisition of subsidiary, Disposal of subsidiary, Changes in NCI, Foreign subsidiary)Buy
  • Part 02 - Statement of cashflows W18 Q5 (Acquisition of associate, Acquisition of subsidiary, Disposal of subsidiary, Changes in NCI, Foreign subsidiary)Buy

Lecture 81

  • Definition of a Business, Business combinations in the scope of IFRS 3, Exceptions to fair value of net assets at acquisition principle, Indemnification assetsBuy

Lecture 82

  • Re-acquired right, Contingent considerationBuy

Lecture 83

  • Part 01 - S17 Q4 (Replacement awards, compex goodwill computation, fair value rule exceptions, tax implications)Buy
  • Part 02 - W20 Q4 (Errors in created SFP, Investment property, deferred consideration, change in holding, foreign sub.)Buy

Lecture 84

  • Sale of ownership interest to Associate, Contribution of non-monetary assetsBuy

Lecture 85

  • Preference shares of subsidiary, Provisional fair values, Deemed disposal, Deemed increase in NCI, Reverse acquisition, Bonus shares issued by subsidiaryBuy

Lecture 86

18. IAS 19

Lecture 87

  • Types of employee benefits, Accounting for Short term employee benefits, Accounting for Compensated absences, Accounting for Termination benefits, Accounting for Defined contribution, Basics of accounting for Defined benefit plansBuy

Lecture 88

  • Accounting for defined benefit plans - All concepts including IFRIC 14Buy

Lecture 89

  • Projected unit credit method, Deferred tax implications, Other long term employee benefits, S16 Q2, W20 Q1dBuy

19. IFRS 2

Lecture 90

  • What is a share based payment, Equity settled share based payment and its types. Service condition, Performance condition. IG Example 1A & 2 Buy

Lecture 91

  • Performance condition, Market condition, Impact of various conditions in estimating FV at Grant date, IG Example 4Buy

Lecture 92

  • Intrinsic value method for certain equity settled share based payments, Cancellation or Settlement of equity settled share based payments, IG Example 10 Cancellation & Settlement ExampleBuy

Lecture 93

  • Modification of share based payments, IG Example 8 AmendedBuy

Lecture 94

  • Cash settled share based payments, IG Example 12Buy

Lecture 95

  • Equity settled share based payments with cash alternatives (Mix SBP). IG Example 13 Amended, IG Example 9 AmendedBuy

Lecture 96

  • Employee share purchase plan, Group share based payments, Reload feature, Deferred tax in share based payments, IG Example 11 & 14, Reload feature example, Deferred tax in share based payments exampleBuy

Lecture 97

  • Discussion on Exam Questions: S15 Q3b W16 Q4 W17 Q6b S18 Q6(i)Buy

Lecture 98

  • S 2021 Q4 (Consolidated statement of comprehensive income , Concept of non-cancellable lease term, Share based payments, Deemed disposal)Buy

20. IAS 33 (Revision of CAF topic ; Not directly in CFAP syllabus)

Lecture 99

  • Basic EPS, Restatement of comparatives, Issue at market value, Right issue at less than market value, Share splits & consolidations, Bonus issue, Buy back for value, Restatement of comparatives, Computation tables, Not for value issue after year endBuy

Lecture 100

  • Fundamentals of Diluted EPS, Potential dilutive instruments (PDIs), Share options, Convertible debenture & preference shares, Computation tablesBuy

Lecture 101

  • Exam Practice, Formats Disclosures, Continuing & discontinued operations, S12, Q3 (Que Limited)Buy

Lecture 102

  • Advanced concepts in Diluted EPS, Performance condition share based payment, Service condition share based payment, Partly paid sharesBuy

Lecture 103

  • Equity classified preference shares with imputed dividend, Equity classified preference shares with participating dividend, S17, Q2Buy

Lecture 104

  • EPS in interim financial statements (Quarterly/ Half Yearly etc. per IAS 34), Conversion of PDIs, S18, Q7Buy

Lecture 105

  • EPS in consolidated financial statementsBuy

Lecture 106

  • Buy back of shares at less than market valueBuy

21. Specialized FS

Lecture 107

  • Banks: Rules for preparing FS, Format & Content, Differences vs Normal Company, S19 Q3, W17 Q3Buy

Lecture 108

  • General & Life Insurance: Business structure, Rules for preparing FS, Format & Content, W18 Q3Buy

Lecture 109

  • Mutual Funds: Business structure, Rules for preparing FS, Types of funds, Format & Content, S18 Q5, W20 Q5Buy

Lecture 110

  • Employee benefit Trusts: Types, IAS 26, Rules for preparing FS, Format & Content, W14 Q4Buy

22. IAS 10 & 37

Lecture 111

  • All topics of IAS 10 & 37Buy

23. IAS 23

Lecture 112

  • All concepts excluding Exchange differences & Hyper inflationary economiesBuy

24. IFRIC 21

Lecture 113

  • All topics of IFRIC 21Buy

25. IFRS 8

Lecture 114

  • All topics of IFRS 8Buy

26. IAS 34

Lecture 115

  • All topics of IAS 34Buy

27. IFRS 6

Lecture 116

  • All topics of IFRS 6Buy

28. IFRS 13

Lecture 117

  • All topics, W17 Q1bBuy

29. IFRS 14

Lecture 118

  • All topics of IFRS 14Buy

30. IAS 8

Lecture 119

  • All topics of IAS 8Buy

31. IAS 23

Lecture 120

  • Exchange differencesBuy

32. IFRS 1

Lecture 121

  • All topics of IFRS 1Buy

33. IFAS

Lecture 122

  • All topics of IFASBuy

34. IFRS for SME

Lecture 123

  • All topics of IFRS for SMEBuy

35. IFRS 17

Lecture 124

  • All topics of IFRS 17Buy

36. IAS 24

Lecture 125

  • All topics of IAS 24Buy

37. IAS 29

Lecture 126

  • IAS 29 - Hyper inflationary economiesBuy

Lecture 126 B

  • Further concepts related to Hyper inflationary economiesBuy

38. IPSAS

Lecture 127

  • All topics of IPSASBuy

39. COVID Implications for FS

Lecture 128

  • COVID implications for FSBuy

40. Current developments at IASB

Lecture 129

  • Current developments at IASB - Standards to be published in next 3 to 5 yearsBuy

41. Ethics

Lecture 130

  • Code of Ethics for CA in BusinessBuy

42. Revision + Exam Handling

Lecture 131

  • Revision + Exam HandlingBuy

43. ICAP Winter 2021 Solutions

Lecture 132

  • ICAP Winter 2021 Solution Q1Buy

Lecture 133

  • ICAP Winter 2021 Solution Q2Buy

Lecture 134

  • ICAP Winter 2021 Solution Q3Buy

Lecture 135

  • ICAP Winter 2021 Solution Q4Buy

Lecture 136

  • ICAP Winter 2021 Solution Q5Buy

44. MSA1 Practice for AAFR students

Lecture 137

Lecture 138

Lecture 139

Lecture 140

Lecture 141

Lecture 142

45. Summer 2022 Solutions

Lecture 143

  • Summer 2022 Q1Buy

Lecture 144

  • Summer 2022 Q2Buy

Lecture 145

  • Summer 2022 Q3Buy

Lecture 146

  • Summer 2022 Q4Buy

Lecture 147

  • Summer 2022 Q5Buy

46. Summer 2022 Live Q&A Session

Lecture 148

  • AAFR Sum 2022 - Live Q_A # 1Buy

Lecture 149

  • AAFR Sum 2022 - Live Q_A # 2Buy

Lecture 150

  • AAFR Sum 2022 - Live Q_A # 4 (Part 1)Buy

Lecture 151

  • AAFR Sum 2022 - Live Q_A # 4 (Part 2)Buy

Lecture 152

  • AAFR Sum 2022 - Live Q_A # 5Buy

47. Winter 2022 Live Q&A Session

Lecture 153

  • AAFR - Winter 2022 - Q_A session 1Buy

Lecture 154

  • AAFR - Winter 2022 - Q_A session 2Buy

Lecture 155

  • AAFR - Winter 2022 - Q_A session 3Buy

Lecture 156

  • AAFR - Winter 2022 - Q_A session 4Buy

48. Summer 2023 Live Q&A Session

Lecture 157

  • Summer 2023 AAFR Live Q_A # 1Buy

Lecture 158

  • Summer 2023 AAFR Live Q_A # 2Buy

Lecture 159

  • Summer 2023 AAFR Live Q_A # 3Buy

Lecture 160

  • Summer 2023 AAFR Live Q_A # 4Buy

Lecture 161

  • Summer 2023 AAFR Live Q_A # 5Buy

Lecture 162

  • Summer 2023 AAFR Live Q_A # 6Buy

Lecture 163

  • Summer 2023 AAFR Live Q_A # 7Buy

49. Computer Based Exam Guidance

Lecture 164

  • Computer Based Exam Guidance for allBuy

Lecture 165

  • AAFR CBE GuidanceBuy