๐ DAY 4 โ REMAINING ACCOUNTING STANDARDS ๐ 7:00 โ 7:45 AM ๐ AS 1 โ Accounting Policies ๐ Fundamental accounting assumptions ๐ Disclosure rules ๐ 7:45 โ 8:30 AM ๐ AS 4 โ Contingencies & Events after Balance Sheet Date ๐ง Adjusting vs non-adjusting events ๐ฃ 8:30 โ 9:15 AM ๐ AS 5 โ Prior Period Items ๐งฎ Extraordinary items ๐ Change in estimate ๐ 9:15 โ 10:00 AM ๐ AS 9 โ Revenue Recognition ๐งฎ Sale of goods ๐งฎ Rendering of services ๐งฎ Interest, royalty & dividend โ๏ธ 10:00 โ 10:30 AM ๐ฅฃ Breakfast ๐ 10:30 โ 11:15 AM ๐ AS 10 โ Property, Plant & Equipment (PPE) ๐งฎ Cost & subsequent expenditure ๐ Derecognition ๐ฆ 11:15 AM โ 12:00 PM ๐ AS 2 โ Valuation of Inventory ๐งฎ Cost vs NRV ๐งฎ FIFO / Weighted Average ๐ 12:00 โ 1:30 PM ๐ AS 17 โ Segment Reporting ๐ Business vs geographical segments ๐ฝ 1:30 โ 2:30 PM ๐ฑ Lunch ๐ 2:30 โ 3:00 PM ๐ AS 18 โ Related Party Disclosures ๐ Relationship & disclosures ๐ 3:00 โ 3:30 PM ๐ AS 24 โ Discontinuing Operations ๐ง Initial disclosure event ๐ 3:30 โ 4:00 PM ๐ AS 25 โ Interim Financial Reporting ๐ Minimum contents ๐ 4:00 โ 4:30 PM ๐ AS 11 โ Foreign Exchange ๐งฎ Monetary vs non-monetary items โณ 4:30 โ 4:45 PM ๐ถโโ๏ธ Break ๐ 4:45 โ 5:15 PM ๐ AS 12 โ Government Grants ๐งฎ Capital vs revenue grants ๐ 5:15 โ 5:45 PM ๐ AS 22 โ Accounting for Taxes on Income ๐งฎ Timing differences ๐งฎ Deferred Tax Asset & Liability ๐ 5:45 โ 6:15 PM ๐ AS 28 โ Impairment of Assets ๐งฎ Recoverable amount ๐ก 6:15 โ 6:45 PM ๐ AS 29 โ Provisions, Contingent Liabilities & Assets ๐ง Provision vs liability ๐ Disclosure requirements ๐ฝ 8:30 โ 9:30 PM ๐ Dinner ๐ค 9:30 โ 10:00 PM ๐ Calm reading ๐ Definitions & recognition rules only ๐ 10:00 โ 11:30 PM / max 11:59 PM โก๏ธ Quick Scan ONLY ๐งพ Headings ๐ Disclosure points
DAY 4 โ REMAINING ACCOUNTING STANDARDS ๐ 7:00 โ 7:45 AM ๐ AS 1 โโฆ โ CA NOTE HUB โ TG.ME
Forwarded fromDarshan Makwana
August 30, 2026 1.9K 7