Profit & Loss v/s OCI - Understanding the logic!

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This video focuses on the logic behind introducing the concept of OCI.
Please drop in your suggestions. reviews. requests etc. in the comment box below
My Linkedin Profile: / hp1910
Instagram handle - @raiseyouracumen
Important Links:
Conceptual Framework by IASB - www.ifrs.org/issued-standards...
Conceptual Framework by ICAI - www.icai.org/post/conceptual-...
Article link:
www.accaglobal.com/lk/en/stud...
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Опубликовано:

3 окт 2020

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Комментарии : 38

@CAHiteshArora 4 дня назад

This was certainly very helpful and useful

@malavikamahadevan9702 3 года назад

Ive been trying to get a clarity on this since a long time.Thanks sir.This helped :)

@raiseyouracumen8038 3 года назад

Glad it helped Malavika!

@yellowseedkeke 10 месяцев назад

Thank you, it was so confusing as to why we do this, my mind wouldn't just mug stuff up and go forth for ca finals unless there's some logic and basis to things. This puts things into perspective a little. Appreciate it.

@user-eo6cf9iw2d Год назад

I was just wondering that I was the only one not getting the niche.. of this query.. thankfully you brought the torchlight to clarify the dust over this subject.

@arjungopalakrishnan2546 3 года назад

SIMPLE and HUMBLE

@poojap828 2 года назад

Thank you so much! This has been so helpful.

@shikhardwivedi5075 Год назад

Great video and very helpful for me as a CA final student . Thanks !

@raiseyouracumen8038 Год назад

Thanks Shikar and All the best for the finals!

@maheshkonde3524 3 года назад

Good video. Thank you

@madhuriwayal7708 Год назад

Very useful information!

@mohamedimthiyas6251 10 месяцев назад

Good explanation, very useful tutorial

@shaileengoel 3 года назад

During reclassification from OCI to PL, is the amount presented in Statement of PL or the amount is adjusted in PL balance of SOCE directly

@lalitsoni1992 2 года назад

Big fan of yours and this video. So happy to see this video. All the very best. This is very very informative. Keep sharing

@raiseyouracumen8038 2 года назад

Thanks Lalit! Glad you found this useful!

@deviousdossiers 2 года назад

USEFUL... THANKS A LOT

@MaxMustermann-sb1vl 2 года назад

Dear Mr. Patil, what are your thoughts on the measurement of crypto assets with no claim on the issuer within IAS 38? Would an approach under profit loss not be more precise than the revaluation method under OCI? I am currently writing my bachelor thesis about this topic. I would be happy to get your thoughts on that one. Thanks in advance and best regards Max

@muhammedshafi6010 Год назад

Thank you sir. now it's cleared

@marvel0024 2 года назад

Nice clarity 😍😍😍

@UshaDalmiya-vw2xj Год назад

Amazing video❤

@lalitmohanpandey2433 2 года назад

thanks your video is very helpful

@divyaalok5538 2 года назад

Awesome

@renunain8672 2 года назад

Change in value of investment are also dependent on market conditions..to..unko p&l mein kyun daalna???

@rehmannawazyousafzai7202 3 года назад

Kindly make a video on fair value of financial instruments under ifrs 9

@Nepali_Talents 2 месяца назад

Profit for the year is recorded in the other comprehensive income statement or not ?

@saaj472 3 года назад

Sir IS ind40 permit to revalue at fair value??? I thought IndAS 40 allowed only cost model

@raiseyouracumen8038 3 года назад

Yes Ind AS 40 allows for cost model, however the std encourages entities to measure the FV of investment property on the basis of valuation by independent valuer!