Revenue for Contracts IND AS 115 by CA Sumit Sarda

Course Discontinued

This course is no longer available and has been discontinued

Topic Name	Topic Length
Brief introduction to Ind AS 115	21 mins
Understanding the first step, identifying the contract	23 mins
Understanding the treatment in case of modification of contract	25 mins
Performance Obligation related to goods or service	27 mins
Questions on the above	20 mins
Transaction Price, concept of fixed and variable consideration	38 mins
Transactions with financial element embedded in it	34 mins
Non cash transaction related consideration	21 mins
Allocation of transaction price to goods	22 mins
Allocation of variable consideration in the transaction	21 mins
Concept of capitalization of contract cost	22 mins
Determination of Performance obligation related revenue over time or at a point of time	21 mins
Various aspects of recognition of revenue	107 mins
Service concession arrangements	20 mins
Difference from IFRS 15	19 mins
Difference from AS	22 mins

Meet Your Instructor

CA Sumit Sarda

Chartered Accountant by Profession, CA. Sumit Sarda has been teaching CA Final since 2011. He was a Faculty member also at ICAI Nagpur Chapter for IPCC Cost Accounting and CPT Statistics and also a faculty member for CA CPT Statistics at G.S. College, Nagpur. In the Span of 7yrs. he has taught more than 3000 students.