IAS 8: Accounting Policies, Changes in Accounting Estimates and Errors. |With Solved Questions|
Entities will prepare and present financial statements anyhow when not govern or guided a by specific policy, standard or principle. How will management of a firm treat an item or transaction that do not have any accounting standard or policy? How will a change in existing accounting standard or policy be effected by entities? How should estimates and errors be accounted for? The answer to the above questions are contained in the video above. All the information needed to understand the international accounting standard 8 as well solving practical questions are provided in the video. Thanks for learning with us. RONAS: Comprehending the Complications.
Questions Link: drive.google.com/drive/folder...
Chapters
00:00 Introduction
07:15 Selection of Accounting Policy
12:15 Change in Accounting Policy
16:53 Accounting treatment of Change of in Policy
18:37 First practical sample question solutions
28:57 Estimates
34:27 Errors
36:47 Second practical question solutions
46:57 Third practical sample question solutions
55:01 Disclosure requirements
Channel link: / @ronasacademy
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Пікірлер: 26
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easily understandable, Thank you
If the item included in inventory was sold in the year, why was sales not affected in the solution to question since sales proceeds was Dr cash and Cr Sales
👏👏
Thanks for this Sir
Great lesson
I really love your videos,it's very understandable.
@ronasacademy
Жыл бұрын
Thanks for the feedback.
Great
Great lesson 🔥
This is amazing. More of this, please. I'm in my second sem of majoring in accounting and I've regreted reading it already. Is accounting that diffficult or my lecturers just suck? 😂😂😂😂😂😂
@ronasacademy
Ай бұрын
Ops! Accounting is not difficult; get rid of that mentality. You can reach out at +233542341911, so we can take it from there.
Thank you🇿🇦
Great video 👍🏾👍🏾👍🏾. Please how do I get the questions?
@ronasacademy
9 ай бұрын
please send a mail via ronasacademy@gmail.com
Thank you very much sir😊 Easy to understand But pls sir how can I have the questions
@ronasacademy
5 ай бұрын
DM via email please
Thank you so much, that is a good explanation.
I couldn't get the question
@ronasacademy
Жыл бұрын
You mean you don't understand?
greeat work but please work on the video quality
@ronasacademy
Жыл бұрын
Noted pls
Please do ias 9
@ronasacademy
Жыл бұрын
Do you mean IFRS 9?
@monicakhumbelo6341
11 ай бұрын
Yes
easily understandable, Thank you