01 Introduction to IAS 10

02 Events After the reporting period

03 Adjusting Events with Examples

04 Non Adusting Events with examples

05 Practice Question 1 Based on non adjusting events

06 Practice Question 2 Based on Adjusting Event

07 Practice Question 3 Based on Non Adjusting Event

08 Detailed Practice Question 4 Based on Adjusting Events

09 Detailed Practice Question 5 based on Non Adjusting Events

10 Going Concern Basis with Detaiked Examples

11 What is Dividend and its adjustments as Per IAS 10

12 Disclosures of IAS 10 FOR Non Adjusting Material Events

13 Comprehensive Practice Question 6 Attock LTD.

1. Introduction to provision with detail examples

2. Introduction to liabilities and comparison with provision

3. When to recognize a provision (Legal obligation & Constructive Obligation) 3 steps

4 Practice Question 1(Zee Ltd) based on recognition of provision

05 What is contingent liability with detail Definition & examples

06 Relationship between Provision and Contingent Liability with detail chart

07 Measurement (Best Estimates with Uncertainties)

08 What is Contingent Asset with Detail Definition and Example

09 What is Present Obligation and Past Event (Obligation Event Concept) in Detail

10 What is Owing Obligation (Detailed Concept)

11 Practice Question 2 (Shan Properties) based on Past Event and Present Obligation

12 Practice Question 3 (Kasur Eng) based on owing Obligation

13 Obligation on enhancement of new law

14 Probable Outflow of Economic Resources with Example

15 Summary Chart (Treatment of Remote,Possible,Probable,Virtually Certain and Certain)

16 Practice Question 4 (Oil Rig)

17 Practice Question 5 (Smoke Filters)

18 Time Value ,Future Events and Dispoal of Assets

19 Change in Provision and Reimbursement

20 Practice Question 5 (Sahiwal Manufacturing

21 Comprehensive Practice Question 6(Akber Chemicals)

22 Recognition Criteria of Contingent Assets

23 Detail Entries of Provision

24 Comprehensive Practice Question 7 Based on Entries of Provision

25 Disclosures of Provision in Financial Statement

26 Comprehensive Practice Question 8 (Entity A)

27 Contract (Future Cost) and Onerous Contract

28 Practice Question 10 (Illum ltD) Based on Onerous Contract

29 Comprehensive Practice Question 11 (Sky Line Ltd)

30 IFRIC 1 Introduction,Background & Scope

31 IFRIC Consensus & Cost Model with Detailed Entries

32 Comprehensive Practice Question 1(Adeel Ltd based on Consensus of Cost)

33 Consensus of Revaluation

34 Comprehensive Practice Question 6 (Multan ltd based on Consensus of Revaluation)

01 Intangible Asset intro its recognition criteria & Initial Measurement

02 Basics of Good Will its Types and Accounting Treatment

03 Internally Generated Items not to cap and Cap criteria of Internally Generated Items

04 Six Points of Development Criteria

05 Practice Question 1 on Development Criteria

06 Comprehensive Practice Question 2 R& D

07 Amortization, its requirement 7 amortization of Intangibke having infinite life

08 Intangible Asset Acquired in Exchange and through Govt Grant

09 Intangible Accquired in Business Combination with Example

10 Acquirees in Process Research & Development with Example

11 Measurement After Recognition(Cost & Revaluation Model) and Retirement & Disposal of Intangible

12 Detail Disclosures (General, Reconciliation & Additional Disclosures with Formats)

13 Comprehensive Practice Question 3 Toby Ltd (Based on Notes to Financial Statements)

14 Website Cost (SIC 32) Introduction,Issue & Exeptions

15 Stage wise Treatment of Expenditures(Planing,Development,Operating & Other)

16 Comprehensive Practice Question 5 Ajwa Ltd Based on Website Cost

17 Comprehensive Practice Question 4 SunShine Ltd (Based on Extracts of SOPL & SOFP)

01 Introduction to IFRS 08 Objective & Scope

02 Operating Segment definition and CODM

03 Identifying Operating Segments

04 Aggregation of Segments

05 Determining Reportable Segment

06 Practice Question 1 (How to Identify Reportable Segments)

07 Comprehensive Practice Question 2 Based on Identification of Reportable Segments

08 Disclosure Requirement of IFRS 8

09 Additional Information & Entry wide Disclosures

10 Comprehensive Practice Question 3(Gohar Ltd) Part A

01 IFRS 15 Intro and Core Principles

02 Five Step Model

03 Practice Question 1(Mr Shahid) applying five step model

04 Practice Question 2 (Mr Umer) Based on Transaction Price Allocation

05 Identify the contract (First Step Model)

06 Combination of the contract

07 Practice Question 3 (Mr Adil) based on combination of contract

08 Contract Modification (How a contract can modify)

09 Practice Question 4 (Mr Anjum) based on Contract Modification

10 Second Step Separate Performance Obligation

11 Practice Question 5(Pico Ltd) based on Performance Obligation

12 Third Step Determine the Transaction Price and Factors effecting it

13 Practice Question 6(Build Co) based on variable consideration

14 Practice Question 7(Enterprise) based on time value of money

15 Practice Question 8(Entity A) based on non cash consideration

16 Practice Question 9 (Mr J.J) Based on Consideration Payable to customer

17 Fourth Step Allocate Transaction Price to Performance obligation

18 Methods to Estimate Stand Alone Selling price with brief examples of each method

19 Fifth Step Recognise Revenue as performance obligation satisfies

20 Indicators when a control is transferred

21 Recording Revenue (Point in Time or over time)

22 Methods for Measuring Revenue over time

23 Contract Cost (In Obtaining a contract)

24 Contract Cost (Cost to Fulfill a Contract)

25 Amortisation and Impairment of Contract Cost(Asset)

26 Presentation in SOFP (Contract Asset & Liability)

27 Practice Question 10(X Ltd) based on ost to Fulfill a contract

28 Practice Question 11(Y Ltd) Amotisation of Cost

29 Comprehensive Practice Question 11 Based on Bill and Hold Agreement

31 Comprehensive Practice Question 13 (Maria Ltd) Based on Settelment Discount

32 Practice Question 14(Anum Ltd) Basedon Buyers Perspective

35 ICAP Past Paper Comprehensive Practice Question 17(Trich Mir Ltd) based on errors(Part A) Demo

36 ICAP Past Paper Comprehensive Practice Question 17(Trich Mir Ltd) based on errors(Part B)

01 Introduction to IFRS 16 and its key deffinitions

02 How to identify a lease contract

03 Present Value Concept in Detail with Practice Questions

04 Lease Amortization Schedule with Formats

05 Practice Question 2 on Lease Amortization (Arrear Installments)

06 Practice Question 2 based on PV of LP and Lease amortization schedule (At Start of Year)

07 Right to use Asset its Recognition and Concept of Short Term Lease and Lease of Low Value Asset

08 Practice Question 3 Based on Short Term Lase with Detail Entries

09 Practice Question 4 Based on Lease of Low Value Asset with entries

10 Concept of Lease Payment & Residual Value (Guaranted and Un Guaranted)

11 Practice Question 5 Based on Residual Value for Lessor and lesse (Guaranted and uN guaranted)

12 Detail Entries of Lessee both in Scenarion of Payment in Arrears and at start of year

13 Extracts of Financial Statements (Lesse )

14 Disclosure Requirement and Maturity Analysis for lesse

16 Lease Types of Lessor (Finance & Operating Lease) with Examples and Indicator

17 Lessor initial Recognition ,Gross Investment & Net Investments with Entries

18 Accounting for Finance Lease detail entries along with extracts

19 Accounting for Manufacturer & Dealer Lessor under Finance Lease wit Detail entries

20 Disclosure requirement of Finance Lease and Maturity Analysis with Reconiliation

21 Accounting for operating Lease its entry along with Manufacturer & Dealor Lessor explanation

22 Comprehensive Practice Question (Shoaib Leasing td) with Detail entries,Extracts and Notes

01 Introduction and Purpose oF Consolidation (IFRS 10)

02 Requirements & Exemptions of IFRS 10

03 Concept of a group and Group as a single economic entity

04 Pre & Post Accquisition

05 Comprehensive Practice Question 1 on Pre & Post ACCQUISITION

06 Introduction to Good Will its TYpes and Positive Good Will

07 Practice Question 2 Based on Positive Good Will

10 Sale of Stock from Subsidiary to Parent

11 Practice Question 4 Based on Sale of Stock from Subsidairy to Parent

12 Sale of Stock from Parent to Subsidairy

13 Practice Question 5 Based on Sale of Stock from Parent to Subsidary

14 Sale of Fixed Asset from Subsidiary to Parent

15 Sale of Fixed Asset from Parent to Subsidiary

16 Practice Question 6 Based on Sale of Asset from Subsidiary to Parent

17 Practice Question 7 Based on Sale of Asset from Parent to Subsidiary

18 Fair Value Adjustment

20 Comprehensive Practice Question 9 (Based on Asset Revaluation)

21 Intra Group Transactions and Mid Year Accquisition

23 Comprehensive Practice Question 11 (Haider & Saqib)

01 Basic of Consolidated Statement of Comprehensive Income, how to find out NCI along with Format

02 Pre Acquisition & Post Acquisition Profits

03 Practice Question 1 based on Pre & Post Acquisition Profits

04 Complications (Inter Company Tradings, Profits, Income & Dividends)

05 Fair Value Adjustment & Impairment of Good Will

06 Practice Question 1 on Inter Company Sales From Parent to Subsidiary (Where whole inter company stock was sold)

07 Practice Question Based on Inter Company Sales From Parent to Subsidiary (Where Partial stock was in hand)

08 Practice Question on Adjustments of Management Fees

09 Comprehensive Practice Question Based on Sale by Subsidiary to Parent with NCI Calculation

10 Comprehensive Practice Question on Consiolidtaed Statement of Comprehensive Income

01 Investment in Associate and Significant Influence and Special Criteria

02 Accounting in Seprate and Consolidated Financial Statements

03 Equity Method Procedure in Detail

04 Procedure& Concepts along with Presentation in Financial Statement

05 Concepts with Journal Entries from Intial Recognition to year end

06 Essential workings of Associate & Joint Venture and their effects on consolidation

07 Practice Question1 (Based on Significant Influence)

08 Comprehensive Practice Question 2 (Based on Sale of P.P.E to Associate) with Entries

09 Comprehensive Practice Question (Based on Sale of Stock to Associate) with Entries

10 Comprehensive Practice Question 4 (Hide Ltd) Consolidate P&L

01 Introduction to IAS 41 (Diff Between Biological Asset, Agriculture Produce and Agriculture Products)

02 Limitations of IAS 41

03 Accounting Treatment and Measurement

04 Treatment of Government Grants under Different Conditions

05 Comprehensive Practice Question 1(Gujranwala Foods Ltd)

06 Practice Question 2(The Dairy Company)

07 Practice Question 3 SOCI and SOFP Extracts (Zoha Limited)

08 Comprehensive Practice Question 4 (Mishall Ltd)

01 Introduction & Basics of Income Taxes

02 Key Definitions & Detail Discussion of Current Tax

03 Pratice Question1 (Kashif Traders) Based on Current Tax Calculations

04 Practice Question 2 (Jehlum Traders) Detailed Calculation of Current Tax

05 Recognition of Current Asset & Liability

06 Journal Entries of Current Tax from Year End t Payment of Tax

07 Comprehensive Practice Question 3 (Fresh Co) Based on Tax Entries,Ledgers and Extracts

08 Calculation of Deferred Tax,Carrying Amount & Tax Base Concept and Tax Base of Assets

09 Detailed Practice Question 04 Based on Calculation of Tax Base

10 How to find out Tax Base of Liabilities

11 Practice Question 5 Based on Tax Base of Liabilities

12 Temporary Differences and their types

13 Practice Question 6 Based on Finding of Temporary Differences

14 Measurement Basis, Deferred Tax Asset & Liabilty

15 Recognition Exemption ,unrecognition of Deferred Tax Asset and Current & Deferred Tax effects

16 Deferred Tax Approaches and their formats

17 Notes to the Financial Statemet in Detail

18 Comprehensive Practice Question (Adeel Ltd) Based on Extracts and Deferred Tax Approaches

19 Presentation Offsetting of Current and Deferred Tax Asset & Liability

20 Disclosures of Major Component of Tax Expenses and Additional Disclosures

21 Comprehensive Practice Question 8 Based on Tax Rate Change

22 Comprehensive Practice Question (Lux Ltd) Based on Notes to FS and Reconciliation on both Methods

23 Comprehensive Practice Question 10(Triangle Ltd) Based on Comparitive Figures and Tax Rate Cahnge

01 Introduction to IAS 1 and Purpose

02 Comparative Information and Fair Presentation

03 Compliance with IFRS and Departure

04 Going Concern Basis in Detail

05 Managements Assessment about Going Concern

06 Accrual basis, Offsetting and Frequency of Reporting

08 What is Refinancing Liability its concept in detail

09 Statement of Comprehensive Income (SOCI)

10 Analysis of Expenses and its methods

11 Comprehensive Practice Question 2 (Larry Ltd) based on Function Analysis

12 Practice Question 1(Classification of Current & Non Current Asset)

13 Practice Question 3 (Classification of Current & Non Current Liability)

01 Introduction To Financial Instrument, Definitions with Examples

02 Substance Over Form with Examples

03 Recognition & Classification

04 Measurement Basis in Detail

06 Practice Question on Measurement of Financial Assets (Equity) in Both PL and OCI

05 Practice Questions on Classifications

07 Comprehensive Practice Question Kalam Limited (Fair Value Effective RATE & cOUPON rATE)

01 Introduction to IAS 21 with Examples & Acounting Issues

02 Types of Currency with Indicators

03 Practice Question on Identification of Presentation Currency, Functional Currency & foreign currency

04 Rates its Types, Direct & Indirect Quote with Formulas

05 Monetary & Non Monetary Items with Examples

06 Initial Recognition & Subsequent Recognition

07 Practice Question 2 Based on Journal Entries of recording Initial Transaction

08 Practice Question 3 Based on Journal Entries Intial Recognition and Finding of Exchange Gain and Loss

09 Practicce Question 4 Based on Recognition of PPE and Calculation of Revaluation Gain on PPE

10 Comprehensive ICAP Practice Question 5 DND Limited

11 Comprehensive ICAP Practice Question 6 Tabrez Ltd