ICAI Campus 2024 Ind AS 116 Leases Concept and Interview Questions

>> YOUR LINK HERE: ___ http://youtube.com/watch?v=5y2xAyzJl38

Here are the links for the other videos: • Ind AS 115 • • Ind AS 115 Revenue Recognition| Conce... • Direct Tax Interview Questions • Part 1 • • Direct Tax Interview Questions for CA... • Part 2 • • Direct Tax Interview Questions for CA... • Statutory Audit Interview • Part 1 • • Statutory Audit questions (Part 1) • Part 2 • • Statutory Audit Interview Questions f... • Part 3 • • Statutory Audit Interview Questions f... • • FP A or Any Finance Interview • Part 1 • • FP A Interview Questions and Answers ... • Part 2 • • FP A Interview Questions and Answers ... • Part 3 • • FP A Interview Questions and Answers ... • • Internal Audit • • Crack The Code: Top Internal Audit In... • Investment Banking (Watch above 3 FP A as well • • Investment banking Advance Interview ... • Here are the 15 questions related to IND AS 116, formatted for easier readability and added timestamp. Select • 00:00 Concept of leases • 03:49 • 1. Core Principle of IND AS 116 • What is the core principle of IND AS 116, and how does it differ from the previous accounting standard? • 2. Definition and Types of Leases • Can you explain the definition of a lease and the types of leases under IND AS 116? • 04:43 • 3.Recognition and Measurement of Lease Liabilities and Right-of-Use Assets • How are lease liabilities and right-of-use assets recognized and measured under IND AS 116? • 4. Finance Lease vs. Operating Lease • What is the difference between a finance lease and an operating lease under IND AS 116? • 05:19 • 6. Discount Rates in Lease Accounting • Can you explain the concept of discount rates in lease accounting under IND AS 116? • 7. Accounting for Lease Modifications and Terminations • How do you account for lease modifications and terminations under IND AS 116? • • 06:07 • 8. Disclosure Requirements for Leases • What are the disclosure requirements for leases under IND AS 116? • • 9. Impact on Financial Ratios and Performance Metrics • How does IND AS 116 impact financial ratios and performance metrics? • 06:44 • 10. Industries Significantly Impacted by IND AS 116 • Can you provide examples of industries or companies that will be significantly impacted by IND AS 116? • 11. Transitioning from Existing Lease Accounting Standards • How do you transition from existing lease accounting standards to IND AS 116? • 07:34 • 12. Differences between IND AS 116 and IFRS 16 • Can you explain the differences between IND AS 116 and IFRS 16? • 13. Accounting for Short-Term Leases and Low-Value Leases • How do you account for short-term leases and low-value leases under IND AS 116? • 08:13 • 14. Lease Incentives • Can you explain the concept of lease incentives and how they are accounted for under IND AS 116? • • 15. Leasehold Improvements • How do you handle leasehold improvements under IND AS 116?

#############################

New on site