Ch 11: Regulatory Framework of Accounting 

1. Lectures with Illustrative disclosures

1-1 Introduction [O]

1-2 Classification of companies [O]

YouTube Video (11 minutes)

Notes PDF - FL157


Query: Sir kindly ye clear Kar dein keh [MSC/SSC] mein jo conditions hain ye sari meet ho too classify karein ga na ke (LSC) ki Tarah koi ak condition bi meet hoo Jae too usse classify Kar dein?

Response: 

for PIC: any of the two criteria.

for LSC: any of the three criteria.

for MSC: All three (for public and private separately)

for SSC: All three

1-3 4th and 5th Schedule: General Requirements [I]

1-4 4th and 5th Schedule: Statement of financial position [I]

1-5 4th and 5th Schedule: Statement of profit or loss [I]

2. Comprehensive Examples

2-1 Q&A Banana Limited (ICAP Autumn 2018) [R]

2-2 Q&A Safeguard Limited (ICAP Spring 2021) [I]

2-3 Q&A Arrow Limited (ICAP Autumn 2022) [R]

2-4 Q&A Calm Limited (ICAP Spring 2022) [R]

2-5 Q&A Radium Limited (ICAP Spring 2023) [R]

3. Objective Based Q&A

3-1 MCQs [1 to 23] [O]