AS 19 - Leases (In 1 Hour) || 100% ICAI Coverage - English || CA/CMA Inter || Shoaib Shoukath

🚀 Master AS 19 - Leases in Just 1 Hour! 🕒 In this comprehensive video, we dive into Accounting Standard 19 - Leases, covering all the essential concepts, classifications, journal entries, and practical solutions with 100% coverage from ICAI Study Material (January 2025 Edition). This video is your ultimate guide. 🔑 Timeline: 0:00 - Introduction 1:07 - Layman Basics 3:41 - Types of Leases 4:27 - Finance Lease Vs Operating Lease 12:47 - Minimum Lease Payment (MLP) 15:20 - Interest Rate Implicit in Lease 18:42 - Example 1 27:57 - Accounting in Books of Lessee (Finance Lease) 30:19 - Summary for Rate to be taken (Lessor Vs Lessee) 32:04 - Illustration 1 37:10 - Unearned Finance Income 40:40 - Illustration 2 42:07 - Accounting in Books of Lessee (Operating Lease) 44:01 - Example 2 46:13 - Sale and Lease Back 55:01 - Illustration 3 01:06:16 - Conclusion and Confidence 🔥 Don’t forget to LIKE, SHARE, and SUBSCRIBE for more videos and COMMENT on what all topics you needed in future!