Insurance claim accounting under Ind AS | A short video

[CA. Priyanka Vazirani]

Link to the video presentation: https://youtu.be/b6OaAcY9kiI

This presentation on the 'GAAP Advisors' channel on YouTube discusses the accounting treatment for insurance claim income under the Ind AS framework. The presentation is based on an accounting policy published in financial statements of a listed company. The video discusses the appropriateness of the policy in terms of the timing of recognition of the claim income as well as its presentation, by considering the requirements of Ind AS 1, 8, 16, 20, 115, 116 and the ICAI's Conceptual Framework for Financial Reporting under Indian Accounting Standards (Ind AS).

Please watch this short video presentation and give your feedback through the comments' section on YouTube. Don't forget to subscribe to the 'GAAP Advisors' YoutTube channel for more such videos.