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March 5, 2015 at 10:58 pm
please I have a problem with overhead reapportionment in F2
John Moffat says
March 6, 2015 at 8:51 am
Why have you asked this under a lecture on a Paper F3 topic?
You will find lectures on overhead apportionment in the Paper F2 lectures.
March 7, 2015 at 1:27 pm
I don’t understand you
I said I don’t understand overhead reapportionment
The reciprocal method in F2
March 7, 2015 at 1:33 pm
I know what you said, but you wrote your comment under a Paper F3 lecture on Depreciation and IAS 16.
Again, you will find lectures on overhead apportionments (including reciprocal) in the Paper F2 list of lectures.
March 7, 2015 at 1:52 pm
Ok thank you very much
March 7, 2015 at 2:09 pm
Please can you explain the Revaluation of an asset to me
March 7, 2015 at 2:13 pm
It is dealt with in the lecture on Company Accounts.
March 5, 2015 at 5:21 pm
I have a question that if we purchase an asset and we know that its value will increase instead of decrease with the passage of time(e g, we purchase a building and we know that its value will increase with time).Should we depreciate such an asset or not??
March 6, 2015 at 8:50 am
Yes – you have to depreciate per IAS 16 (if it is an asset with a limited life).
The purpose is not to show a true value, but to spread the cost over the useful life.
(If the value does increase substantially, then you are allowed to revalue – but this is a separate issue.)
March 6, 2015 at 10:07 pm
Thank you very much.extremely helpful
MD FAISAL says
January 16, 2015 at 1:56 pm
May 11, 2014 at 11:30 pm
super easy to understand.thank you
January 23, 2014 at 6:59 pm
if the question says charge a full years depreciation charge on the year of purchase , and the asset was purchased on 31dec and the year end is on that day do we still charge a full years charge?
January 23, 2014 at 7:04 pm
Ask yourself “What does it mean when it says “a full years depreciation in the year of purchase””?
Was it bought during the year? YES? Then charge a full year’s depreciation! It’s as simple as that.
The same (apparently) illogical thinking goes into “and none in the year of sale” If we sell on 31 December, is it there as at the end of the year? NO? Then no depreciation.
Ee King says
September 11, 2015 at 12:16 pm
December 23, 2013 at 10:15 am
Help me,why I can’t watch it??
December 23, 2013 at 10:46 am
Have you looked at the support page (there is a link to it below the lecture)?
September 4, 2013 at 2:13 pm
, with a full years charge in the year of purchase. what does’ charge in the year of purchase’ mean? plz help
September 4, 2013 at 7:20 pm
It means that in the year that you bought the asset you charge depreciation for the whole year – even if you only had the asset for part of the year.
(The alternative is proportionate depreciation, in which case if you only bought the asset (say) 9 months through the year, then you only charge depreciation for the 3 months that you owned it. With ‘a full years charge in the year of purchase’ you would calculate depreciation as though you had owned it for the whole year.)
September 10, 2013 at 8:34 pm
thank you aloot perfectly understood! thanks aloot God bless you.
November 18, 2013 at 4:09 pm
which book is referred here? Of Kaplan or BPP?
November 18, 2013 at 4:10 pm
The lecture is based on our own Course Notes. The link for downloading them free of charge is just above the lecture (on the right hand side).
September 1, 2013 at 7:52 pm
am trying to download this lecture but i dont know where to go please help asap
May 18, 2013 at 9:46 pm
I loved all of you’re lectures, Simple and easy to understand the topic. From the basic to the most difficult areas were well explained with examples :):)
Thanks so much!
Heswin Rao Appadoo says
April 28, 2013 at 3:46 pm
is there no error in the example 2?why 3000 of deprecition was considered instead of 2250?
April 28, 2013 at 3:50 pm
ok sorry i didnt read properly
good job.great lecture
April 23, 2013 at 5:42 pm
do the lectures cover the exam syllabus as i might use dis to practice for my exams.
March 14, 2013 at 12:45 pm
Lectures are outstanding. Simply the best lecturers ever. Thank you.
March 14, 2013 at 6:13 pm
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