OpenTuition.com Free resources for accountancy students
Free ACCA lectures and course notes | ACCA AAT FIA resources and forums | ACCA Global Community
ACCA F9 lectures ACCA F9 notes
April 4, 2016 at 8:27 pm
Dear Sir, i have a question that if we convert the Dollar to Pounds now , we need 1,250,480 Dollars. and if we convert the Dollars to Pound at 10th of August we also need the same amount. Why dont we do it today? save the Pounds and pay it at later date. Is not it easy.
John Moffat says
April 5, 2016 at 6:32 am
We could, but then why save the pounds to a later date – why not pay the supplier immediately?! However most businesses give credit to customers and therefore also take credit from suppliers – if we allow customers (say) a month to pay us, then where will the money come from to convert now? (And, of course, when it is the other way round and we are receiving money in a foreign currency then we will have no choice but to wait (unless we insist on being paid immediately, in which case the customer is likely to buy from someone else who does give credit).
February 12, 2016 at 11:34 am
I got £/$ 0.6398-0.6441
am I correct?
February 12, 2016 at 2:32 pm
Well you can see for yourself that you are correct, because you get the same answer!! (The small difference is rounding and therefore irrelevant).
I don’t really know why you want to add in an extra step, but it doesn’t matter how you do it in the exam.
February 13, 2016 at 8:43 am
The only reason for me to ask about this is i ma not sure about the answer that I got (the small difference).
Sorry to reply you late as I cannot receive the system notification about your reply.
Thanks a lot!
Have a great day!
February 13, 2016 at 1:56 pm
You are welcome 🙂
October 31, 2015 at 6:37 pm
Sorry, I can only hear the sound, is there also video ????
November 1, 2015 at 10:21 am
Yes – there is video.
If you cannot see it then please ask on the support page (the link is above).
March 22, 2015 at 7:29 pm
Hello Mr Moffat
Just wanted to mention that this lecture is a repetition of part d of foreign exchange risk management.
March 22, 2015 at 7:33 pm
No it is not. It must be a problem at your end.
Go to the support page (the link is above) and you might find a solution there.
November 29, 2014 at 1:51 pm
would this form of questions come in exam
November 29, 2014 at 1:57 pm
I make it very clear in the lecture and in the course notes that you cannot be asked calculations on futures and that my little example is simply to explain the principle.
However, I also make it very clear that you can be asked to explain how futures work – that is why I go through the basic example.
November 6, 2014 at 2:12 pm
as per the new paper structure it is possible to get mcq questions (numerical) on futures, options and swaps?
November 6, 2014 at 4:36 pm
Although the structure has changed, the syllabus has not.
Numerical questions can not be asked on futures and options (and nor on swaps, which strictly is not in the syllabus at all).
November 6, 2014 at 12:26 am
Great lecture sir! Now I can start gambing 😀
October 10, 2014 at 1:57 pm
I have enjoyed every other chapter in the study text and your lectures are fantastic Mr Moffat! But this chapter is killing me! I keep yawning! 😀 😀
I need matchsticks in my eyes! lol
October 10, 2014 at 4:11 pm
Sorry for boring you 🙁
December 4, 2013 at 10:32 am
hi everyone. i just finished this part of the lesson, and i did not understand why the chosen exchange rate was 1.5831 for spot rate instead of 1.5726, as this goes with selling dollars and the study case was referring to buying dollars for paying thank you
December 4, 2013 at 1:32 pm
I assume that you are referring to example 8, in which case nobody is buying dollars.
In this example, R is in the US and is buying £’s (and therefore selling $’s)
March 16, 2013 at 1:41 pm
why we multiplying here instead of divide(800,000*1.5631)…can anybody help me plz
March 17, 2013 at 9:28 am
The lecture explains at the very beginning.
If 1 GBP = 1.5631 $’s, then 800,000 GBP must be equal to 800,000 x 1.5631 $’s.
March 17, 2013 at 2:36 pm
Thanks sir john …i did all the lecture from a to f .and now i understand all things in depth.
Thanks alot for these great lecture.
October 25, 2012 at 8:47 am
Very clear and well presented 🙂
Well done 🙂
November 22, 2011 at 9:01 pm
Great lecture! Thank you!
qamber hussain says
November 20, 2011 at 1:14 pm
so, nice. .
but the old version is better. . it stops while buffering , the old one didn’t … i never had any problem with that. But still all is wel .
You must be logged in to post a comment.
OpenTuition.com is dedicated to providing all accountancy students throughout the world with the resources they need to study for the major … Learn more