OpenTuition.com Free resources for accountancy students
Free ACCA lectures and course notes | ACCA AAT FIA resources and forums | ACCA Global Community
Sir but for the cash n equivalents br forward there is a cash balance of 12k and a bank overdraft of 16k aswell so dont we take it as a net amount of 4k negative cash n equiv b/fwd?
yes, from your post I believe it should be a net 4
Where had disappeared repayment of bank loan on 16000?
Is it in “Cash and cash equivalents”? – if it isn’t, post again and I’ll check out the video and the question in the course notes (incidentally, what’s the question called)
Please check the figures of given example 3 in notes on page 120. Inventory and CL (bank loan) differs from video example, also in Answers section of notes, page 229 cash b/f is (4000), not 12 000 like in video, it is something connected with changes in standard? In what example cash b/f is correct? . Also in notes answer I can’t fid repayment of bank loan by 16000. It should be financing activity cash outflow, it shouldn’t?
As I understood example in notes is updated, but video not.
Thank you for your lectures, Mike, they save a life !!!!
Liucinav – I seem to remember changing the example and I probably haven’t re-recorded the session
(is this the Liucina that I know from lectures?)
Thanks, It is nice, that you remember me:))
The figure for inventory B/F in the notes is now $33 (not $17) and so net cash flow is now $27.4 Everything else is the same.
Not really a problem, but thought I would mention it, just in case some people (like me!), get confused as to why their answer is different from the lecture.
Is my lecture out of date? When I change an example I sometimes forget to re-record the lecture. I’ll try to get to it this next season.
please explain how we treat a revaluation reserve in consolidated cash flow and which calculation it affects and also which heading on the cash flow it affects (I’m assuming investing activities)
It doesn’t appear in the cash flow – it’s not cash! It DOES affect the calculation of the amount spent on TNCA purchases because it accounts for some of the movement on the TNCA account
How are the dividends are calculeted – how did you split 10 600 into 10 000 own and 600 NCI dividents?
It’s given in the question! Look in the Statement of Changes in Equity
I’m confused with the Goodwill calculation. The NCI share seems to have been ignored, only the Goodwil for the Holding Company is included. Should the 10,000 Goodwill be split somehow between Holding Co and NCI, am I missing something?
You have to assume, in the lack of contrary information, that the nci is valued on a proportional basis and therefore has no goodwill
Could someone please explain how the goodwill impairment was calculated, please?
@paddycrehan, Calculate the fair value of the consideration paid. Calculate the figure fort he nci investment. Add the two together. Compare that total with the fair value of the subsidiary net assets as at the date of acquisition. The difference is goodwill. Compare that figure with the amount for INCA shown on the closing Statement of Financial Position. And what have you got?
@MikeLittle, Thanks Mike.
been practicing some cash flow exam Q’s and am finding i’ve missed a few items in my answer. Looking at the solutions these figures were all in the Question – therefore I’m thinking is it better to put too many lines in my answer (I mean will I be penalised if I put in too much, or just credit for the lines I get right?)
The lectures r perfect! He’s very good. Did i imply something else? English is not my 1st language sorry.
care to elaborate what was your problem with the lectures?
So…was my internet connection. All’s well now. u sir, don’t know the half of my probs but thank you.
Video works fine!! fix your PC before blaming others for your problems please!
This vid is gone as well. Put it back p’se. u shdn’t do that, suck people in then pull the plug! its cruel & am lost. Put vid back please
Cash-flow lectures are not working on iphone
No they aren’t
Only first p2 chapters are for the iPhone
It will take us some time to upload all lectures all over again to be compatible
okay got it, its balancing fig when compared to 10,000 in SOFP.
okay how did u calculate impairment there? I am lost
You must be logged in to post a comment.
ACCA F1 / FIA FAB Dec 2013 Exam was...
ACCA F2 / FIA FMA Dec 2013 Exam was...
ACCA F3 / FIA FFA Dec 2013 Exam was...
F4 Dec 2013 Exam was... Post comments
F5 Dec 2013 Exam was... Post comments
F6 Dec 2013 Exam was... Post comments
F7 Dec 2013 Exam was... Post comments
F8 Dec 2013 Exam was... Post comments
F9 Dec 2013 Exam was... Post comments
P1 Dec 2013 Exam was... Post comments
P2 Dec 2013 Exam was... Post comments
P3 Dec 2013 Exam was... Post comments
P4 Dec 2013 Exam was... Post comments
P5 Dec 2013 Exam was... Post comments
P6 Dec 2013 Exam was... Post comments
P7 Dec 2013 Exam was... Post comments
Return to top of page
Copyright © 2013 · Privacy and Cookies · Advertising · Contact us · Sitemap · Log in