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Bunhour Hong says
October 19, 2015 at 4:00 pm
In the real exam, is there any marks to write down the Zero amount? Say: Purchase of TNCA = 0
October 19, 2015 at 4:03 pm
No, no marks for that
April 29, 2015 at 5:50 am
I just find the revaluation TNCA is 60,000, but why it not adjust in the calculation of goodwill,
inv cost +nci-net assets-revaluation=goodwill? but then there will not good will.
October 2, 2013 at 2:42 pm
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?
October 2, 2013 at 6:20 pm
yes, from your post I believe it should be a net 4
September 8, 2013 at 11:19 am
Where had disappeared repayment of bank loan on 16000?
September 8, 2013 at 8:44 pm
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)
September 9, 2013 at 7:38 am
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 !!!!
October 2, 2013 at 6:23 pm
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?)
October 2, 2013 at 7:39 pm
Thanks, It is nice, that you remember me:))
August 29, 2013 at 11:53 am
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.
August 29, 2013 at 5:47 pm
Is my lecture out of date?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.
June 12, 2013 at 6:17 pm
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)
June 12, 2013 at 8:09 pm
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
June 4, 2013 at 7:48 pm
How are the dividends are calculeted – how did you split 10 600 into 10 000 own and 600 NCI dividents?
June 5, 2013 at 7:52 am
It’s given in the question! Look in the Statement of Changes in Equity
April 21, 2013 at 6:22 pm
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?
June 5, 2013 at 7:53 am
You have to assume, in the lack of contrary information, that the nci is valued on a proportional basis and therefore has no goodwill
December 10, 2012 at 5:17 am
Could someone please explain how the goodwill impairment was calculated, please?
December 10, 2012 at 12:14 pm
@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?
December 11, 2012 at 2:57 am
@MikeLittle, Thanks Mike.
November 30, 2011 at 2:12 pm
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?)
November 21, 2011 at 5:39 pm
The lectures r perfect! He’s very good. Did i imply something else? English is not my 1st language sorry.
November 21, 2011 at 2:11 pm
care to elaborate what was your problem with the lectures?
November 21, 2011 at 1:41 pm
So…was my internet connection. All’s well now. u sir, don’t know the half of my probs but thank you.
November 20, 2011 at 4:58 pm
Video works fine!! fix your PC before blaming others for your problems please!
November 20, 2011 at 2:40 pm
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
November 7, 2011 at 3:57 pm
Cash-flow lectures are not working on iphone
November 7, 2011 at 8:24 pm
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
September 4, 2011 at 8:34 pm
okay got it, its balancing fig when compared to 10,000 in SOFP.
September 4, 2011 at 8:13 pm
okay how did u calculate impairment there? I am lost
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