Comments

  1. avatar says

    Dear little Mike, Will it be possible u can record it before june 2014 any new chapter which is not recorded as i am going to sit in next june. ur my one of the best lecture ever i met. may god Bless u always. please reoly. :)

    • Profile photo of MikeLittle says

      Hi Hixam

      Substantially all the topics in those later chapters are either F7 revision or relatively straight forward. There is a revised chapter on single company reconstruction accounting – re-written last month and a bit of an amendment to consolidations – changes in group structures chapter

      Otherwise I have to rely on your own efforts for things like Revenue recognition

      • avatar says

        Dear mike,
        So from Chapter,

        17 Reconstructions 141
        18 IFRS 9 Financial Instruments 153
        19 IFRS 2 Share based payment schemes 159
        20 Report writing and interpretation of financial statements 167
        21 IAS 1 – Presentation of financial statements 173
        22 IAS 8 – Accounting Policies, Changes in Accounting Estimates and Errors 175
        23 IAS 24 Related parties (rps) 177
        24 IAS 34 Interim financial reporting – disclosures 181
        25 IAS 40 Investment properties (ip) 183
        26 IAS 12 Deferred tax (dt) 189
        27 IFRS 1 First Time Adoption of IFRS 197
        28 Management Commentary 201
        29 Small and Medium (sized) Entities – SMEs

        From this chapters, will there be any video available before next june? or shall i have to work my self? and relatively straight forward what u mean is only for chapter 16 or for those other chapter?

        thanx a lot mike, ur just gifted on earth n because of u people like us are understanding that we are studying. :)

      • Profile photo of MikeLittle says

        Hey Gingergirl – I am quite capable of answering my own messages, thank you.

        You are correct though – as I have said before (if not on this thread, then on another) Hixam, there are no plans just yet for me to record any more lectures on these “missing” topics

      • avatar says

        Sorry Mike – its just that I’ve read on here you making that same comment so often that I thought I would save you having to write it all again.

        :-)

  2. Profile photo of annchen says

    Really wish to have some lectures over chapters 17-28, especially reconstructions and share based payments :S
    You think you can have them “on time” before the December 2013 exam…? Would really be great!

      • Profile photo of MikeLittle says

        @gts7, I’m so sorry – I answered it, but it hasn’t appeared! So here goes again.

        In the working to determine whether any conversions are anti-dilutive, we ignore the earnings from the discontinued operation because it will not contribute to profits in the future and our Global Investor wants to know the situation “going forward”

        However, the basic question is “What would this year’s EPS have been if all these conversions HAD in fact taken place this year and the profits from Vanuatu DID contribute to this year’s earnings figure.

        Is that clear?

  3. avatar says

    Hello Mr. Mike.
    Your lecture was awesome :)
    Bravo to Mr. Mike and Admin.

    However Mr. Mike, I’d be lad if you’d clear my doubt on this:

    Why is it in the final step (calculation of DEPS) the brought forward earnings are $750,000 and not $600,000 as calculated in the second last step (determining if any instruments are anti-dilutive)?
    In other words why is it that the net earnings attributable to the discontinued operation of $150,000 not deducted from the $750,000?

    Thank you very much :)

  4. Profile photo of Miss A.. says

    Sir, in December 2012 P2 notes, we have $200,000 profit from discontinued operations which is included in earnings.So earnings would be 750,000 – 200,000=550,000 so EPS of equity shares b/f would be 550,000/4000,000=13.75

    (example 5)

    am i right?

  5. avatar says

    Hi!
    I think that Mike is doing great, great job and his tution is really above any expectations of mine. His explanations on every topic available on this site does help to understand the paper. However, because he is doing so great job and because of his briliant way of doing tution I would very much appreciate if you (opentution tutors) could put up the rest of the paper. If not the whole rest than at least those chapters containing exercises. Thank you very much, Mike

  6. avatar says

    Mr. Little, Admin, Do u not think you have a constructive obligation to put up IAS 39? Being that you’ve previously put up all those stds that r critical in the exams? Are u not now obliged to provide us with 39 as well? Our expectations of u r high & based on your past behavior of uploading lectures

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