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Hello. For q4 why is the fair value of the non controlling interest used to find goodwill?

first attempt 80%, though I am writing ICAN not ACCA

I also thought that statement 2 only was correct because the question is talking about ABC and not the traditional…

i think its been depreciated already to get to 320 its 40 for 2 years hence 400-40-40 =320

Yes. Net profit per accounts adjutsed for disallowed expenditure and other tax relevant items

yes it is

Rollover relief is not available for investment in depreciating assets. This means that although the gain of 200k is HELD…

Got it. Thank you very much. I think examiners rarely test such questions, as it is quite easy and it…

No – you cannot be asked to draw the graph, but you could be given a graph and asked to…

It depends on what is told in the question about the tax timing. Here the tax is one year in…

You are welcome 🙂

Calculating the setup cost is using ABC. Basic absorption costing would simply spread the costs over the number of units.

or is it because it only says work out the set up costs for product X, so ABC doesn’t need…

for question 1, is ABC used in this? I thought it would be because cost driver is used in the…

Thank you for your lectures. I have a doubt. You’ve mentioned in the video at 10:07 that we’ll be asked…

Sir, I understand the calculation of capital allowances and balancing allowance, but I couldn’t figure out why in the lease…

Thanks for responding

“I’m human. It happens.” This is lovely – it’s the attitude I’ve seen at work among most accountants. In recognising…

i think they are updated every year because the IFRS 18 standard is new and they have a class on…

The amount we show as an expense in any one year is the cost incurred for that year – not…

No, because when she paid we will have credited receivables anyway.

I don’t understand why we add the $1000 prepayment from the last year as an expense in the SOPL for…

How about the Ann’s debt paid 2000, should we less her debt from accounts receivables ?

Get used to it

RIP Charlie Kirk

Well, Syed, that certainly is a challenge! I’m half expecting to see some queries from you on the Ask ACCA…

Have challenged my self to study here and take this exam in less than 2 weeks. Really appreciate the effort,…

Because the transaction affected the Revenue and COGS of Vader, not Maul

1. It’s not “note included”, he corrected the figure (Parents’ reavaluation gain should be 100) 2. It’s a matter of…

Yes they are 🙂