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June 2025 ACCA Exam Results

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ACCA F3 Accounting for Limited companies, the statement of Profit and Loss

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View ACCA F3 / FIA FFA lectures Download F3 notes


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Comments

  1. cafawin says

    July 4, 2017 at 9:42 pm

    Hi,
    Is this correct:
    A Sole Trader pays personal tax and is not shown on the SOFP or SOPL.
    A Limited Company will pay Corporation Tax and will be deducted on the SOFP.

    Many thanks,

    Catherine

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    • John Moffat says

      July 5, 2017 at 9:30 am

      That is correct 馃檪

      Log in to Reply
  2. sukhdebacca says

    May 7, 2016 at 5:36 pm

    Why a comany gives right issue other than public issue ?

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    • John Moffat says

      May 8, 2016 at 7:49 am

      It is cheaper and easier to ask existing shareholders to buy more shares then to have a public issue. (There is more as well, but not relevant until Paper F9).

      Log in to Reply
      • sukhdebacca says

        May 10, 2016 at 10:27 pm

        thank you sir.

      • John Moffat says

        May 11, 2016 at 6:42 am

        You are welcome 馃檪

      • iyamu says

        July 18, 2016 at 1:05 pm

        Thank you sir for this lecture but please know that not all of have accounting or mathematical backgrounds .. i was almost lost on how you got the new share of 2000 … 10000/5.(rights issue )

  3. balomenos86 says

    January 22, 2016 at 3:06 pm

    Hi,

    Just a quick question if you dont mind. Going through Kaplan’s chapter about finance structure, I see that there are more parts regarding debt issuance as well as corporation tax. Are these stuff going to be part of the exams? Non of them are explained in this video.

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    • John Moffat says

      January 22, 2016 at 6:14 pm

      What is in our lectures is what we teach on courses, and is enough to be able to pass the exam well 馃檪

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  4. sifiso says

    January 15, 2016 at 7:25 am

    Hi John
    Apologies for asking here. I’ve posted twice a question on ASK THE TUTOR forum but so far no response. May I post it here perhaps?

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    • John Moffat says

      January 15, 2016 at 8:01 am

      Please ask in the Ask the Tutor Forum but check that you are actually submitting it.
      The only question you have posted about F3 was on December 24th – it was in the normal F3 forum (not Ask the Tutor) but I did still answer it on the same day.
      (You also posted a question in the F2 forum 4 months ago, and one in the technical support forum 8 months ago)

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  5. ahmedmowla says

    October 19, 2015 at 8:40 pm

    sir please explain how to get the right answer?
    A UK private company has one million ordinary shares of 拢1 nominal value. Their estimated value as an investment is 拢2.20 each. The company wishes to raise a further 拢600,000 from a rights issue.
    The directors decide to offer the new shares at 拢2.00 each to the existing shareholders and estimate that 60% of the shares offered will be bought.
    Which of the following rights issues should be offered?
    (a) 1 for 2

    (b) 2 for 5

    (c) 3 for 4

    (d) 3 for 5

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    • John Moffat says

      October 19, 2015 at 8:41 pm

      Please ask this sort of question in the F3 Ask the Tutor Forum, and not as a comment on a lecture.

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      • ahmedmowla says

        October 20, 2015 at 7:54 am

        thnks tutor

  6. azzad says

    October 17, 2015 at 12:06 pm

    ordinary share capital
    5000000 shares of 25 c each 125,000
    share premium account 100,000

    in the year ended 30 june 20*3 the company made a rights issue of 1 share for every 2 held at $ 1 per share and this was taken up in the year the company made a bonus issue of 1 share for ever held ,using the share premium account for the purpose.
    what was the companys capital structure at 30 june 20*3?

    sir i didn’t understand this ques .

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    • John Moffat says

      October 17, 2015 at 3:35 pm

      It wants to know the balances on the share capital and share premium accounts at the end of the year (after the rights issue and after the bonus issue).
      I go through how to do these sort of questions in the lecture.

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      • azzad says

        October 18, 2015 at 4:20 pm

        sir can you please do the math and explain it

      • John Moffat says

        October 18, 2015 at 10:53 pm

        The answer is at the back of the lecture notes, and the explanations are all given in the lecture.

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