OpenTuition | ACCA | CIMA
Free ACCA and CIMA on line courses | Free ACCA, CIMA, FIA Notes, Lectures, Tests and Forums
Sign up with YouTube premium to watch our lectures Ad-free and download them to watch offline.
Specially for OpenTuition students
May 20, 2021 at 11:20 pm
Hallo John, I used to use Reuters, Bloomberg, and many many other services. Every time the first currency is base and equals to 1, the second one is quoted.
Do you know why on ACCA exam it is other way round? It is so confusing…
John Moffat says
May 21, 2021 at 9:14 am
Different countries and different institutions quote exchange rates in different ways as regards which currency is quoted against the other currency. I explain the way in which they are quoted in exam questions.
May 13, 2021 at 10:36 pm
I am preparing for my June sitting.
Is there any lecture available where you have explained the conversion of foreign currency i.e. when to multiply or divide (in detail)?. As I am still struggling with the basic part.
May 14, 2021 at 8:45 am
It is explained in this lecture!
February 11, 2021 at 1:54 am
Thank you very much sir. The way you explained it is great! I was so confused before watching the lecture.
February 11, 2021 at 7:51 am
Thank you for your comment 🙂
January 29, 2021 at 10:08 am
Hi Mr John,
Thank you so much for this video. It was difficult to get the logic by only self studying. God bless you.
January 29, 2021 at 3:49 pm
I am pleased that you found it useful 🙂
November 16, 2020 at 8:07 am
Really Helpful! Thank you so much! 🙂
November 16, 2020 at 8:24 am
adiru deen says
September 14, 2020 at 11:21 am
Dear Mr. John,
Kindly help me with this if you are given inflation rate of 8% and operating profit for various years as cash flow then you have operating profit after depreciation also. and was told all these profit are on real terms.
Is it right to inflate the operating profit after depreciation by the rate of 8% and then add it back to the various operating profit to get the cash flow and then inflate these cash flow figure by 8%?
September 13, 2020 at 8:13 am
Mr. John Moffat,
Really helpful lectures! Thanks a lot.
I took the remote AFM Exam on Friday. The paper was a relatively straight forward one but I couldn’t finish the paper on time. I guess my practice with the computer wasn’t sufficient and I felt very unfamiliar with the response format. Also, in the last 20 minutes of the exam, the connection to the server was lost and couldn’t be restored for a while (an hour!). So the exam i believe got submitted anyways.
Nevertheless, all the lectures were clearly explained and I thank you again sir.
I will be starting to work on the AFM again with the computer because I am not confident I would get a pass on this one. However, I am glad that the fail is not because of a lack of sufficient knowledge and will work harder for the next one!
September 13, 2020 at 9:25 am
May 16, 2020 at 9:16 pm
Hi John! Thanks for the lessons. They are great.
Could please explain me a easy way to know when I should consider as call option or put option. I understand the a call option gives the right to buy and put option gives the right to sell.
For example in the UK and have:
to pay dollars
to receive dollars
Which option should I used for each situation?
May 17, 2020 at 9:21 am
If you are paying dollars then you need to buy dollars and sell pounds.
Which options you buy depends on which currency the options are quoted it – you need a call option in dollars (because you want to buy dollars) or a put option in pounds (because you want to sell pounds).
In future please ask this sort of question in the Ask the Tutor Forum rather than a comment on a lecture 🙂
April 13, 2020 at 1:42 am
Really good lecture.
April 13, 2020 at 7:37 am
You must be logged in to post a comment.