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Group Accounts The Consolidated Statement of Financial Position (1b)

VIVA

View ACCA F3 / FIA FFA lectures Download F3 notes


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Comments

  1. sally925 says

    September 23, 2013 at 12:15 am

    Hi @opentuition_team
    The video’s were perfectly fine uptill yesterday but today they just won’t play. And this has never happened to me before. I did everything that’s on your support page but nothing. Please assist. Thanks!

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    • sally925 says

      September 23, 2013 at 12:19 am

      It keeps giving me the error : Server not found: rtmpt://r.acca.opentuitioncom.netdna-cdn.com:80/play

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      • James says

        September 24, 2013 at 4:58 pm

        That has happened to me occasionally, although a day or so later they were working fine. Are you sure it is all videos that are not working? I tihnk it may have something to do with high traffic? (although that really is a complete guess)

      • sally925 says

        September 24, 2013 at 5:13 pm

        It had never happened to me before, just that day! and yes it was the same with all the videos’ but the next day it was all fine thankfully! PHEWW!

  2. nicklas says

    July 24, 2013 at 8:14 pm

    I’m getting ‘server not found’. But I watched the last video. My browser is ok. Please advise. Thanks.

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    • opentuition_team says

      July 24, 2013 at 9:08 pm

      it;s internet, these things do happen, it should be OK now

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  3. Mohammad Ibrahim says

    April 18, 2013 at 3:43 pm

    and for the ‘goodwill’ part why we dont add the post retained earnings and only add the pre retained earnings?

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    • John Moffat says

      April 18, 2013 at 5:42 pm

      We are comparing what the parent paid for the shares, with what the subsidiary was ‘worth’ at the time we bought the shares.
      At the date we bought the shares, the subsidiary had not even earned the post-acquisition amount, so it would impossible to include them!!!

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  4. Mohammad Ibrahim says

    April 18, 2013 at 3:39 pm

    i wanted to know why are aren’t we adding the top $15,000 retained earnings? They were earned on the day the company was acquired and should be added to the total retained earnings in the cons. balance sheet?

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    • John Moffat says

      April 18, 2013 at 5:40 pm

      Retained earnings are only those that we earned since the date the parent bought the shares in the subsidiary i.e. the post-acquisition earning.

      The earnings that the subsidiary had made before the date of acquisition (the pre-acquisition earnings) had been paid for – the parent paid for them when they bought the shares in the subsidiary. It was part of the reason that the parent paid as much as they did, and so they are included in the calculation of goodwill.

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  5. patriote2130 says

    March 11, 2013 at 8:58 am

    Dear Sir!

    Will you please tell me, how we will identify in the exam whether our question is correct or there was some mistake in it.

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    • John Moffat says

      March 11, 2013 at 9:16 am

      I think you mean whether your answer is correct 馃檪

      You will not know – you will be given the mark after the exam, but you will not be told which questions you got right or wrong.

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  6. mrhomes says

    January 13, 2013 at 11:44 am

    What a brilliant lecture!!!! Thank you very much

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  7. dharsyini23 says

    November 23, 2012 at 1:54 am

    hello,
    my question is how if the goodwill arising on consolidation has suffered an impairment loss of $5000, how to prepare revised consolidated statement of financial position ?

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  8. Miss A.. says

    November 6, 2012 at 4:37 pm

    simply amazing

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  9. attardmarvin says

    November 4, 2012 at 9:41 am

    Great Thanks!

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  10. mbele says

    August 23, 2012 at 8:29 am

    Hey guys.Can someone help me on how to download or watch the lecture videos

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    • admin says

      August 23, 2012 at 9:06 am

      @mbele, Please visit the support page: https://opentuition.com/support/

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  11. excel7 says

    July 7, 2012 at 10:22 pm

    preparing for cbe n wud greatly appreciate helpful hints

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  12. saif333 says

    May 30, 2012 at 12:18 pm

    thanx opentuision, it was the last resort for my friends … now i am sure they will pass the exam …

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  13. ampumuzanice says

    May 9, 2012 at 3:14 pm

    very helpful.

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  14. jkbhurtun says

    April 20, 2012 at 9:10 am

    lecture appears to be cool

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  15. maniali272 says

    March 27, 2012 at 9:28 am

    why don’t we add the share capital of both P and S company in the consolidating balance sheet that is 50,000 and 10,000?

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    • John Moffat says

      March 27, 2012 at 11:48 am

      @maniali272, Because the consolidated accounts treat it as though it is one big company owned by the shareholders of the holding company.

      The amount of the investment in the subsidiary ‘cancels’ out the share capital and reserves of the subsidiary.

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  16. faith0795 says

    March 16, 2012 at 12:32 am

    many thanks,well understood

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  17. tauraiversatile says

    February 19, 2012 at 11:19 pm

    Thank you!!!!!!!!!!

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  18. alijafri2010 says

    January 30, 2012 at 8:49 pm

    Thanks opentuition !

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  19. dbm1 says

    November 29, 2011 at 6:44 pm

    Excellent

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  20. zack92 says

    November 29, 2011 at 5:36 pm

    very helpful.

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