At the start of every lecture there is an introduction that tells you that you need to download our free lecture notes that are used in the lecture!!! The link to them is above the lecture – it says “Download F3 notes”
I think he means the cost of machines,labour and other manufacturing costs because he spoke about the measurable cost in development when the finished new product is manufactured for sale.
@sangria9, if you plan to dispose the microscope after 2 years, then 2 years, but if not depreciate it for 5 years. depreciation may be due to passage of time(or nonuse).
If we have expenses for development not just wages, but also for example: fees to consultant, fees for electricity, fees for paper and pencils – should we capitalise it and show in balance sheet?
@sangria9, They should be capitalize when they are directly attributable costs necessary to create,produce and prepare the asset to be capable of operating it in manner intended by management.
it means that for some reason that your PC can’t connect to the server where the lecture is hosted, realod the page, and hopefully it will connect, it could be just temporary glitch if it persists, maybe you are behind a firewall, if so, please contact your internet service provider to check this for you
shik1807 says
he didnt explain about disclosure requirements and impairment reviews…:(
And for the amortisation we should amortise the intangible assets based on expected revenue or time basis?
abrizni10 says
U didn’t mention the amortisation?
iyamu says
same like depreciation but on intangible Assets
Folisha says
lecture*****
ahsan3330 says
dear sir which book do you use? kindly tell me.
John Moffat says
At the start of every lecture there is an introduction that tells you that you need to download our free lecture notes that are used in the lecture!!!
The link to them is above the lecture – it says “Download F3 notes”
zukiegeneral says
U all need to stop as questions that is not relvant
John Moffat says
I have no idea what you are talking about – what we teach is what is relevant for the exam.
mohammedashfak says
*asking questions
lchibhamu says
Very clear lecture,thanks
John Moffat says
Thank you 馃檪
Xaliq says
Great explanation easy to understand,thanks very much
mohammed says
can i know please do you have a lecture on non current asset held for and discontinued operations for f7
John Moffat says
Discontinued operations are not examined in Paper F3.
You should ask this on the Paper F7 page.
mohammed says
the lecturer for f3 much is much easier to understand, why cant he do the f7 as well, please let him do it
Mohammad Ibrahim says
the lecturer says when you are able to measure costs.What type of costs does he mean?
pzeel says
I think he means the cost of machines,labour and other manufacturing costs because he spoke about the measurable cost in development when the finished new product is manufactured for sale.
mashal63 says
open tuition…. u have been very great full to me in all my papers i have had till now… thumbs way way way uppp…..
judocallin says
@judocallin, GOOD!
judocallin says
@sangria9, if you plan to dispose the microscope after 2 years, then 2 years, but if not depreciate it for 5 years. depreciation may be due to passage of time(or nonuse).
pris43 says
Very easy to understand and follow, the whole lecture. Thank you so much.
manzoorulmulk says
nice lectures really enjoyed
umairazmat says
@sangria9, it must be for 5 years how it can be for 2 years????????
gaofanlin says
@sangria9, under the accrual concept, it should be 2 years.
Sangria9 says
If we have expenses for development not just wages, but also for example: fees to consultant, fees for electricity, fees for paper and pencils – should we capitalise it and show in balance sheet?
judocallin says
@sangria9, They should be capitalize when they are directly attributable costs necessary to create,produce and prepare the asset to be capable of operating it in manner intended by management.
Mohammad Ibrahim says
is there any lecture for amortisation?
John Moffat says
Amortisation is simply another word for depreciation. We call it amortisation when it is an intangible asset.
rhwesley says
what does this mean when i am trying to play the lecture Server not found: rtmpt://173.208.109.173:80/play
admin says
it means that for some reason that your PC can’t connect to the server where the lecture is hosted,
realod the page, and hopefully it will connect, it could be just temporary glitch
if it persists, maybe you are behind a firewall, if so, please contact your internet service provider to check this for you
raelene says
thank you for your clarifications.