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ACCA F3 Interpretation of Financial Statements part b
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Hello John. Logged in to say a BIG thank you. I passed F1, 2, 3 with the help of your brilliant lectures. You are a real star! Please keep up the good work. God bless you.
Thank you for the comment, and many congratulations 🙂
Thank you again Mr. Moffat, excellent lectures !
Just finished Chapter 26, it seems to be the last one, but in the end you mentioned after break you talk about 2 standards … Which please and where can I find it?
Thank you so much sir,I passed my knowledge level of acca and I like to study my skill level in UK. which university is the best choice for me
hello sir,
can you pls tell me which exam kit should I need to get…Kaplan or BPP …which is more beneficial.?
thanks.
They are both fine – neither is better than the other 🙂
hi sir i am little bit confused about ratios because I’ve other notes in which some ratios like Investor ratios..dividend per share,dividend cover,dividend yield,Earnings per share,price earning ratio…these are relevant for F3 exam or not.
thanks for all 🙂
The more ratios you learn the better, but the ones that we go through are the ones that are the important ones for F3.
Does prepayment affect the quick ratio since this is already committed.
Yes – the quick ratio is (current assets – inventory) / current liabilities.
Prepayments are current assets.
I passed F3 today..and i owe it your lectures.Thanks..this really helped me.
Thats great – many congratulations 🙂
Sir, i have watched all the lectures and rad the opentutions notes. I have also done the test questions which is there at the end of every chapter and understood them well. So is it enough to pass f3 paper or we have to read another study material approved by ACCA?
You don’t need to read other material, but you do need to get a Revision/Exam Kit from one of the ACCA approved publishers. They contain lots and lots of exam-standard questions to practice on, and practice is vital.
Why don’t we calculate the purchases and use it for the payables period calculation instead of using cost of sales?
Strictly we should use credit purchases. However usually you do not have enough information in the question in which case you have no choice but to use cost of sales.
In this question, we could calculate it for one year, but not for the other and so we would not be comparing ‘like with like’ if we did it for one year and not for the other.
Thank you 🙂
,,the interna rate of return,, (IRR) what it means? Does it includ f3? i have exame tomorrow
The Internal Rate of Return is not examinable in Paper F3 (it is Paper F2).
thank you.
if i were requested to enter my answer into the computer , for example a credit balance for account payable $1000, do i need to key in a -1000 or just 1000. do we need to put negative “-” for credit balances? including losses, do we need to put a “-” for loss or credit balance ? very urgent, i am having my exam tomorrow. thank you
No.
It will just want the number. If it wants to know whether it is debit or credit there will be another box to choose.
Do not enter it with a minus sign!
Thanks John, I sat for my F3 today and got 79%, thanks for your lectures! i really enjoy and benefit a lot from you lectures because we get to learn the logic instead of just memorizing . will you be teaching F7 and F9 ? r u the lecture for F5 too ?
That is great – congratulations 🙂
(I teach F2, F3, F5, F9, and P4)
Thanks to you open tution.you made my studies easy.I passed F3.
Congratulations, and well done 🙂
Thank you Sir John Moffat ,I am now pretty much aware of this topic (Ratios). Its an awesome explanation 🙂
hi… i have been preparing for my exams in december (f1,f2,f3)… i am almost done with f2 and f3… i have only studied the first chapter of f1 as of yet. can you please tell me whether watching these video lectures are sufficient to pass in f1 paper?
I do not teach F1 – you should ask this in the F1 Ask ACCA Tutor forum.
thank you.
i cant download the lectures.chapter 1 is okay but starting with chapter 2,i cant download or watch it
Lectures are not downloadable – they can only be watched online.
It is the only way that we can keep this site free of charge.
I cant even watch it.chapter 1 is watchable but starting w chapter 2 its not working.if I jave problem w my firewall,why I can watch chapter 1 lecture?
Try using google chrome
Hi. Has anything change form the 2012 to 2013 syllabus for ffa
No – it is still the same 🙂
Thank you for the help open tuition i passed my F3 with 76% yesterday thank you John..
pls why do you keep referring to the examiner as she, is she the one still examining 2012 diets?
@bogiwa, Yes – and she is a she 🙂
thanks to opentuition.
Excellent
Very good thank u Opentution i love u.