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  1. Hello Sir,

    I can’t seem to find the lecture note to this in the F7 Lecture note as the Chapter 28 in the lecture note only covers IFRS 9 and does not have the examples discussed in the video. Please advise. Thank you.

  3. Hello Mike,
    Shares in general are classified as financial assets, but I read this in bpp that only shares held as an investment are classified as financial assets.
    Are the shares held for short term or trading purposes, not considered as financial asset? If not, why? because it is an equity instrument even if held for short term?

  7. Greetings sir.

    May I know why that IAS 32 and IAS 39 is not found in the table of contents of the notes as well as one of the recordings?

    Could it be because that both of the IAS above have already confined inside IFRS 9 which all three of them are related?….i.e…financial instruments’ issues

    Actually I haven’t gone through that far yet as I’m currently about to start my semester and am just glancing around the syllabus.

    Thanks.

  8. Hello Sir!
    I have a few doubts regarding this topic!
    1) Where do we show the issue costs related to loan notes?
    2) Are loan notes always measured at amortised cost-?

    Please help me out with these issues! Am giving the exam this Dec, and last minute revision has raised these issues!

  11. I can claim that I am 70% prepared for June 5. Thanks a lot to Mike Little for his guidance. However, I need a little clarification on presentation of answers.

    In BPP and Kaplan, the practice is to present the answer on top and the workings below the answer. This often creates the problem of the amount of space to leave on top while doing the workings. Would I be penalised if, in the exam, I present my answers below the workings? For me this pattern will be quite logical and easier to manage under examination conditions.

    I look forward to your enlightenment on this concern.

      • Thank you Elsie for your intervention. However, my concern is not fully taken care of. I leave a page blank and start my workings from the second page. By the time I finish the workings and discover that the one page I left blank will not be enough to accommodate the answer, what should I do?

        My question is: Is it acceptable to the examiner to start my workings from the first page and present my answer at the end, even if it means starting the presentation of my answer on a fresh page just after my workings.

      • Absolutely! You cannot do it in any other way – it’s not possible to try to predict where your workings will finish.

        So, do all the workings and then get into the “real” answer – starting that real answer on a new page

  19. there is a different IFRS 9 in the notes.. is there any lecture on that, or is this relevant for that too? cause i believe the notes show some accounting as well and it seems to me that its just been introduced to the syllabus so might just have a high probability to be examined.

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