Preparation of the Consolidated Statement of Financial Position part 2
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I understand goodwill is applied once at the start and the reason for it. I do not understand the logic of goodwill impairment also how do you decide the %of it as sometimes it’s 10%and other times as high as 80%.
Just loving your lectures !! You’re absolutely amazing…. keep it going….
Loving these video lectures so far. Really enjoying them.
So relieved to know that we can use only abbreviations in the exams 馃榾 Needless to say, brilliant lecture!
Thank you, glad you’re still enjoying them
Intangible Non Current Asset . I found it 馃檪 馃檪
Surely I say the words Intangible Non-Current Assets as I write INCA on the screen! In addition, I always write “(W2)” after I have written INCA.
Anyway, it’s good that you have found it 馃檪
what is INCA? I know its Goodwill but INCA what does it mean?
why am i gettin trouble to view this lecture
Dear sir,
In eg 1. you did not deduct preacquistion of $10,000, however in example 4 you deducted preacquistion of $5000.00. I am confused since both questions the dates of acquistion and year end is the same? Can you clarify.
With thanks
is it fine for the xam too write with abbreviations???to save time?
Of course it is – have you listened to the “exam technique” lectures on this site?
No? Then do so
It’s good for conceptual understanding
Pls Sir, what does INCA stand for? Thank you
Intangible Non-Current Asset
Hi, Can someone tell me what to do with the Cash In Transit and Goods In Transit amounts in the Balancesheet?
Thanks
@shivast, Add to the consolidated ( combined ) cash figure and to the combined inventory figure ( at cost to the group ie after eliminating any pups )
hi,
Can someone tell me what is difference between F7 uk variant and int variant????
The tutor is jus too good! may God strengthen him
ooooooh you are too much, may God grant you with more wisdom
The tutor is just great…I think i do not need to go to class again as long as i have him in here.
how to download it ??
@klombus, Can’t download the lectures, sorry. It’s the only way we can keep the site going!
can anyone tell me this tutor’s name? i think he’s brilliant(i loved him in F4)Does he holds any lectures in UK?
@vilma, Mikelittle
@vilma, Vilma? That sounds like a Baltic name
@vilma, Hi, no, I don’t do any lecturing in the UK
@MikeLittle, Hi Mike,
Thank you for your reply:) Originally I am from Lithuania(so you were right abourt the Baltic name:), I live in the UK now.
It’s such a shame that you don’t do any lecturing in UK:(
Anyway, thank you for all the lectures, It helped me a lot in F4 and F7. Will be looking forward to P2 as well. Is there any other papers you lecture?
Thank you again:)
@vilma, I come across a number of Vilmas, on a daily basis. Vilnius is full of them!
@vilma, Yes, P1 and P7
realod the page or try again later, video works fine,
Video continuously cuts off. I thought it was my internet connnection however, all other internet streaming is perfect, no lagging.
I am experiencing the same thing even if I leave it to buffer then replay 馃檨
Not sure why, sorry, but the lecture loads OK, maybe your internet is slower at the moment,