ACCA Financial Reporting (FR) Lectures Download ACCA FR notes
Technical Problems
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In example 1, The answer being option A.
The duty of IFRSIC is, To provide guidance on FR issues “not specifically addressed in IFRSs” .
So whose duty is it when the FR issues are specifically addressed in IFRSs?
Hi,
If it is specifically addressed then it has been covered in the accounting standard itself, and will therefore have been dealt with by the IASB who have prepared the accounting standard.
Thanks
Hi,
I’ll make sure that it is updated for the March/June 2019 edition of the class notes. We must have accidentally deleted it sorry.
Thanks
Hi Sir,
IS this lecture from the old Opentuition Study text? Example 2 is not included in the Sept-Dec/18 study text.