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November 19, 2020 at 3:30 pm
Sir, if Financial statements for FA has to be produced in 1 yr time, why in other places I have read that LTD companies have to produce every 9 months, and if PLC, then 6 months ?
Also for the definition of Planning vs Decision making as per the notes, I could as well say “deciding how many staff will be required in the factory next year”, or “planning on what selling price to charge for a new product”. So I am seeing it difficult to find a difference here. Elaboration welcomed and appreciated.
John Moffat says
November 20, 2020 at 8:12 am
Stock exchanges have their own rules about how often companies listed on their exchange have to issue profit statements. However this is not a legal requirement. In law companies have to produce full statements every 12 months.
The distinction between planning and decision making is not really important. However there is a distinction. If you intend to produce twice as many units then you need to plan to have twice as many workers and plan to buy twice as much material. As far as the selling price is concerned, you might choose to have a high selling price and make more profit per unit or you might choose to have a lower selling price in the hope of selling more units – that is a decision that needs to be made and is not something ‘forced’ on you.
November 20, 2020 at 11:42 am
I need more clarification about Ltd. Stock exchange are for Plc. Then why do Ltd need to produce in 9 months, if the law requirement is 12 months ?
November 20, 2020 at 1:30 pm
They don’t have to produce in 9 months (and there is no relevance of either plc’s or ltd’s for Paper MA).
November 10, 2020 at 4:54 am
hlo sir with the help of open tution i just passed with 92% in MA BT FMA thank you sir
November 10, 2020 at 7:50 am
That is great news – many congratulations 🙂
October 24, 2020 at 7:05 am
Hi, I failed this paper 3 times. but I have completed the other 2 papers FA and AB with top marks…I find it hard to pass this exam..plss do help me.
October 27, 2020 at 4:16 am
sir, Please do help me
October 27, 2020 at 8:51 am
You must ask in the Ask the Tutor Forum – not as a comment on a lecture.
November 4, 2020 at 2:46 pm
I can tutor you on sundays if you don’t mind.
October 20, 2020 at 9:49 pm
Hi I have Question I live in Sweden and I want to take the exam of ACCA F1 Where can I take the exam?
October 21, 2020 at 8:05 am
You need to check on the ACCA website (and the exam is called Paper BT, not F1).
October 16, 2020 at 1:38 pm
Pls how do I download the lectures?
October 16, 2020 at 3:21 pm
You can only watch the lectures online – that is the only way that we can keep this website free of charge.
(Even the companies that provide online lectures and charge for them do not allow them to be download 🙂 )
October 28, 2020 at 8:33 am
Oh thanks lol
October 28, 2020 at 2:17 pm
You are welcome 🙂
September 23, 2020 at 7:37 pm
Hi, I was made redundant and I am now trying to change into accounting with no experience in finance. I has been a long time since my uni. I feel rusty. Those lectures and materials are gold! Thank you so much for your dedication! I am so grateful!
September 9, 2020 at 7:57 am
Hello Sir, I have studied MA within one month by only following the lectures and notes from opentuition, and now I have passed by getting 79%. Thank you very much for your support Sir.
Thank you 🙂
September 9, 2020 at 8:14 am
September 9, 2020 at 3:39 pm
Thank you Sir 🙂
September 3, 2020 at 1:02 pm
I will take acca exam first time. I must only pay for every exam or are there other things that must be paid for
Looking forward to your reply thank you
September 4, 2020 at 9:08 am
You also have to pay the ACCA’s annual fee. You can find details on the ACCA website.
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