The lecture mentions that the benefits received by the directors due to their position must be disclosed to the principal. After that, what is is required? Must the directors surrender those benefits?
If those benefits have been received without the prior knowledge and consent of the board then they may be required to be paid to the company.
If the benefits are received with the sanction of the board, then the director can keep them
This question would have been better on the Ask the Tutor forum, particularly if you were looking for a response from me rather than just on general forum!
They certainly are, apart from the fact that the introduction still refers to “Professional Accountant” instead of “Governance, risk and ethics”
There are some bits of the notes not covered by lectures (integrated reporting (important for December 2014), public sector governance and Bribery Act are just three examples
Nice lecture I also just derived an EASY WAY TO REMEMBER the duties of directors as agents just by using your notes a “POSPACA”.don’t no if such a word exist , but it does the trick.
I can say I have been using open tuition for a while and it has benefited be tremendously.
No only the notes and lectures – that would probably NOT be enough. Get yourself a revision kit of past exam questions and answers. If you can’t afford that, download off the internet from the ACCA’s own website
But notes, audios, videos and revision kit could very well do the trick for you
i miss being in the class, so that i could participate. i wish i could meet this teacher actually and present him a copy of Qur’an, which would the best gift for a person of this level of intellect. may God bless you. 馃檪
Hi, I love listening to this but is this fine to use for Dec 2012 sitting. At start of first lecture mentioned this is Professional accountant which is the name of the old P1 paper..need clarity, please.thanks
damz01 says
is this useful for december 2015 exams?
MikeLittle says
It certainly is!
damz01 says
thankyou so much.
onnyick says
The lecture mentions that the benefits received by the directors due to their position must be disclosed to the principal. After that, what is is required? Must the directors surrender those benefits?
MikeLittle says
If those benefits have been received without the prior knowledge and consent of the board then they may be required to be paid to the company.
If the benefits are received with the sanction of the board, then the director can keep them
This question would have been better on the Ask the Tutor forum, particularly if you were looking for a response from me rather than just on general forum!
onnyick says
Ok, I’ll do that next time. Thank you.
MikeLittle says
Ok, no harm done
aoladapo says
Dear Admin,
Are this lecture good for June 2015.
MikeLittle says
Yes, they certainly are
Mohamed says
Thanks a million,you guys are awesome.
Bilal says
are these lectures good for december 2014 exam ?
MikeLittle says
They certainly are, apart from the fact that the introduction still refers to “Professional Accountant” instead of “Governance, risk and ethics”
There are some bits of the notes not covered by lectures (integrated reporting (important for December 2014), public sector governance and Bribery Act are just three examples
But the lectures are substantially ok
atu31 says
trying to open the lectures for P1 only to find F7 lectures whats happening?
Patrick says
Fantastic. perfect delivery
bwix77 says
Thank you very much!
marcie157 says
Thank U so much:)
brohi says
best work keep it up sir.
pinkypoo says
Nice lecture I also just derived an EASY WAY TO REMEMBER the duties of directors as agents just by using your notes a “POSPACA”.don’t no if such a word exist , but it does the trick.
I can say I have been using open tuition for a while and it has benefited be tremendously.
Thanks a Million!!
Munya says
You surely have been in this for a very long time. It says it all in the way the lecture is presented. Thank you very much
chullbulla says
Hi
I can’t afford to pay for course at this moment. can I pass my exam in Dec 13 by going through these notes and lectures only please.
Thanks
MikeLittle says
No only the notes and lectures – that would probably NOT be enough. Get yourself a revision kit of past exam questions and answers. If you can’t afford that, download off the internet from the ACCA’s own website
But notes, audios, videos and revision kit could very well do the trick for you
chullbulla says
Ok thanks sir I will get revision kit and work it out 馃檪
MikeLittle says
Keep posting if you come across anything you don’t understand
Hmzainal says
Excellent lecturer
gwainex says
This is a very good lecture note, GOD bless the team.
clarabanda says
These lectures are really helpful
marvibhatti says
i miss being in the class, so that i could participate.
i wish i could meet this teacher actually and present him a copy of Qur’an, which would the best gift for a person of this level of intellect.
may God bless you. 馃檪
marvibhatti says
[or may be if you would just like reading it online, http://www.allahsquran.com ] . 馃檪
zeedavids123 says
Hi, I love listening to this but is this fine to use for Dec 2012 sitting. At start of first lecture mentioned this is Professional accountant which is the name of the old P1 paper..need clarity, please.thanks
admin says
yes it is fine for December 2012
faroukbukhari says
Sir, are these lectures still good for june 2013.
admin says
Yes they are ok
faroukbukhari says
thank you sir
yuzhao2513 says
GOOD TEACHER ! EXCELLENT! I HOPE I WAS THERE, IN THE CLASSROOM!
hamzahmoazzam says
He is simply outstanding. Teaching such a boring subject in an excellent way.
HAIR DRIFT ……..