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Regulatory Framework – ACCA Strategic Business Reporting (SBR) lectures

VIVA

Reader Interactions

Comments

  1. shegwando says

    January 15, 2019 at 4:14 pm

    i want to download sbr notes who can help please.

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    • opentuition_team says

      January 15, 2019 at 7:34 pm

      what is the problem?

      click on download notes button on this page
      https://opentuition.com/acca/sbr/acca-strategic-business-reporting-sbr-notes/
      and they download to your computer …

      Log in to Reply
  2. kafi says

    December 30, 2018 at 5:38 am

    Hi,
    I wanna clear about existing and current accounting standard.

    IAS 17 and IFRS 16 both cover lease. IFRS 16 is adopted later than IAS 17.

    So what standard should we follow to recognise lease at work place?

    Details explanations are highly expected. Thank much more.

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    • kafi says

      December 30, 2018 at 6:00 am

      Basically I want to know as following:
      1. ISA 17 will be replaced with IFRS 16 or not.
      2. Both are applicable?
      3. To recognise lease it will depend on organisation policy whether which standard will be followed (IAS 17 or IFRS 16)?

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    • P2-D2 says

      January 4, 2019 at 9:13 am

      Hi,

      IFRS 16 has now replaced IAS 17 for accounting periods starting from 1 January 2019. You could have applied it earlier if IFRS 15 had already been adopted.

      IFRS 16 is the examinable standard for SBR.

      Thanks

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