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On the SOFP we are reducing the value of the asset. In the SOPL we are charging the cost of doing this and reducing the profit as a result.
Irrecoverable Debts and Allowances Example 2 - ACCA Financial Accounting (FA) lecturesIn example 13, why didnt we use the w1 - adjusted net income and deduct the PA from it? why did we keep using the 105,000? the GAD reduces the net income, right? So the new net income reduced should have been used aka 99...
ACCA TX-UK FA2025 Chapter 2 The Income Tax ComputationHello Tutor, I have a question. Since we are already removing allowance and doubtful doubt on the SOFP, why do we still remove it as an expense on the SOPL?
Irrecoverable Debts and Allowances Example 2 - ACCA Financial Accounting (FA) lecturesNo the transfer would be the excess depreciation. 2600 minus the depreciation charged on 35000
PPE - Financial Statements and PPE - ACCA Financial Reporting (FR)Because it is company's policy to not make the transfer to retained profits.
PPE - Financial Statements and PPE - ACCA Financial Reporting (FR)DR revaluation reserve | CR retained earnings with the excess depreciation i.e., the difference between the 2600 and depreciation on the 35,000 (if there was no upward revaluation). Once there is an upward revaluation, t...
PPE - Financial Statements and PPE - ACCA Financial Reporting (FR)Wouldn't this video need to be updated? With the change in the standard forthe Income statement, there would be no need to adjust operating income for investment income and Finance cost?
Statement of cash flows - Example 1 (revision) - ACCA Financial Reporting (FR)THE Notes in the vid and the notes on the site are different
Statement of cash flows - introduction - ACCA Financial Reporting (FR)I like it so muuch! Excellent blog! You did amazing job. It was interesting to read so thanks for sharing it!
Borrowing costs - specific borrowings example - ACCA Financial Reporting (FR)Plenty thanks for the lectures sir!
The Statement of Financial Position and Income Statement (part a) - ACCA Financial Accounting (FA) lectureseven Chris knows that learning this is a waste of time.
Leases - sale and leaseback - ACCA Financial Reporting (FR)I was hoping someone would've responded, need the answer to this myself
Elements of the financial statements - ACCA Financial Reporting (FR)Probably since they're talking about ACCA-X
Cost Classification and Behaviour part 2 - ACCA Management Accounting (MA)Sorry very new to this. Is that different for MA ?
Cost Classification and Behaviour part 2 - ACCA Management Accounting (MA)Go to the main PM exam page by choosing ACCA on the top menu followed by PM. The page has links to all of our PM resources.
Activity Based Costing part 1 - ACCA Performance Management (PM)Hi, are you using these lecture, the are suitable?
Fraud, bribery, whistle-blowing and company ethics - ACCA Strategic Business Leader (SBL)Hi, can these lectures be used for dec 26 exams?
Professionalism, ethical codes and the public interest - ACCA Strategic Business Leader (SBL)Hello Mister , how can i download the notes and lectuares and also flashcards , i could'nt find it , it will be super if you help me to deal it
Activity Based Costing part 1 - ACCA Performance Management (PM)When we purchases goods we debit purchases. The inventory account is only used to record the inventory that is left at the end of the period (and this is explained in the later chapter on the inventory adjustments).
Double Entry Bookkeeping (part a) - ACCA Financial Accounting (FA) lecturesSir, Are these double entry, why each transaction does not balance and the trial balance does not balance as well ?
Double Entry Bookkeeping (part c) - ACCA Financial Accounting (FA) lectures