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Yes, you can calculate the capital allowances, deduct them from the operating profit, then calculate the tax and then add…

In the first example we were preparing a budgeted profit statement and the budgeted fixed overheads were $20,000. In the…

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The lease payments are made at the end of each year and the $7.72 is correct. 1 1 0.95 2…

Thank you very much for the clarification.

Hi there again John. I’m sorry I might be leaving a comment on almost every lecture or practice tests. This…

Hi sir why didn’t you use the fixed cost of 315,500$ to calculate the over or under absorption for FC?…

Dear Lecture sir, and open tuition, Thank you very much for your free lecture and its very useful for all.…

As I explain in my free lectures, we only ever discount cash flows that are whole years apart. In three…

i have a tiny little problem with regards to counting the number of periods. When we say ‘in three years’…

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Dear Sir, Thank you for the great lectures and the refreshing sarcasm, which unlike the British car industry was never…

your lectures are really awesome. With your lectures i pass f3 with 71%. I hope f2 will be successful too.…

Property rented to a parent, subsidiary, or fellow subsidiary is not investment property in consolidated financial statements that include both…

hey, are these lectures still valid? as i can see these were posted over 2 years ago?

Hi Sir, I think question 4 should be : Debit carrying amount of asset 49.000 Debit depreciation expense : 21.000…

Why does ICAI get exam exemptions for the ACCA qualification and the same is not reciprocated for ACCA students/members. This…

I did!! As AjayAnton has himself written above, I added the 4,000 to the 15,000 and recharged the 19,000.

I want to know as well!!!

Thanks to Allah I got 80% Thanks to you, Mr. John Moffat. Question 3 disturbed me a bit

Thanks to Allah. I got 100% Thanks to you, Mr. John Moffat

The engagement letter will describe the basis of the fee – rather than specify a fixed monetary amount. It is…

“however material” covers the entire spectrum of materiality including immaterial – i.e. “however material [or not]”. Please use the ASK…

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Is the lectures and notes are valid for Dec2021 ?

You are so clear and straightforward and precise with everything you teach! I am self studying and have been advised…

I am really happy to say it’s an interesting post to read. I learn new information from your article, you…

In reference to question 3 I seem to keep getting confused with the difference between the auditors responsibility to obtain…

Good Afternoon, Sir, In order determine an Actual Ownership of the tax payer, what steps do we take? Do we…