Recent Comments

Sir, In the last example where 500,000 new shares were issued at $2 each, why is this a non-adjusting event…

Congratulations on passing Paper FA 🙂 Our only lectures for Paper FR are those given by our Paper FR tutor.

Sir passed FA with 89% marks by just listening to your lectures. but now i am studying FR from other…

They are as I state in the lectures.

No, because the question says that it is $20,000 !!

The price of futures changes each day just like the price of shares does.

Thank you for your comment 🙂

Hey Sir, what’s the most important hedges for currency and interest rates for the exam?

Sir, I don’t understand the futures changing from week to week. Isn’t it an obligation to buy at a FIXED…

Hi Sir, Yes, i know. But if the question did not tell, is my calculation correct? 26666.67 usd ?

Sir, I don’t understand the futures changing from week to week. Isn’t it an obligation to buy at a FIXED…

I am learning a lot.Its clear and precise.Thank you Sir

I am learning a lot.Its clear and precise.

Hi Sir, in example 7, the conversion part shouldn’t it be 7874016 X 1.6201 because when we borrow then convert…

We multiply when our currency is not the base currency, we divide when our currency is the base currency. Hope…

You always end your lectures on a positive note, really encouraging and helpful. Thank you.

But the question tells you the fair value of the non-controlling interest at the date of acquisition.

You’re welcome 🙂

Hi Mr Moffat, I hope that you are well. I was wondering why the inventory/purchases were not credited were sales…

Hi Sir, in the example 2 ” P acquired 60% of the shares in S on 1 January 2007 when…

Not all questions are available. Questions are from 1-5. Is it correct?

I got it, i forgot about the disposal account. Thank you so much sir 🙂

Why are you posting this as a comment under a lecture on marginal costing? Relevant costing as a full topic…

Thank you so much for this.

Please I don’t understand relevant costing

Hey John, Watched your lectures a good 3 – 4 times before I fully understood the concept of Statement of…

By all means credit the cost of the asset and debit the disposal account with 50,000 In addition however we…

Hi Sir, thank you so much for your explaination but I am still a bit confused regarding the NBV in…

Can you please delete the comment ?

You are right for “significant influence”, however the ‘25% calculation’ was not the correct reason. See, if Vader only took…