- Jul 3, 23:06
Relevant cash flows for DCF Inflation (example 5) – ACCA Financial Management (FM)
Hi John, I am little bit confused about which year to start applying the inflation rates on the selling price and variable cost. 1st Scenario: The current selling price is $30 per unit and is expected to increase by 5% a year. The suggested answer started applying the inflation in year 2. 2nd Scenario: The selling price of product SEP (in current price terms) will be GH¢20 per unit and inflation is expected to be 4% per year. The suggested answer started applying the inflation in year 1. Please can someone help me on why the different treatment. Thank you. - Jul 3, 22:41
ACCA FR Chapter 7 Impairments (IAS 36) Questions
thats not non-current assets ,,its net current assets,,those are current assets - Jul 3, 15:57
PPE – Depreciation – ACCA Financial Reporting (FR)
Revaluation upward would give a higher depreciation which would reduce the profit for the period which in turn will reduce the dividend given to shareholders. So in order to be fair to the shareholders we make the transfer from revaluation surplus to retained earning. - Jul 3, 15:56
Business Documentation – ACCA Financial Accounting (FA) lectures
Thank you for your comment – and you stay safe also 🙂 - Jul 3, 15:48
Business Documentation – ACCA Financial Accounting (FA) lectures
You are awesome! Just finished all the lectures, and you are the best online lecturer I would say. I hope you are in a good state of health during this pandemic. Thank you and stay safe! - Jul 3, 15:34
ACCA F2 Revision
Thank you for your comment. Apart from the specimen questions on the ACCA website, past exam papers are not released for Paper MA. (It is because everyones exam is different – the questions are chosen at random by the computer from a large bank of questions). For practice you need to buy a Revision Kit from one of the ACCA approved publishers. It is full of exam standard questions to practice, which is vital to passing the exam. (If you follow the link on this page you can get a 20% discount off the BPP Revision Kit). - Jul 3, 14:02
ACCA F2 Revision
Hello, Mr Moffat. Top the day to you Sir. I really appreciate your free but invaluable services you are offering through Opentuition. Keep it up. I noticed you were reading the past/revision questions from somewhere which we aren’t privy to. Where can we get/download those past/revision questions so that we can flow with you. Thanks and best regards. - Jul 3, 10:00
FA Chapter 2 Questions The Statement of Financial Position and Statement of Profit or Loss
The lectures are a complete free course. However it is vital that you buy a Revision Kit from one of the ACCA approved publishers. It is full of exam-standard questions for practice, and practice is essential for passing the exam. - Jul 3, 08:51
FA Chapter 2 Questions The Statement of Financial Position and Statement of Profit or Loss
Thank you sir a phenomenal master for the exam is enough to learn just those thing that you taught us or does it need to study other course ? again thank you sir - Jul 3, 08:34
The Finance Functions – CIMA E1
May I know why is the chapter is different from the Kaplan Textbook? - Jul 3, 08:17
Presentation of financial statements – introduction – ACCA Financial Reporting (FR)
Thank you for this understandable lecture - Jul 3, 05:48
Control Accounts (part c) – ACCA Financial Accounting (FA) lectures
This is so rude. Like @nyxy said, you can actually skip it or just don’t even log in at all. The lectures are extremely extremely beneficial, time taken to explain is called teaching at its finest and attention to details, so it sinks. - Jul 3, 04:36
Professionalism, ethical codes and the public interest – ACCA Strategic Business Leader (SBL)
Sir I didn’t find this chapter in BPP workbook. Is it still Relevant for Sept 2020? - Jul 3, 01:15
Accounting for Management – ACCA Management Accounting (MA)
Hello, what revision kit did you use? Kaplan or BPP? Congratulations btw - Jul 2, 18:48
Semi-Variable Costs (part 2) Regression analysis – ACCA Management Accounting (MA)
Y was written in 1,000’s. X was written in 100’s. So a was multiplied by 1,000 and b was multiplied by 1,000/100 = 10. - Jul 2, 18:16
ACCA Advanced Audit and Assurance (AAA) What is Assurance?
If you look at the notes you will find limited assurance considered in more detail later (e.g. in Chapter 26 a review of interim financial statements). The “review standards” (ISREs) that are examinable docs are ISRE 2400, Engagements to Review Historical Financial Statements (applies to review that are not carried out by the auditor) and ISRE 2410, Review of Interim Financial Information Performed by the Independent Auditor of the Entity. The titles of docs are a good clue to what they concern – you can download a list from here https://www.accaglobal.com/lk/en/student/exam-support-resources/professional-exams-study-resources/p7/examinable-documents.html If you have further questions I reply to posts on the ask the tutor forum every day https://opentuition.com/forum/ask-acca-tutor-forums/ask-the-tutor-acca-advanced-audit-and-assurance-aaa-exams (but only check the comments on lectures from time to time).
From years 1-4 Sales and MC are having SAME CFs for EACH of the 4 years,hence, we will discount these using annuity factor for 4 years at 10% which is 3.17.