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Exactly there is no such thing as the time restriction mentioned with the deadline date in the information pack. Would it have costed them millions to add the time as well. This is damn weird. What use is the damn information pack when it doesn’t contain the most important detail.
Can you please help me with this confusion as well.
Post year end sales are an adjusting event, right. We’ll adjust them in the f/s, but then why do we stress so much on putting substantive procedures on checking whether they correctly used cut off?
Even if they didn’t apply cut off correctly, eventually it will have to be adjusted anyway
So why even bother with cut off?And one more thing, Is going through all your lectures and course notes is enough, the lectures cover all the syllabus. Is there any need for any textbook?
Sorry I didn’t watch the revision lectures, I’ll watch it then and if I find any problem I’ll get back to you, really appreciate your prompt replies 🙂
Yeah that’s what I thought, but when I was preparing for F4 and I posted a question regarding it. Mikelittle answered my question and said that “The course notes are out of date on this point”, so I thought maybe that’s the case.
Are there any advantages, whether be short or long term, that a person will get who gave the paper through CBE over the one who is giving a manual paper??
Sorry about that, I got to know about that after I posted my comment. Thanks a lot.
The liquidator must repay debts in the following order.
Way down the line comes the unsecured creditors. It’s written that.Unsecured creditors – rank equally amongst themselves. The Enterprise Act 2002 introduced into the Insolvency Act 1986 a ring-fencing mechanism where part of assets which are subject to a floating charge are available to unsecured creditors. The amount ring-fenced is 50% of the first £10,000, plus 20% of the rest up to a maximum ring-fenced fund of £600,000.
What does this whole thing means, especially the last line??
Past consideration is sufficient to create liability on a bill of exchange. What does this mean??
Which topics always get tested in CBE exam?? And which topics get tested in section B?
Right, an award of £2500 for loss of amenity was liable. Got it 🙂
What is the difference between “During” and “Actual” breach or are they the same type of breach?
The cases talked about are the construction of the swimming pool and a wall to block an undesirable site.
I agree that it wasn’t difficult work to ask the constructor to get the wall to the desired length. But in the case of the swimming pool, if they had increased the depth from above, the depth would have also increased of the part of the swimming pool which had the desired length of 1 meter. So I think it wasn’t fixable without starting all over again.Anyways did both parties get any compensation for their lost desirable lengths along with the reduced cost??
