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Hi,I am interested in joining the study group.Saturday morning or evening will be good for me.8am UK is also 3 am for me,but I will try to fit in.Thanks for organizing this.
Hi,If the value of each equity share is 20c why did you use 25c and 7c instead of 20c and 12c when calculating the rights issue?I agreed with everything else.Thanks.
Yes I do agree with this explanation,but why is the treatment in Pumice different?What is the difference between Pandar and Pumice?To me it is the same. In Pumice the net profit for the year 1/4 09 -31/3/10 was $2m.The 50% loan note s was acq’d on 1//10/09 which should be in the post acq period.Profit was assumed to accrue evenly throughout the year,that’s why
Thanks, I do agree with your explanation and applied the same technique for Pumice,since the n/profit for the year 1/4 /09-31/3/10 was $2m; the 50.% of S 10% loan note was acq’d 1/10/09 which should be in the post acq. period – 6/12 mths;profit was assumed to acquire evenly throughout the year.Wasn’t this post acq. interest for the loan note to be added back to the n/profit also to calculate the pre acq R/E like in Pandar? Why is it treated differently? Please explain.Thank you.
Thanks, but I am still a bit confused ,since it was on 1/10/05 Pumice acquired the 10 % loan note and the statement date is 31/3/06 which is a six months period.
Please note the qu. asked for G/w at DOA, no impairment to be deducted.Review.What amt. did you get for NCI (SOCI)?
Hi Anusiona,use Yahoo! and search – IAS Plus IAS16 Technical Release, then click on- IAS Plus/ Welcome to the world of Accounting,then scroll to -Yahoo! Groups Recent
posts,then click on-Technical Release IAS16 Property,Plant and Equipment,then go to the bottom and click on;Ads by Google;Technical Release by ACCA. Try to read the entire article.This helped to clear up some shady areas recently.Hi guys I am interested also but the time is a little off for me.9 pm uk will be better for me,if it is not possible to change then I will have to read it after.Please add me to your study group.
I will also like to know the start date. Please let us get started,time is running out.
Please use the open tuition format to work out retained earnings at date of consolidation and wkg.4A and 4B.Thanks.
I am also experiencing some problems with Q1(i) how to treat with the $1.2m below it’s carrying amount.What wkgs. does this affect and how, since this value change was not incorporated into it’s FS of Sanford ?
Hi, I shared the same experience and will also be happy to know how to access the question.