[Peter]

Hi Sana, i self studied with BPP materials plus online lectures from OT. Dont like taking classes. I hope for the pass – we will see. One tip i can give is to study whole syllabus – you never know what will appear so better not to risk it. For p2 learn all q1 types, consolidated SFP, SPL, net cash flows and foreign currency element. Hope that helps

[Peter]

Hi, sorry for not being precise – i meant this debt was injtially recognized at 47 and then it was fair valued to 45 so decrease of 2 i assume goes to RE vs Liab? Thanks

[Peter]

Ok thanks do we recognize the decrease in loan? RE vs Liability?

[Author]

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