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The discounted value of provision was also Cr to the Non-current liabilities under Environmental provision.
And I wonder why the discounted provision is Dr to the SOFP first under the relevant non-current asset and depreciation is charged on the combined cost of the NCA+the discounted provision.
Thank you my dear sir. You are the king of all lecturers. I’ve never met anyone like you before..
I was thinking like this. For example I’m a supplier based in UK and I’m about to get a payment in US $’s. I’m also expecting US$ to weaken in value and so a lower receipt when I convert it to GBP’s. So I buy US$ futures from a futures exchange for the amount of receipts I’m supposed to receive in US$’s. If $’s depreciate, I can sell the futures for a higher amount of $’s and cash a profit. I can use this profit to cover the loss from the receipt I am expecting from my customer. If $’s appreciate, I’ll suffer a loss when I sell my futures but achieve a gain from the receipts in $’s when I convert it into GBP’s. Is this how it works?
I understand the concept, but how can I sell futures in the first place before buying them??????????
I know the progression rules. I’m doing F7 and F9 now. After this I will be left with only F8 in the skills level. Please share your experience of doing F8 P1 P2 in one sitting. Hope it’s not too much of a burden to do 3 exams in one sitting cuz I’ve heard that P2 has a huge syllabus.
for the purpose of F6 exam,
PETs are transfers made by an individual to another individual.
CLT are transfers made by an individual to a trust.thanx for the advice. I’ll listen to u. Btw the lectures are great, u sure do know how to make a subject interesting
thanks. I asked because I hear some people say otherwise. so I’m goin to learn 1 name from each case and I will not learn the date of acts. it will make things so much easier
and can we remember only one name Eg: in fisher vs bell we say ‘fisher’s case’ will they give us a mark for that?
r u sure? I mean , do we need to remember Criminal justice act 1993 or is stating only criminal justice act be enough?
yea I’ve used yr notes and video lecture. I find that decision trees are not covered in the video lectures.
@ansi
have u used the book for any exams? if so pls tell me the results achieved by using it. i’m doin f4 n f6 this dec n i’ve got d bpp n gtg books for these subjects n also the emile woolf book. but i dunno which one to use. i’m doin homestudy this semester.