• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • CIMA Forums
  • Ask CIMA Tutor
  • FIA
  • OBU
  • Buy/Sell Books
  • All Forums
  • Latest Topics

20% off ACCA Books

Books for December 2023 ACCA exams : Get your discount code >>

New! Ask ACCA AI Tutor

Post your questions
& get instant answers

About the amount equal to the TAD needed for non-current asset maintenance

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › About the amount equal to the TAD needed for non-current asset maintenance

  • This topic has 3 replies, 2 voices, and was last updated 1 year ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • September 2, 2022 at 3:04 pm #664940
    acca-keep-going
    Participant
    • Topics: 2
    • Replies: 2
    • ☆

    Hi,

    About the amount equaling to the TAD is needed for maintaining operations information, I understand the effect of this real cash item is to cancel the non-cash flow of tax depreciation that would otherwise have been added back after taxable cash flow and tax amount are worked out. However, can I ask why this real cash expense is listed after the taxable cash flow workings? why isn’t it listed in the section before the taxable cash flow is worked out, such as:

    Revenue – operating expense – maintenance cost – royalties – TAD = taxable cash flow

    In such working, TAD would have been added back nevertheless, after the Tax amount is worked out.

    September 2, 2022 at 3:24 pm #664946
    John Moffat
    Keymaster
    • Topics: 56
    • Replies: 53175
    • ☆☆☆☆☆

    You have a valid point, but all I can state is that the examiner never does this in his answers 🙂

    September 3, 2022 at 12:26 pm #665029
    acca-keep-going
    Participant
    • Topics: 2
    • Replies: 2
    • ☆

    Thank you. I will follow the examiner’s steps then when I encounter such questions in the exam.

    September 4, 2022 at 7:45 am #665074
    John Moffat
    Keymaster
    • Topics: 56
    • Replies: 53175
    • ☆☆☆☆☆

    You are welcome 🙂

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

ACCA News:

 

ACCA Qualification syllabus changes for 2023/24

Need verifiable CPD for 2023? 21 units of FREE CPD on offer from ACCA

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

NEW! Download the ACCA Pass Guide

ACCA mock exams and debrief videos

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

Specially for OpenTuition students

20% off BPP Books

Get BPP Discount Code

Donate

If you have benefited from OpenTuition please donate.

ACCA CBE 2023 Exams

Instant Poll * How was your exam, and what was the result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

PQ Magazine

Latest comments

  • caali94 on Inventory and IAS 2 Valuation of Inventory – Example 5 – ACCA Financial Accounting (FA) lectures
  • John Moffat on Process Costing – Introduction – ACCA Management Accounting (MA)
  • John Moffat on Measures of dispersion – ACCA MA
  • Anjana on Process Costing – Introduction – ACCA Management Accounting (MA)
  • rajesh.chandnani1@gmail.com on Chapter 12 – Capital Gains Tax – Individuals – ACCA Taxation (TX-UK) lectures

Copyright © 2023 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in