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Hello opentuition
First of all i should say thanks for all of your brilliant lectures and other helpful resources because it helped me to finish the whole syllabus of FR entirely and i will be in reviewing process in three days.
However the only subject that remains open is about inflation in accounting which is in chapter 22 of BPP book
I just wanted to make sure whether its in the syllabus for September exam or not
And if yes whether it would be in calculation subjects or theoretical subjects
Actually i read about it in my book but i was just capable of getting the advantages and disadvantages of historical cost accounting and current cost accounting and also a general topic of what is financial capital and physical capital and their difference but i totally failed in understanding CPP and CCA and the calculation parts of that.
Despite all i have said i want to know is it something to worry about if i leave this chapter from now on(do not learn CPP and CCA and their calculations)?
I would be so thankful if you clarify this to me.Thanks again?
Hi,
The inflation aspect comes in with the capital maintenance section. I’d not read too much into it, but if you get the chances to learn the advantages and disadvantages then it might help with a multiple choice question if it were to arise. I doubt that there will be any complicated calculations, if any at all.
Thanks
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