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respected sire,
Q What are comparatives and how to prepare notes to accounts (aren’t these when u describe in notes the method of depn valuation and how u calculated it) ?Q: what are the IAS and IFRS for all the methodology we used in groups accounts such as step acquisition , step disposal , etc (all the adjustments for groups)?
Q: should i go for the revision kit after completing whole syllabus (lectures,notes,examples of opentuition) ?
Hi,
Comparatives are the figures from the prior year. The notes to the accounts are detailed towards the end of each IAS/IFRS but you don’t need an awareness of them in the exam.
For group accounts you are looking at IAS 27, IFRS 3, IFRS 10, IFRS 11 and IFRS 12.
You will need a revision kit as otherwise you will fail but leave working the questions in it until you’ve covered the entire syllabus.
Thanks
sir for group accounts you never told which IAS OR IFRS is being used in lectures till chapter 8 all these standards who do they actually apply to example ( step acquisition or step disposal which standards are applied tho these from the above standards) ?
Hi,
Don’t worry about which standard the specific rules for group accounts appear, it isn’t worth trying to remember. Just focus on how to apply the rules to the scenario.
Thanks
sire
just for knowledge if i would want to know the standards from where can i know them ?
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