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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › defination and standard descriptiton
sir just saw i one tutors video where they told that you should rote learn the IFRS standard – name and explanation and this alone has pretty decent weighted
DOUBT – should we rote learn the name and explanation of IFRS standards
Names do not have to be precise, but it must be clear whether you think something is an intangible or PPE, for example. Don’t need to learn standard numbers.
Definitions important (e.g. derivative) but fine if paraphrased (a bit 🙂 ).