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Apologies in advance if I have started a new string for an already existing topic.
I hope to sit for my P5 exams in June 2017 but struggling to grasp the content of the subject matter, specially with EVA. I read the student accounting articles, the Kaplan text and attempted the examples and exercises on my own. However, the existence of 2 approaches to derive the NOPAT still confuse me.
Please be kind enough to suggest past paper questions that can be attempted and any other means and methods I can follow to clear this confusion.
Thank you. ?
Have you read the OT notes and lostened the lectures?
You might find some of the replies in this thread useful:
Hi, I would like to ask the Dec 2007 question for EVA,information given on the question for notes 10, how come the other non cash expenses amounted to 12million for 2007 did not adjust for the opening of capital employed for 2016. Thank You.
Becausemthosemexpenses occured after the opening capital employed at the stert of the year.
Hi sir
Sorry there are some typo error for my question.
My ques is for Dec2007 question on EVA notes 10 the information given is non cash expenses for 2006 and 2007. Why for EVA 2007 which take opening of capital employed (Closing of capital employed for year 2016), the adjustment of noncash expenses for year 2016 no need to adjust in the opening of capital employed for calculation of EVA 2007.
If the question did not mention it whether it is already included in the 2006 capital employed, how we know that?
Thank You
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