exam result

The distinction between operating leases and finance leases has gone

Now we consider the concept of ‘right of use’ and if a person has a right of use of an asset then IFRS 16 applies

This is all set out clearly on pages 87, 88 and 89

The whole area of leasing is made apparently substantially easier than when IAS 17 applied – there will not be a video lecture in time for a September sitting

Your best bet would be the get fully to grips with as many otqs and mtqs as you can and break up that tedium with practicing consolidations and preparation of financial statements for single entities

You strike me now (as you did in all your previous posts) of wanting to concentrate on minutiae instead of getting to grips with the bigger picture

Have you, for example, worked through all the mini-exercises at the back end of the course notes?

Have you followed all the revision lectures where I work through past examination consolidation questions and preparation of financial statement questions

Those are the areas where you focus should be aimed!

OK?