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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › FR Dec Prep, is all note and recording updated?
Hi, thanks for the awesome lectures always. I started studying FR and I realised that quite some elements in the recording are not matching with the lecture note. For instance, the answer for the Chapter 3 Example 1, the differences between the lecture note and the recording is as follows;
Note: Revenue, CoS, Gross profit, Operating expenses, operating profit, interest income, Profit before finance and income taxes, Interest expenses on borrowing and lease liabilities, Profit before income taxes, Income tax expense, Profit
Recording: Revenue, CoS, Gross profit, Distribution costs, administrative expenses, PBIT, Financial cost, Investment income, PBT, Tax, Profit
Not only wordings but also orders and extra elements have been changed and added. I presume you must have updated the notes for a reason so I should follow the format that the note presents, but it doesn’t hurt to confirm with you so I thought to ask here.
I don’t know how much more have changed but I really hope I can get through this exam with Opentuition. Thank you so much!
Yes, I need to update the recordings for IFRS18 but haven’t had time to do so. The changes are more a cosmetic/presentation aspect and you should still arrive at the same profit figure.
Thanks
