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hello Mr Mike!
why there is no workings and calculations attched to elaborate these standards,would that be enough for preparation because i am not satisfied sir,and ain’t it a little quick.please help me through
ThanksTaking IAS 20 first, there really is not a lot to say that isn’t already written in the course notes
When I last lectured a topic where the course notes covered substantially all the important elements, I was castigated for being so boring as to send people to sleep!
Government grants? Either deduct them from the related expense or, if it’s asset related, there are two options available –
either deduct from the asset and depreciate the reduced carrying value over estimated useful life or
credit a deferred income account and feed the grant in over the remaining estimated useful life of the asset
What else is there to say?
Property, plant and equipment? Again, surely the notes are adequate for F7 purposes
I’m sorry that you feel dissatisfied but have you looked at the mini exercises in the notes?
Have you looked at the chapter questions?
Have you followed through the relevant parts of the revision lectures from the old style questions 2 from past exams where I talk through and write on the screen the logic and workings behind the PPE adjustments?
Have you done any of that?
It doesn’t sound like it to me!
you are right sir i am little confused,thanks for helping me sire,
i am grateful 🙂
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