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IAS 41

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › IAS 41

  • This topic has 3 replies, 2 voices, and was last updated 5 years ago by Stephen Widberg.
Viewing 4 posts - 1 through 4 (of 4 total)
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  • January 21, 2021 at 2:54 am #607367
    andrewpersaud
    Participant
    • Topics: 4
    • Replies: 6
    • ☆

    Please explain example 1 in chapter 20 IAS 41. The notes answer and video lecture are different.

    January 21, 2021 at 12:39 pm #607442
    Stephen Widberg
    Keymaster
    • Topics: 17
    • Replies: 3444
    • ☆☆☆☆☆

    Sorry if there is an inconsistency – go with the version in the notes – does that version make sense to you?

    I’m not planning to re-record at present as IAS 41 disappears from syllabus in September

    January 24, 2021 at 1:58 pm #607772
    andrewpersaud
    Participant
    • Topics: 4
    • Replies: 6
    • ☆

    Is there any difference between the movement in fair value and physical change in biological assets?

    January 25, 2021 at 10:37 am #607931
    Stephen Widberg
    Keymaster
    • Topics: 17
    • Replies: 3444
    • ☆☆☆☆☆

    No – all changes are reflected in P&L.

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