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Leases

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AAA Exams › Leases

  • This topic has 5 replies, 2 voices, and was last updated 6 years ago by Kim Smith.
Viewing 6 posts - 1 through 6 (of 6 total)
  • Author
    Posts
  • April 12, 2019 at 9:47 am #512041
    hbwiza21
    Member
    • Topics: 53
    • Replies: 58
    • ☆☆

    Hi,

    As IFRS16 is effective from 1 Jan 19. Does that mean if exam question has a year end of e.g May 19 or Dec 19 we now apply this standard?

    April 12, 2019 at 10:19 am #512047
    Kim Smith
    Keymaster
    • Topics: 135
    • Replies: 8328
    • ☆☆☆☆☆

    When an document appears on the examinable documents list it is examinable – regardless of its effective date.

    IFRS 16 has been the examinable document for leases since September 2017.

    April 13, 2019 at 3:44 pm #512244
    hbwiza21
    Member
    • Topics: 53
    • Replies: 58
    • ☆☆

    thanks.

    When doing the exam paper. is it a must to start with question 1? Or can you do the questions in any order?

    April 13, 2019 at 5:09 pm #512256
    Kim Smith
    Keymaster
    • Topics: 135
    • Replies: 8328
    • ☆☆☆☆☆

    You can answer Qs in any order – but please do read my article here https://opentuition.com/acca/aaa/advanced-audit-assurance-tackle-exam/

    (Or watch Ken’s lecture on the same.)

    April 14, 2019 at 7:58 am #512336
    hbwiza21
    Member
    • Topics: 53
    • Replies: 58
    • ☆☆

    Thanks Kim

    April 15, 2019 at 7:15 am #512645
    Kim Smith
    Keymaster
    • Topics: 135
    • Replies: 8328
    • ☆☆☆☆☆

    You are most welcome!

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