Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Operating profit same as PBT?
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P2-D2.
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- September 1, 2025 at 12:04 pm #719736
Chapter 4 Example 1, the answer starts from ‘Operating Profit’ of $15,220,000. Where does this number come from? From the recording it’s PBT which is 15000,000, and I presumed PBT is same as Operating profit. As recording is not yet updated with the updated note presentation, can you please explain what I am missing? Other than that, I got everything right. Thanks a lot!
September 1, 2025 at 12:29 pm #719737One more to ask on the example 2. On the note, answer displays ‘Dividends received 180’ however on the question it’s ‘Interest income 180’. Shouldn’t the answer be ‘Interest received 180’? I checked the recording and apparently question also looks different with the outdated version, as ‘Investment income 180’, hence in this case ‘Dividends received 180’ would be correct.
I understand that the recording is not updated yet. However it is really confusing for students and it takes a lot of time comparing the recording with the notes to understand what’s changed and how I should adjust (different wordings etc). I wish there was at least a comment from teacher what should be updated from the recording so that it’s less confusing for students. Just my 1 cent here, thanks for everything! Very helpful lectures regardless. 🙂
September 10, 2025 at 9:40 pm #719945Hi,
Time hasn’t permitted for the update of the videos, and I apologise for that. It will happen at some point I promise.
To calculate the operating profit we need to work backwards from the PBIT figure. We adjust the 15,000 for the 180 income and 400 expense, i.e. 15,000 – 180 + 400
I’ll look to update the answer for example 2 to take account of the updated narrative.
Thanks
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