- This topic has 1 reply, 2 voices, and was last updated 1 year ago by .
Viewing 2 posts - 1 through 2 (of 2 total)
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.
Congratulations to Jamil from Pakistan and Jeeva from Malaysia - Global Prize winners!
see all ACCA December 2022 Genius Hunt Competition winners >>
Specially for OpenTuition students: 20% off BPP Books for ACCA & CIMA exams – Get your BPP Discount Code >>
Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › PRESENT VALUE OF FUTURE CASH FLOW
IN F7 i have learned that non current liability should be recorded at present value i can calculate it but i am unable to understand that why we need to record at present value what is the reason behid this concept
THANKS
Hi,
Sorry, but I’m not too sure what you mean in your question. Amounts shown in non-current liabilities are measured using whichever is the correct method. This could be the present value of future cash flows if it is a financial liability but will be different for other balances such as deferred tax.
Thanks