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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Q2 urgent queries
Hi Mike
here are my quick questions for q2 in f7 exam.
q1) normally we have share increase through a rights issue and we show this in statement of changes in equity. however how do we show this if instead of rights issue, we have an increase in shares through either maturity of convertible loans or bonus issue?
q2) we know that bonds and loan notes are measured at amortized cost. can they be measured at fair value? if this is the case then what is the process? (according to the technical article on acca web, the measurement of bonds/loans at fv is not in f7 syllabus. is that right?)
q3) is there any quick easy rule to understand how deal with restructuring costs?
In statement of changes in equity, increase share capital, decrease share premium or retained earnings, dependent upon where the bonus is financed from
If that’s what the article says, why are you disbelieving it?
It depends what you mean – “how to deal with restructuring costs”
