• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • CIMA Forums
  • Ask CIMA Tutor
  • FIA
  • OBU
  • Buy/Sell Books
  • All Forums
  • Latest Topics

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for September 2025 exams.
Get your discount code >>

Working in cash flow statement DEC 13 kingdom Qs

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Working in cash flow statement DEC 13 kingdom Qs

  • This topic has 3 replies, 2 voices, and was last updated 5 years ago by P2-D2.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • November 29, 2019 at 10:20 pm #554207
    maxpopper
    Member
    • Topics: 177
    • Replies: 132
    • ☆☆☆

    Sir, here in solution in w1 examiner has shown following

    Income tax:
    Provision b/f (1,850)
    Profit or loss charge (600)
    Provision c/f 500
    Tax paid (= balance) (1,950)

    Sir 2 things I want to ask related to above working

    1) Firstly if instead of the above working, I show it in following way so is it fine

    Income tax:
    Provision b/f 1,850
    Profit or loss charge 600
    Provision c/f (500)
    Tax paid (= balance) 1,950

    2) Secondly, when performing the cashflow statement on spreadsheet then is it necessary to show the above working seperately, if instead of this we just put formula in cell showing tax paid i.e = -(1850+600-500) , would this be fine?

    December 2, 2019 at 10:59 am #554401
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7163
    • ☆☆☆☆☆

    Hi,

    1) Yes you can show it your way, as long as you get the same figure and the same cash flow (i.e. inflow/outflow)

    2) I’d show the working as if you get the wrong number then you would still get partial credit if you show the working, whereas if you just put in the formula then yo wouldn’t score any marks if the answer is wrong. Remember, the examiner cannot see the formula within the cell, they just see your final answer.

    Thanks

    January 4, 2020 at 11:18 am #556819
    maxpopper
    Member
    • Topics: 177
    • Replies: 132
    • ☆☆☆

    Sir from 13.12 to 13.24 it says that “all of the CRQs are expert marked by real markers. These markers can see if you have used formula in the cell and will follow through when marking the exam”

    https://www.youtube.com/watch?v=XE6Bpez73ts

    January 7, 2020 at 10:27 pm #557097
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7163
    • ☆☆☆☆☆

    Yes, that is what they say but I have my doubts and so I’d show your workings.

    Thanks

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • julio99 on Impairments – Impairment (CGU) – ACCA Financial Reporting (FR)
  • effy.sithole@gmail.com on EPS – diluted EPS Example – ACCA Financial Reporting (FR)
  • Ken Garrett on The Finance Function in the Digital Age – CIMA E1
  • DeborahProspect on ACCA SBR Specimen Exam 2 Question 1
  • darshan.69 on Chapter 9 Pension Schemes TX-UK FA2023

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in