Thank you sir, this was so helpful. I have one question, when calculating the group profit on disposal you couldnt find the $300m for the retained interest and you said it is because of the software, my question is, how can we trust this new software and what if something like this happens within the exam what should we as students do? Do we just lose those simple marks?
Also, compared to what i learnt from the example given in opentuition lectures on convertible debentures, the effective interest rate was used to calculate the interest on the debt component but in this example i see it is the discount rate that was to calculate the interest expense, So which is the right one ?
Thanks for this, it is very helpful. However, the way in which you answered the questions in bullet point format is contrary to the standard set by ACCA as they claim to not accept this format? In addition, they specifically point out "Avoid numbering the points made within an answer" so I'm a little confused now...
@@FUCKAPOELOULLES I actually passed this last June and ended up answering the questions in the format of one paragraph (sometimes as short as sentences) for each point. Explain the point and always try to either give an example or use the word "because". Good luck! :)
@@dumbdumbdumbsan3054 Congrats to you man! I am a first timer and my exam is fast approaching. Trying to squeeze out some exam technique guidance as the last step. Appreciate the answer! Thank you!
It is the International Accounting Standard on Property, Plant, and Equipment. I do suggest that you watch our course lectures - they are a complete free course covering everything needed to be able to pass the exam well. The link to them is immediately below the video lecture.
Thank you sir, this was so helpful. I have one question, when calculating the group profit on disposal you couldnt find the $300m for the retained interest and you said it is because of the software, my question is, how can we trust this new software and what if something like this happens within the exam what should we as students do? Do we just lose those simple marks?
Also, compared to what i learnt from the example given in opentuition lectures on convertible debentures, the effective interest rate was used to calculate the interest on the debt component but in this example i see it is the discount rate that was to calculate the interest expense, So which is the right one ?
Thanks for this, it is very helpful. However, the way in which you answered the questions in bullet point format is contrary to the standard set by ACCA as they claim to not accept this format? In addition, they specifically point out "Avoid numbering the points made within an answer" so I'm a little confused now...
I have the same question about this one!
@@FUCKAPOELOULLES I actually passed this last June and ended up answering the questions in the format of one paragraph (sometimes as short as sentences) for each point. Explain the point and always try to either give an example or use the word "because". Good luck! :)
@@dumbdumbdumbsan3054 Congrats to you man! I am a first timer and my exam is fast approaching. Trying to squeeze out some exam technique guidance as the last step. Appreciate the answer! Thank you!
Do we have to write down the workings or we can just use excel formulae for our calculations...
Sir what is ias16
It is the International Accounting Standard on Property, Plant, and Equipment. I do suggest that you watch our course lectures - they are a complete free course covering everything needed to be able to pass the exam well. The link to them is immediately below the video lecture.