18.4 AssociatesAn associate is an entity over which another entity exertssignificant influence. Associates are accounted for in the consolid ...
2015-04-09 09:04
18.2 Consolidated statement of financial position a. Eliminate cost of investment b. Goodwill and fair value c. Pre-acquisition and Post-acq ...
2015-04-09 09:04Session 18 Consolidated financial statement Main Contents: 1. Introduction to group accounting 2. Consolidated statement of financial positi ...
2015-04-09 09:04
17.3 Cash from operating activities Cash generated from operations Two methods of calculating cash from operations: ●Direct method ●Indire ...
2015-04-09 09:0417.4 Cash from investing activities Cash inflows may include: ●Interest received ●Dividends received ●Proceeds of sale of equipment Cash ...
2015-04-09 09:04
17.5 Cash from financing activities Cash inflows may include: ●Proceeds of issue of shares ●Proceeds of issue of loans/debentures Cash out ...
2015-04-09 08:04小编导读：毛主席曾说过:知彼知己，百战不殆。ACCA考试也是这个道理！学习计划是很重要的。有很多考生觉得自己久经沙场，考试没问题的。我不怀疑中国 ...
2015-04-08 16:04小编导读：各位考生，如果您在学习中遇到任何疑问，请登录高顿部落ACCA论坛，随时与广大考生朋友们一起互动交流！ 进入论坛 ACCA现在已经和国内十多所 ...
2015-04-08 15:04小编导读：ACCA考试科目怎么安排比较好，这是很多考生经常问到的。大家都知道，会计相关专业本科毕业以及相关会计高级证书的同学都免考的机会，那么对 ...
2015-04-08 15:0417.2 Format of a Statement of cash flows Standard headings IAS7 requires a Statement of cash flows to be presented using standard headings: ...
2015-04-07 17:04
16.2 Share capital Ordinary shares(equity shares) vs preference shares Redeemable preference shares: ●Are repayable by the company at a spe ...
2015-04-03 17:04Session 17 Statement of cash flows Main Contents: 1.Need for a statement of cash flows 2.Format of cash flow statement 3.Cash generated from ...
2015-04-02 13:04
16.6 Dividends A.Basic concepts ●Dividends are the share of profits paid out to shareholders. ●Dividends on preference shares are a fixed ...
2015-04-02 13:04
16.7 Financial Statements ●The statement of financial position (Balance Sheet) Example Statement of financial position at 31 December 2004 ...
2015-04-02 13:04
16.5 Income Tax ●Companies are charged income tax on their profit ●Accounting for income tax is initially based on estimates, since a comp ...
2015-04-02 13:04
16.3 Rights issue and bonus issue ●Rights issue: The offer of new shares to existing shareholders in proportion to their present shareholdi ...
2015-04-02 13:0415.2 Net assets approach Accounting equation: Capital = Net assets Movements in capital during the accounting period: Opening capital + Capi ...
2015-04-02 13:0414.4 Material errors (IAS 8) A.errors discovered during the current period which relate to a prior period may arise through: - mathematical ...
2015-04-02 13:04Session 15 Incomplete records Main contents: 1.The circumstances that lead to incomplete records 2.Net assets approach 3.Reconstruction of f ...
2015-04-02 13:04
15.3 Reconstruction of financial statements Where limited financial information has been kept, it is possible to reconstruct the financial s ...
2015-04-02 13:0416.4 Loan notes: ●A limited company can raise fund by issuing loan notes. ●A loan note is a document that is evidence of a debt. ●A perso ...
2015-04-02 13:04
14.2 Suspense account and the trial balance ●A suspense account is an account showing a balance equal to the difference in a trial balance. ...
2015-04-02 13:04
14.3 Adjustment to profit: The correction journal may result in a change in profit, depending on the whether the debits or credits the incom ...
2015-04-02 13:0413.2 Difference between the bank statement and the cash bank Three types of difference may be found: Items recorded in the bank statement (b ...
2015-04-02 11:04
13.3 Preparing a bank reconciliation The bank statement should be adjusted for these items: Balance per bank statement X Less: outstanding/ ...
2015-04-02 11:04Session 14 Correction of errors Main contents: 1.Types of errors 2.Suspense account 3.Adjustments to profit 4.Material errors (IAS18) 14.1 T ...
2015-04-02 11:04
12.5 The mechanism of a control account reconciliation: ●A list of individual balances is prepared from the personal ledger. ●The total of ...
2015-04-02 11:04
12.4 Purchase(payable) ledger control account is used to record the total liability to credit suppliers in the general ledger. The source of ...
2015-04-02 11:04
Session 16 Company accounts Main contents: 1.Characteristics of limited companies 2.Share capital 3.Right issue and bonus issue 4.Loan notes ...
2015-04-02 11:04
12.3 Summary of Sales (receivables) ledger control account is used to record the total amount owed by credit customers in the general ledger ...
2015-04-02 11:04
