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Free Preview
7 Lessons-
PreviewIAS 36 - Reversal of Impairment (17:58)
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PreviewIAS 36 - CGU Cash Generating Unit with Example (20:52)
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PreviewIAS 38 - Internally Generated Intangible Assets - R&D (18:30)
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PreviewIFRS 15 - Five Steps Model - Significant Financing Component (14:38)
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PreviewIFRS 16 and IAS 12 - Deferred Tax in Leases
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PreviewIAS 37 - Question Environmental Provision (25:44)
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PreviewConsolidated SOFP Exam Question (1:25:28)
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Conceptual Framework
12 Lessons-
StartRead before you begin
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StartResources
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Start1. Conceptual Framework - Part 1 (23:44)
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Start2. Conceptual Framework Part - Scope (13:54)
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Start3. Conceptual Framework - Qualitative Characteristics of Fin Info (11:27)
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Start4. Concepual Framework - Elements of Accounting (01:05:35)
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Start5. Professional Ethics (37:56)
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Start6. Ethical Issues - Question Discussion (22:23)
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Start7. Performance Measure Question Discussion (20:24)
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Start8. IFRS 1 - First Time Adoption of IFRS (26:42)
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Start9. Sustainability Reporting and Integrated Reporting (01:15:33)
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StartComplete Study Notes
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IFRS 18 Prsentation and Disclosures in Financial Statements
6 Lessons-
Start1. Introduction to IFRS 18 (20:19)
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Start2. Structure of Profit and Loss Account (31:03)
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Start3. Classification of Income and Expenses (24:54)
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Start4. Examples of Income and Expenses (19:50)
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Start5. Aggregation and Disaggregation (14:32)
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Start6. MPM - Management Defined Performance Measures (15:43)
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IFRS 15 - Revenue from Contracts with Customers
23 Lessons-
Start🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
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Start1. Introduction and Overview to IFRS 15 (29:29)
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Start2. Five Steps Model Under IFRS 15 - Overview (13:02)
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Start3. Five Steps Model - Identification of Contract and Performance (17:26)
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Start4. Five Steps Model - Variable Consideration (15:16)
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Start5. Five Steps Model - Significant Financing Component (14:38)
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Start6. Five Steps Model - Non Cash Consideration (4:15)
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Start7. Five Steps Model - Allocating Transaction Price to Performance (6:59)
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Start8. Five Steps Model - Recognizing Revenue (32:56)
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Start9. Right to Return, Warranties, Agent and Principal (35:46)
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Start10. Costs to Fulfill a Contract (25:00)
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Start11. Contract Modifications (22:58)
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Start🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
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Start1. Question with Solution - Topic Discussion (20:55)
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Start2. Question with Solution - Financing Component (19:33)
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Start3. Question with Explanation - 1 (19:08)
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Start4. Question - Past Exam Paper (18:59)
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Start5. Question - Discount Allocation (24:31)
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Start6. Revenue Question with Explanation - 2 (12:46)
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Start7. Foreign Exchange (10:47)
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Start8. Delivery and Installation (09:55)
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StartComplete Study Notes
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StartQuiz - IFRS 15
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IAS 16 - Property Plant and Equipment
9 Lessons-
Start🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
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Start1. Recognition and Initial Measurement (44:04)
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Start2. Subsequent Measurement (18:24)
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Start3. Revaluations and Disposals (37:29)
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Start4. Revaluation of NCA (15:47)
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Start🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
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Start1. Question and Discussion - IAS 16, 36, 40 (24:35)
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StartComplete Study Notes
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StartQuiz - IAS 16
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IAS 38 - Intangible Non Current Assets
15 Lessons-
Start🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
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Start1. Introduction to Intangible Assets (11:12)
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Start2. Recognition Criteria (18:37)
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Start3. Acquired Intangible Assets (19:12)
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Start4. Internally Generated Intangible Assets - R&D (18:30)
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Start5. Measurement of Intangible Assets (12:53)
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Start6. Revaluation of Intangible Assets (17:31)
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Start7. Amortisation, Impairment and Disposals (15:34)
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StartComplete Study Notes
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Start🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
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Start1. Questions and Solutions - IAS 16 - IAS 38 (26:08)
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Start2. IAS 38 Burdock IAS 40 (7:22)
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Start3. IAS 38 Kaplan Kit Q 25 Skizer - 1 (34:47)
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Start4. IAS 38 Kaplan Kit Q 25 Skizer - 2 (24:52)
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StartQuiz - IAS 38
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IAS 40 Investment Property
8 Lessons-
Start🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
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Start1. Introduction to Investment Property (11:47)
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Start2. Measurement Principles of IAS 40 (18:42)
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Start3. Further Considerations in FV (11:07)
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Start4. Changing Measurement Models (10:33)
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Start5. Transfers of IAS 40 to IAS 16 (17:01)
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StartComplete Study Notes
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StartQuiz - IAS 40
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IAS 36 - Impairment
12 Lessons-
Start🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
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Start1. Introduction to Impairment of Assets (18:55)
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Start2. FV Less Cost to Disposal and Value in Use (24:44)
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Start3. Impairment Indicators (14:15)
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Start4. CGU Cash Generating Unit with Example (20:52)
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Start5. Recognition of Impairment in Financial Statements (19:22)
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Start6. Goodwill and Imapairment (05:43)
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Start7. Reversal of Impairment (17:58)
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Start8. Kit Q 49 Willow Co (37:38)
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Start9. Kit Q 64 Canto Company - Impairment of CGU (56:49)
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StartComplete Study Notes
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StartQuiz - IAS 36
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IAS 37 - Provisions and Contingencies
17 Lessons-
Start🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
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Start1. Introduction to Provisions (10:57)
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Start2. The Issue Behind The Standard (9:35)
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Start3. Recognition Principle for Provisions (12:34)
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Start4. Measurement and Accounting Treatment (21:18)
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Start5. Warranties Under IAS 37 (3:49)
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Start6. Capitalization of Decommissioning Costs (29:13)
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Start7. Onerous Contracts (6:44)
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Start8. Provision for Restructuring (18:59)
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Start9. Contingent Liabilities (10:37)
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Start10. Contingent Assets (9:03)
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StartComplete Study Notes
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Start🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
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Start1. Questions - IAS 16 - IAS 37 - IAS 23 (29:23)
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Start2. Question - Provision for Restructuring (09:08)
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Start3. Question Environmental Provision (25:44)
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StartQuiz - IAS 37
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Miscellaneous Standards
16 Lessons-
Start🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
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Start1. IAS 20 - Government Grants (35:47)
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Start2. IAS 20 - Government Grants - Compliance of Conditions (04:42)
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Start3. IAS 20 Government Grants Summarised With Two Questions (48:38)
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StartQuiz - IAS 20
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Start4. IAS 41 - Agriculture (23:06)
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StartQuiz - IAS 41
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Start5. IAS 8 - Introduction to Accounting Policies (9:23)
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Start6. Changes in Accounting Policies (22:56)
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Start7. Changes in Accounting Estimates and Prior Period Errors (17:33)
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StartQuiz - IAS 8
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Start8. IAS 10 - Events after the reporting date (25:29)
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StartQuiz - IAS 10
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Start9. IFRS 8 Operating Segments
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Start10. IFRS 5 Non Current Assets Held for Sale (28:52)
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StartQuiz - IFRS 5
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IAS 21 - Foreign Exchange
10 Lessons-
Start🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
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Start1. Foreign Exchange Single Entity (33:50)
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Start2. Exchange Differences and a Foreign Subsidiary (18:48)
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Start🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
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Start1. Question - IFRS 15 and IAS 21 Foreign Exchange (19:23)
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Start2. Question - IAS 16 and IAS 21 Foreign Exchange (14:22)
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Start3. Question - Functional Currency of a Foreign Subsidiary (23:01)
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Start4. Question - IAS 21 and Impact on IAS 12 Deferred Tax (20:09)
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Start5. Question - IAS 21 and Impact on Goodwill (18:42)
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StartQuiz - IAS 21
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IFRS 16 - Leases
17 Lessons-
Start🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
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Start1. Overview and Background of IFRS 16 (19:47)
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Start2. Core Principles of IFRS 16 (19:54)
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Start3. Lease Liability (30:15)
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Start4. Right of Use Asset - ROU (30:14)
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Start5. Exempt Leases (7:10)
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Start6. Sales and Leaseback Overview (15:25)
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Start7. Sales and Leaseback Accounting Treatment (18:40)
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Start8. Re-measurement of Lease Liability (18:11)
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Start9. Lessor Accounting (25:39)
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StartComplete Study Notes
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Start🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
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Start1. Leases short questions from F7 (39:46)
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Start2. Question IFRS 16 Leases (14:14)
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Start3. Sales Lease Back - Question and Further Explanation (56:13)
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Start4. Sale and Lease Back (Additional Fin) ACCA Dec 2023 Exam Q (37:34)
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StartQuiz - IFRS 16
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IAS 12 - Tax
19 Lessons-
Start🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
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Start1. Current Tax (17:00)
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Start2. Deferred Tax Introduction (10:21)
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Start3. Tax Base of an Asset and Liability (14:37)
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Start4. Temporary Differences with Examples (25:40)
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Start5. Question Practice Deferred Tax (20:40)
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Start6. Consolidated FS and Deferred Tax (15:01)
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Start7. Unused Losses and Tax Credits (4:45)
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Start8. Presentation of Deferred Tax Assets and Liabilities (2:52)
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StartComplete Study Notes
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Start🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
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Start1. Question Practice Deferred Tax (20:40)
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Start2. Deferred Tax and Leases IFRS 16 (21:15)
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Start3. Deferred Tax and IAS 36 - Impairment (09:15)
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Start4. Deferred Tax and Intra Group Sales (15:48)
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Start5. Deferred Tax Question (48:23)
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Start6. Deferred Tax Losses (16:22)
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Start7. Question - Leases and Deferred Tax (27:42)
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StartQuiz - IAS 12
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IFRS 9 - Financial Instruments
31 Lessons-
Start🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
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Start1. Introduction to Financial Instruments (15:22)
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Start2. Financial Assets, Liabilities and Equity (18:29)
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Start3. Compound Financial Instrument With Example (33:37)
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Start4. Classfication of Financial Assets and Amortized Cost Concept (50.18)
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Start5. Amortised Cost (29:00)
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Start6. Business Model Test & Contractual Cash Flow (12:26)
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Start7. Equity Instruments in More Detail (17:37)
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Start9. Measurement of Financial Liabilities (9:57)
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Start10. Equity Versus Liability (27:22)
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Start11. Reclassification of Financial Assets (1:39)
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Start12. Own Use Assets and Executory Contracts (20:23)
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Start13. Impairment of Financial Instruments (22:44)
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Start14. Derivatives (30:51)
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Start15. Embeded Derivatives (22:44)
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Start16. Hedging versus Hedge Accounting (20:31)
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Start17. Hedge Accounting (12:32)
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Start18. Types of Hedges and Accounting Treatment (14:44)
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StartComplete Study Notes
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Start🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
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Start1. Past Exam Q Aron Co 1. Convertible Bond (30:46)
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Start2. Past Exam Q Aron Co 2. Share Exchange (10:13)
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Start3. Past Exam Q Aron Co 3. Changes in FV and Impairment Losses (21:53)
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Start4. Kit Q 26 Stent Co (29:27)
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Start5. Kit Q 29 - Staff Loans Treatment McVeigh Co 17:30)
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Start6. Exam Q - Equity Instruments (24:29)
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Start7. Exam Q - Bank Loan (12:31)
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Start8. Exam Q - Loan Notes (15:18)
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Start9. Kit Q 55 - Own Use Assets - Gasnature Co (22:32)
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Start10. Past Exam Q Interest Free Loan From Parent to Subsidiary (12:41)
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StartQuiz - IFRS 9
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IAS 33 - EPS
9 Lessons-
Start🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
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Start1. Introduction to EPS (21:03)
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Start2. Types of Shares and Calculation of EPS (56:03)
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Start3. Recap - Wighgted Average Shares and Bonus Factor (7:40)
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Start4. Diluted EPS (45:10)
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Start🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
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Start1. EPS Short Questions - BPP (47:37)
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Start2. EPS Question (38:28)
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StartQuiz - IAS 33
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IAS 19 - Employee Benefit
8 Lessons-
Start🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
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Start1. Employee Benefits (28:36)
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Start2. Example Solved (23:49)
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Start3. Example Solved (07:04)
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Start4. Kit Q 36 - Pensions - Part 1 (37:44)
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Start5. Kit Q 36 - Pensions - Part 2 (19:33)
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Start6. IAS 19 - Remeasurement & Curtailment - Hudson Co Mock 3 (49:18)
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StartComplete Study Notes
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IFRS 2 - Share Based Payments
14 Lessons-
Start🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
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Start1. Introduction to IFRS 2 Shared Based Payments (13:46)
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Start2. Types of Share Based Transactions (12:23)
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Start3. Definitions and Terminology Used in Standard (9:08)
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Start4. Recognition Criteria in IFRS 2 (4:41)
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Start5. Equity Based Transactions With Example (23:45)
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Start6. SARs Cash Based Settlement - Example Solved (27:46)
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Start7. Choice of Settlement (12:43)
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Start8. Vesting Conditions (10:22)
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Start9. Modifications, Cancellation and Settlements (19:37)
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Start🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
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Start1. Kit Question 61 - Part 1 (29:50)
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Start2. Kit Question 61 - Part 2 (27:35)
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StartComplete Study Notes
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Consolidated Financial Statements - Part 1
22 Lessons-
Start🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
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Start1. Consolidated Financial Statements - Introduction 1 (40:24)
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Start2. Consolidated Financial Statements - Introduction 2 (23:08)
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Start3. Consolidated FS - Net Assets and Goodwill (27:30)
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Start4. Consolidated FS - Consideration (06:27)
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Start5. Consolidated FS - Short Questions (49:59)
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Start6. Consolidation - Markup and Margin (10:44)
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Start7. Consolidation - Unrealized Profit - PUP (14:10)
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Start8. Consolidation - NCI Valuation Methods (12:33)
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Start9. Intra Group Sale of Assets, Interests and Dividends (15:01)
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Start10. Income Statement Introduction (24:23)
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Start11. Income Statement MCQs (22:23)
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Start12. Intra Group Sale of Assets, Interests and Dividends (15:01)
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Start13. Consideration Types And Treatment (10:20)
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Start14. Basic Adjustments to Group Accounts (25:41)
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Start15. Valuation of NCI And Goodwill (20:59)
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Start16. Notional Goodwill Further Discussion (4:31)
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Start17. FV Discussion From Question (6:26)
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Start18. Joint Control (5:32)
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Start19. FV and Deferred Tax (7:18)
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Start20. PUP Opening Stock and Deferred Tax (6:23)
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StartComplete Study Notes
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Consolidated Financial Statements - Part 2
16 Lessons-
Start🔻 PRACTICE STAGE - KIT AND EXAM QUESTION VIDEOS
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Start1. Consolidated SOFP - Party Co (56:17)
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Start2. Kit Q 16 - Angel - Part 1 (40:31)
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Start3. Kit Q 16 - Angel - Part 2 (14:09)
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Start5. Kit Q 15 - Traveler - Impairment (34:23)
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Start6. Kit Q 15 - Traveler - IFRS 9 (17:06)
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Start7. Exam Question - Calculation of Goodwill - Part 1 (25:00)
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Start8. Exam Question - Consolidated SOCI - Part 2 (56:24)
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Start9. Exam Question - Consolidated SOFP Exam (1:25:28)
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Start10. Exam Question - Consolidated Financial Statements (01:13:08)
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Start11. Consolidated SOFP Question 297 - Analysis (28:24)
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Start12. Consolidated SOFP - Q 297 Complete Question with Solutions (54:52)
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Start13. Kit Q - Diamond - Part 1 (36:24)
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Start14. Kit Q - Diamond - Part 2 (22:30)
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Start15. Consolidated SOFP - Complete Question Solution (02:12:13)
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Start16. Consolidated SOCI - Sept 2020 Exam (54:42)
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Consolidated Financial Statements - Part 4 (Extra Content - Not Part of Syllabus)
11 Lessons-
Start1. Step Acquisitions - Investment to Subsidiary - Control Achieved (37:31)
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Start2. Step Acquisitions - Associate to Subsidiary - Control is Achieved (45:47)
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Start3. Step Acquisitions - Investment to Associate - Significant Influence (9:10)
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Start4. Step Acquisitions - Subsidiary to Subsidiary - Control is Retained (20:44)
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Start5. Kit Q 8 SD Co - Step Acquisition (46:04)
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Start6. Disposals - Introduction to Disposals (8:06)
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Start7. Disposals - Where Control in Lost (41:30)
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Start8. Disposals - Where Control in Retained (24:42)
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Start9. Disposals - Disposals of Associates (7:17)
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Start10. Kit Q 12 - Disposals in Groups - Intasha Co (51:45)
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Start11. Kit Q Robby - Step Acquisition (49:20)
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IAS 7 Cash Flow Statement
7 Lessons-
Start🔵 LEARNING STAGE - TOPIC VIDEOS & NOTES
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Start1. Statement of Cash Flow - Introduction (9:47)
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Start2. Statement of Cash Flow - Structure of Cash Flow Statement (14:23)
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Start3. Statement of Cash Flow - Direct Method (13:28)
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Start4. Statement of Cash Flow - Indirect Method (13:56)
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Start5. Consolidation Q - Step Acquisition and Cash Flow Statement (39:32)
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StartQuiz - IAS 7
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IFRS 19 Subsidaries Without Public Accounting
1 Lesson-
StartIFRS 19 Subsidiaries Without Public Accounting Disclosures
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Additional Practice Questions
18 Lessons-
Start1. Intro to Exam Questions (3:13)
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Start2. How to Draft Constructive Response (19:57)
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Start3. Common Adjustments
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Start4. Time Management Issues and Exam Technique (8:14)
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Start5. Question - Joey - Part a i - Calculation of Goodwill (1:12:57)
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Start6. Question - Joey - Part a ii - IFRS 5 Held for Sale Assets (31:20)
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Start7. Question - Joey - Part a iii - Group Retained Earnings (18:22)
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Start8. Question - Joey - Part b - IFRS 2 Share Based Payments (9:35)
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Start9. Kit Q 37 Calcula Co - Part a - IFRS 5 Non Current Asset Held For Sale (27:49)
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Start10. Kit Q 37 Calcula Co - Part b - Integrated Reporting (41:54)
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Start11. IFRS 16 Leases Kit Question 42 (26:56)
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Start12. IFRS 16 Leases Kit Question 49 (9:32)
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Start13. IAS 12 Deferred Tax Scenarios (33:35)
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Start14. IFRS 2 Kit Q Treatment of SARs (29:29)
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Start15. IFRS 2 Kit Q Treatment of Share Options (19:03)
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Start16. IFRS 2 - Question Share Options for PPE (21:11)
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Start17. IFRS 9 - Kit Q 26 Stent Co (29:27)
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Start18. IAS 37 - Cleanex Co - Provisions (36:05)
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Consolidation Revision Before Exam
13 Lessons-
Start1. Consolidated FS Consideration Types And Treatment (10:20)
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Start2. Consolidated FS Valuation of NCI And Goodwill (20:59)
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Start3. Notional Goodwill Further Discussion (4:31)
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Start4. FV Discussion From Question (6:26)
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Start5. Consolidation - FV and Deferred Tax (7:18)
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Start6. Consolidation - PUP Opening Stock and Deferred Tax (6:23)
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Start7. Consolidated SOFP F7 - Q 306 - Party Co (56:17)
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Start8. Consolidated SOFP - Q 297 Complete Question (54:53)
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Start9. Consolidated SOFP Dargent Company - Part 1 (18:09)
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Start10. Consolidated SOFP Dargent Company - Part 2 (1:11:02)
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Start11. Exam Q Consolidated SOFP Exam Question (1:18:13)
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Start12. Consolidated SOCI Kit Q 311 Plastik Company (49:18)
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Start13. Consolidated FS - Past Exam Q - Consolidated SOCI (1:08:37)
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