I cannot hide the fact that, your RUclips lectures really help me in the last Exam. I downloaded almost all the videos on FR and PM which I use with Omolehinwa and teach yourself Financial Reporting. I used your videos to start all the topics before using Text books to read further. I passed the 2 subjects. Thank you for not deleting the lectures🎉❤🎉❤
Sir in ur solution,while solving operating activities,u added finance cost and subtracted interest paid later..I didn't get it sir Also,is finance cost and interest paid not similar,if yes,why should both appeared under operating activities?
Finance cost follows the accrual basis i.e interest due both not yet paid may be included in finance cost.while interest paid follows cash basis.Under indirect method, you want to cover profit under accrual based principle to cash and that is while Finance cost/ interest expense should be added.
I cannot hide the fact that, your RUclips lectures really help me in the last Exam. I downloaded almost all the videos on FR and PM which I use with Omolehinwa and teach yourself Financial Reporting. I used your videos to start all the topics before using Text books to read further. I passed the 2 subjects. Thank you for not deleting the lectures🎉❤🎉❤
All glory be to God.
Congratulations.I am happy for you. More of God's grace
❤ good one
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Good bless you Sir
Amen
Good day sir, I appreciate your dexterity in finance and accounting generally, I revered your expertise
Thank you
I have been waiting for your lecture on Indirect method. This is very helpful sir. God bless and expand your knowledge.
Amen
Thank you once again sir for your knowledge transfer, Kudos to you
Thank you
Thanks you so much sir, I really appreciate this sir
Glory be to God
Thanks you sir for this lecture. God bless you. Please help me with the question material or please tell me where to find it
It is from ACCA study text by KAPLAN.
Thank you sir
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I appreciate
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Please where was the question gotten from
Kaplan ACCA study text
Sir in ur solution,while solving operating activities,u added finance cost and subtracted interest paid later..I didn't get it sir
Also,is finance cost and interest paid not similar,if yes,why should both appeared under operating activities?
Finance cost follows the accrual basis i.e interest due both not yet paid may be included in finance cost.while interest paid follows cash basis.Under indirect method, you want to cover profit under accrual based principle to cash and that is while Finance cost/ interest expense should be added.
@@Ezikanok .I just knew that now for the first time ....Thank u sir .
@@Ezikanok .I just knew that now for the first time ....Thank u sir .