Is it PPE, IP, H4S or inventory (when you buy land and buildings) - an example discussed.

[@fleximick]

Tom, I wish you taught every ACCA paper!

[@tomclendonaccasbronlinelec7226]

SBR’s a big enough beast for me! 😀

[@nakambachiweza]

Your analysis skills are just at another great level!

[@tomclendonaccasbronlinelec7226]

Thank you. Kind of you to say so

[@mateuszmejza1178]

Only the third video on this channel that I watch and halfway through it my mental dialogue goes "I like this guy!" hehe.
These real life accounting examples told in an engaging way are rare on the internet. Many thanks!

[@tomclendonaccasbronlinelec7226]

Thank you - thanks great feedback - glad you appreciate the videos and find them useful

[@alalekohani1186]

Great explanation. Thanks for your useful video.

[@tomclendonaccasbronlinelec7226]

A pleasure

[@amrmunir4483]

Thanks Tom , i really enjoy your videos its full of great help and energy 💞

[@tomclendonaccasbronlinelec7226]

Thank you for your kind words

[@Mlamsjans]

Great explaination. Thank you Sir

[@tomclendonaccasbronlinelec7226]

Thank you for your thank you

[@ikramfazal5208]

A very good example with complete explanation. This example will surely enhance our way of consideration

[@tomclendonaccasbronlinelec7226]

Thank you

[@pro-educationacademyltd7713]

Tom you still strong in your explanation well done. Ali Khelfaoui

[@tomclendonaccasbronlinelec7226]

Thanks Ali

[@hemashreesampath5157]

Thanks alot sir for such a clear explanation, it really helped me understand the concept

[@tomclendonaccasbronlinelec7226]

glad it helped

[@kellygopiechansingh8168]

This was a fantastic explanation!

[@tomclendonaccasbronlinelec7226]

Thank you Kelly - that is kind of you to say so

[@lessthan90degree]

*Thank you Tom* ! You cleared up so many things especially how to tackle exam questions.

[@tomclendonaccasbronlinelec7226]

No problem. Happy to help

[@kwameodoom1305]

Great Job, Tom. I love it. You might want to take it a little further to explain what happens if the property is not sold after the 12 months period.

[@tomclendonaccasbronlinelec7226]

It can still be inventory! After all some stocks take more than one year to season (wood / whisky) as they have a longer operating cycle

[@shabbirkurawedwala7579]

Brilliant explanation👍

[@tomclendonaccasbronlinelec7226]

Thank you

[@libertydhobhi2869]

Great thanks Tom

[@tomclendonaccasbronlinelec7226]

No worried Liberty

[@mbfajardo]

Great explanation Tom! 👏🏻👏🏻 I

[@tomclendonaccasbronlinelec7226]

Thank you

[@ammars8455]

Hey Tom, great video and explantion.
Also I have doubt regarding if in the group accounts question, will the spreadsheet calculations be marked if we provide discussion in word and calculations in a spreadsheet?

[@tomclendonaccasbronlinelec7226]

Yes it will

[@Ivan-tk7pn]

What if it's an asset held for sale but but still the company continues to get rental income whilst actively marketing it .

[@tomclendonaccasbronlinelec7226]

The lessor would be recognising the rental income in the PL