Thanks so much...is it Isaac.. you did a great job.. simple explanatiom for a hard concept....you are indeed a great teacher. I can't thank you enough. I would continue to share this video to students and other practitioners to get their facts straight. Good one
Mr Isaac you are a born lecturer! Your lectures are rich and motivating. I can listen to you and go to an examination hall and pass. But my worry is that you have not lectured all topics in FINANCIAL REPORTING (FR). Help us with more our AFRICAN PH Professor
Thank you Mr. Isaac , I really enjoyed your tutorial. But my problems is where you arrived at GHS400,000 investment income. Per the question I red on the screen , i did not see anywhere that state that GHs 400,000 was invested out of the specific loan. Please Kindly explain the source of that Ghs 400,000 investment Incom for me . Thank you.
if a loan agreement has management fees of let say 5% of total loan that should be paid upfront... can you capitalize that fees as part of the qualifying asset?
weren't you supposed to say 400 000 x15% x 6/12 in order to get the interest coming from the specific loan for the 2nd expenditure......I only see you treating the other 400 000 taken from the general loans, what about the other 400 000 from the specific loan?
yeah. I also realized that, so the remaining 400000 after deducting the 600000 from the specific loan how do we treat that please? Anyway, the tutorial was very great. thank you
Thank you Mr. Isaac The amount invested as part of the bank loan (400,000) was not stated in the question, was it omitted? The last expenditure on the project was 31/12/2015 in the question but while solving it, you used 31/09/2015, is it an error in the question?
hi thanks for the explanation i understood everything however on the 31/3/15 it says that u spend 600000 so how come u used 1000000. can u please clarify. thank u
@Sam & Charlesnuru: I don't think Isaacs has to to check anything out. The 400,000 was clearly imbedded in the question. The commencement date of expenditure was 31 March 2015 --- 600,000. leaving the 400,000 of the 1,000,000 bank loan which was invested for 2 months as stated by the question.
@@prem2vee , Help me. how could it be assumed that the investment was only made after the 31st March spending? that 2 months investment space could have been the Ghs 1m anytime from January to the 31st march too right?
I really understood the topic without stress. Fantastic video
Great. Very helpful. It was a thorough and detailed example.
great .. I wish u treated the other IASs
Thanks so much...is it Isaac.. you did a great job.. simple explanatiom for a hard concept....you are indeed a great teacher. I can't thank you enough. I would continue to share this video to students and other practitioners to get their facts straight. Good one
Such a good facilitator
Mr Isaac you are a born lecturer! Your lectures are rich and motivating. I can listen to you and go to an examination hall and pass. But my worry is that you have not lectured all topics in FINANCIAL REPORTING (FR). Help us with more our AFRICAN PH Professor
Thank you very much Isaac. God bless you.
Good job Isaac! It was a great help! Thanks
thank you so much Isaacs can you please make a tutorial on Income taxes IAS12😊
Comprehensively covered. Very informative
Beautiful method of teaching..
Nice attempt.
The date of last interest portion calculation 31/09/15 is not supposed to be 31/12/15?
Thanks for the video Sir! Well put!!!!!
Thank you Mr. Isaac , I really enjoyed your tutorial. But my problems is where you arrived at GHS400,000 investment income. Per the question I red on the screen , i did not see anywhere that state that GHs 400,000 was invested out of the specific loan. Please Kindly explain the source of that Ghs 400,000 investment Incom for me . Thank you.
.
@Olatunbi AbdulHameed total specific loan is 1 million. Spent 600,000. Therefore the portion that was invested is 400,000.
woow this was of great help for me . thank you
Isaacs why on Earth did u stop making videos you really a helping hand paaa
You made it simple, thank you!
good explanation
Thank u Isaac. Ur a good teacher.
Thank you! Very clear explanation
Thanks Isaac. Very helpful tutorial
God bless you 🙏🏽🙏🏽 thanks so much
HELPFUL, THANKS
Please begin to provide a lecture on public sector accounting. good job
great lecture.
Good tutotrials
really helpful isaac
Think you
if a loan agreement has management fees of let say 5% of total loan that should be paid upfront... can you capitalize that fees as part of the qualifying asset?
WELLDONE WELL EXPLAINED
very good
Please, how would you determine the cost of the part of the project that is completed and apply the rate
that's helpful. Thanks for uploading :)
where is tsh 400000 investment income coming from as it is not shown on the illustrative question!
thank you Sir
Thanks Isaacs!
Very helpful but where can I get this question coz I wanna do it myself?
thank you sir you are a good lecture
Thank You Sir Isaac
🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥
Tanx bro God Bless you
Please I didn't see u give importance to the date of completion like you did with the date of commencement will it not affect anything?
am confused on the way the 400000 came about especially in the investment income but eniwe thax for the tutorial
did you finally find out how he got the 400 000?
1,000,000-600,000 expenditure= 400,000
that was a great lecture .......although there are a few errors on the question
God bless u. pls can u throw more light on, when there is cooperate assets
Why are we using 400000 as investment income
Pls how did you get the 400000 for the investment income calculation
Specific loan 1,000,000
Expenditure on 31-3-15 (600,000)
Balance of 400,000 which were invested for 2 months@ 9% was 6000
@@Mostafakamalbalti during the year can mean anytime from March to December, how did you come to the conclusion of March? (600 000)
Hi. The video was really helpful. Can you make one on IAS 38
very helpfull
weren't you supposed to say 400 000 x15% x 6/12 in order to get the interest coming from the specific loan for the 2nd expenditure......I only see you treating the other 400 000 taken from the general loans, what about the other 400 000 from the specific loan?
yeah. I also realized that, so the remaining 400000 after deducting the 600000 from the specific loan how do we treat that please? Anyway, the tutorial was very great. thank you
I think he missed the 400,000 balance on the specific loan.. anyway the concept was very clear
I think this too, out of 1000,000 we he only worked out specific loan interest of 600000, 400,000 is missing
Carlos Robert periods of expending on the project were different
very useful tutorial thank you
Thank you Mr. Isaac
The amount invested as part of the bank loan (400,000) was not stated in the question, was it omitted?
The last expenditure on the project was 31/12/2015 in the question but while solving it, you used 31/09/2015, is it an error in the question?
Was wondering the same
Yup it should be 0 months unless question typo
I just want to confirm, unless told otherwise, we must assume specific borrowings were exhausted first?
Yes, unless otherwise stated, you have to exhaust the specific loans before moving onto the general pool of loans
hi thanks for the explanation i understood everything however on the 31/3/15 it says that u spend 600000 so how come u used 1000000. can u please clarify. thank u
there are mistakes in your question....investment income of 400,000 was not stated and 300,000 expenditure date is wrong
+Sam Beth Oh OK, I will check it out. Thanks for the feedback
+Isaacs forum 400,000 wasn't stated in the question
@Sam & Charlesnuru: I don't think Isaacs has to to check anything out. The 400,000 was clearly imbedded in the question. The commencement date of expenditure was 31 March 2015 --- 600,000. leaving the 400,000 of the 1,000,000 bank loan which was invested for 2 months as stated by the question.
@@prem2vee , Help me. how could it be assumed that the investment was only made after the 31st March spending? that 2 months investment space could have been the Ghs 1m anytime from January to the 31st march too right?
Am confused where in that question i can find 400,000
On 31-3-15 (1,000,000-600,000(expenditure))= 400,000 balance which were invested for 2month @9% = 6000 investment income
1000000-600000=400000
I don't understand the 400 000 investment income
적격자산(qualifying assets)인건 알아듣겠네
Bekkar
Thank you sir