Category: ACCA F7 Financial Reporting

ACCA F7 Short Notes by AccountanSea Sir Zeeshan Hasan

ACCA F7 Short Notes Dear students, you can download the ACCA F7 Short Notes by clicking the download link given below. These notes are created by the Sir Zeeshan Hasan. He also gave online tuition (AccountanSea) to the students, you can contact him via contact details given in the notes. We hope that these ACCA F7 Short

ACCA BPP Exam Tips for March 2018

ACCA BPP Exam Tips for March 2018 In this post we have shared ACCA BPP Exam Tips for March 2018, these tips will help you to prepare in the upcoming exams. ACCA BPP Exam Tips for March 2018 are the important topics which can be examined in the examination. Please try to focus on the

Elements of the Income Statement

Elements of the Income Statement In this post, we are going to learn about the elements of the income statement. First of all, we should know what is income and what is an expense? We also call income statement as a profit and loss statement. To learn about the income statement, every student should have

Elements of the Financial Statements

The Elements of Financial Statements  The qualitative characteristics are applicable to all information contained in the financial statements. The following elements of the financial statements will be considered separately: Assets  Liabilities  Equity  Income Expenses.

IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors

IAS 8 Accounting Policies are the principles and rules applied by an entity which specify how transactions are reflected in the financial statements. Where a standard exists in respect of a transaction, for example, IAS 8 Accounting Policies and estimates, the accounting policy is determined by applying that standard.

IFRS 5 Non-Current Assets Held for Sale and Discontinued Operations

IFRS 5 Non-current Assets Held for Sale IFRS 5 Non-current Assets Held for Sale and Discontinued Operations says that a discontinued operation is a component of an entity that has been sold, or which is classified as held for sale, and which is: a separate line of business (either in terms of operations or location) part of

IAS 1 Presentation of Financial Statements

Components of Financial Statements According to IAS 1 Presentation of Financial Statements, a complete set of financial statements has the following components: Other reports and statements in the annual report (such as a financial review, an environmental report or a social report) are outside the scope of IAS 1.

Code of Ethics & Standards of Professional Conduct for Accountant

  Code of Ethics: (a) Integrity – to be straightforward and honest in all professional and business relationships. (b) Objectivity – to not allow bias, conflict of interest or undue influence of others to override professional or business judgments. (c) Professional Competence and Due Care – to maintain professional knowledge and skill at the level

ACCA LSBF Class 2018 Notes All Papers Download

ACCA LSBF Class 2018 Notes All Papers Download All Paper Download, you can download the ACCA LSBF Class 2018 Notes All Paper Download by click on the download links given below. LSBF class notes will help you to assist in your exams preparation. LSBF Class notes are in the summarized form and helping many students

IFRS 2 Share Based Payments

IFRS 2 Share Based Payments Introduction IFRS 2 Share Based Payments has become increasingly common. Share-based payment occurs when an entity buys goods or services from other parties (such as employees or suppliers) and: settles the amounts payable by issuing shares or share options, or incurs liabilities for cash payments based on its share price.