AAA-Question 2

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AAA-Question 1

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AAA Slides

Click below to download AAA Slides  AAA320 U1-2 AAA320 U3-4 AAA320 U5-6 AAA320 U7-8 AAA320 U8-10 AAA320 U11-12 Exam Prep A Exam Prep B AAA Notes :  Activity 2.3 notes Activity 2.3_ISA210 ISA 520 & SAPs walk through pack Assertion level risks Walk through questions slides Activity 3.1 Activity 4.3 Activity 5.1 Activity 6.1 Activity […]

FIN Slides

Click below link to download  Newly added integrated practice problem FIN Question Session (Week 4) Integrated Practice Problem Unit 7-9 (Week 5) Integrated Practice Problem Unit 9-11 (Week 6) Integrated Practice Problem Unit 11-12 (Week 7) Integrated Practice Problem Unit 13-14 (Week 8) Integrated Practice Problem Unit 15-17 (For 10 April 2021) FIN 121 Exam […]

Impairment loss

Exp Limited (Exp) owns an equipment that originally cost $86,000 on 1 January 2018 and had a useful life of  4 years with no residual value. On 1 January 2020 the machine was badly damaged. It had previously generated cash income of $30,000 per year, but as a result of the damage its productive capabilities […]

Consideration transferred

On 1 July 2019 Exp Limited (Exp) obtained control of Sky limited (Sky) by acquiring 2 million shares in Sky. Sky has three million issued shares. The purchase consideration comprised the following: $3 million cash to be paid in two installments A First installment of $2 million is due on 1 July 2019 and the […]