FIN Exam Question – Prepare journal_Asset purchase on different dates and at different exchange rates

Transaction Features: – Asset purchase on different dates and at different exchange rates – Break out dates Downloads Exam Q – Asset purchase on different dates Exam A – Asset purchase on different dates

FIN Exam Question – Calculate Current Tax liability

Download  Exam Q – Calculate Current Tax liability Solution- Calculate Current Tax liability Video answer    

FIN Notes & Critical files

We will keep updating this page. You can utilize these to build your own critical files. Please keep it for your own use.  Click below to download 1.Standalone pricing_V1  

FIN week 1 recording

This video covers – Unit 1, 2 & 3 – how to prepare cashflow statement (direct and indirect method) – revenue recognition question


Fin220_csg FIN – Activities Worked examples-Fin

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 […]