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Published Accounts ( IAS 1 Presentation of Financial Statements ) - Reporting 

EZIKAN ACADEMY
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This video explains Published Accounts/ IAS 1 Presentation of Financial Statements for Financial Reporting/ Corporate Reporting Students. The video examines Statement of profit or loss and other comprehensive income, statement of changes in equity, statement of financial position and schedule of property plant and equipment.
The question solved examines IAS 1 Presentation of Financial Statements, IAS 32 Financial instrument presentation, IAS 12 income tax, IAS 16 property plant and equipment and some other standards.
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5 сен 2024

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Комментарии : 22   
@blessingobi-uzu3741
@blessingobi-uzu3741 Месяц назад
This is great
@Ezikan
@Ezikan Месяц назад
Thanks
@ahmednjidda6182
@ahmednjidda6182 3 месяца назад
God bless you sir.
@Ezikan
@Ezikan 3 месяца назад
Amen, thank you
@cross7549
@cross7549 6 дней назад
Sir you are very good oo
@Ezikan
@Ezikan 5 дней назад
Thank you
@timilehinpaul2808
@timilehinpaul2808 Месяц назад
Always enjoy your video sir. Can you state why you prepared a ppe schedule?
@Ezikan
@Ezikan Месяц назад
To ascertain the balance the will be transferred to the statement of financial position
@sampsonsalis7130
@sampsonsalis7130 4 месяца назад
Thank you sir
@Umarcommercial
@Umarcommercial 4 месяца назад
Thank you Sir and please solve the one that is in November 2023 diet
@Ezikan
@Ezikan 4 месяца назад
Noted
@ogungbemibabajidecharles
@ogungbemibabajidecharles 4 месяца назад
Weldon sir, please what of SFM video for may 2024
@Ezikan
@Ezikan 4 месяца назад
Noted
@prosperbello4310
@prosperbello4310 4 месяца назад
Sir..is it right to include the impairment of financial asset with administration expenses or cost of sale.Becos in ur posting ,you separated it..?
@Ezikan
@Ezikan 4 месяца назад
It is right to include impairment loss in administrative expenses
@unyimeinyang3301
@unyimeinyang3301 4 месяца назад
Pls sir why did you include additional information (iv) to distribution cost
@Ezikan
@Ezikan 4 месяца назад
I charged depreciation on motor vehicle to distribution cost because it has been stated in that note (iv) to charge depreciation on motor vehicles to distribution cost
@prosperbello4310
@prosperbello4310 4 месяца назад
Am getting confuse..Also,where the procced of 69,250,000 of disposal of equipment deducted from the revenue include? You also include investment income to other income in ur calculation.i tot other income and investment income are different?
@Ezikan
@Ezikan 4 месяца назад
Inclusion of the proceeds from disposal of an asset in revenue is not ideal. That is a wrong class of accounts. Error of principles. Since question stated that the proceed is already included in revenue, you would need to subtract it from it.
@prosperbello4310
@prosperbello4310 4 месяца назад
@@Ezikan ok sir...but sir,where should the proceed go to in publish account,? Also,u added investment income to other income.is it done that way.?...thank u sir,..am writing this may ICAN diet and I need more understanding..
@Ezikan
@Ezikan 4 месяца назад
You only use the proceeds to calculate the profit or loss on disposal.
@Ezikan
@Ezikan 4 месяца назад
You can include Investment income in other income
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