Statement of cash flows - introduction - ACCA Financial Reporting (FR)

Statement of cash flows - introduction - ACCA Financial Reporting (FR)
Free lectures for the ACCA Financial Reporting (FR) Exam
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[@prettyparadoxicalwoman8285]

You did it for me this was my fourth video BINGO thank you your a great. Teacher teach on!!!!

[@azuka7161]

Wow! Thank you Chris for your explanation. Clear and easy to follow.

[@gabbychalmers861]

Are u writing f7 in March?

[@MonirulIslam-kk9eq]

Aren't you an angel on earth chris

[@nhatantran9977]

Very helpful! Keeping doing these please 🥺🥺

[@kalidmohammed2993]

thank you guys.

[@emmanuelmulenga9471]

Amazing teacher you are........

[@sanskruti9340]

Thank you so much for the video

[@kiraneinesselma9710]

so helpful !

[@rahelmosha8842]

Thanks 😊 for lecture

[@blackamericanlesbianprofes4357]

Thank you so much for your videos so far. Very helpful with my BSc Accounting and Finance degree programme I am taking as an International student at a UK University. Date Stamp: 27may20

[@vladm6966]

👏🏼👏🏼👏🏼💯💯💯

[@leroyalade6566]

So, Sorry in certain exams the investment income is not deducted but is only dealt with when you calculate the Finance activities has there been a change in the way Operating activities are calculated.

[@brianhayden3509]

I'm wondering about the potential inclusion of the Deferred Tax balances in the Tax Payable Ledger (illustrated at around the 13:35 mark). Deferred tax doesn't represent actual payments made - it's a 'pure accounting' calculation to try represent the future consequences of divergence between tax rules and accounting rules when computing income. Also, sometimes an element of Deferred Tax might go against a Revaluation gain rather than be included in the Tax expense ledger, which might mean that the total Deferred Tax movement in an accounting period wouldn't be entirely included in the Tax expense ledger. In such a case, couldn't the tax expense value in P&L consist of a mix of deferred tax movements (as well as possible under/over provisions of prior year tax) resulting in an incorrect tax payment value. To illustrate, imagine opening current tax balance is zero, as is opening deferred tax balance. The closing current tax balance is zero and closing deferred tax balance is 100. The 100 consists of 10 due to an asset revaluation (part of OCI) and 90 due to 'other timing differences' (expense items in P&L). In such an example, the tax expense ledger (tax value in P&L) would only show 90 (part of overall Def Tax movement, the other 10 being debited to Revaluation gain) but when you do the tax payable account per the video, you'd end up calculating a tax refund of 10, even though no such refund was received!

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[@user-bx3uf2ee1z]

Hi Sir, great video. Can I seek your advice, if Director paid on behalf for company expenses (by crediting) to amount owing to Director. In the cashflow statement, the expenses paid on behalf shall reflect under operating or financing?
Reply

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[@alexanderhedge]

There is no video regarding a statement of changes in equity as mentioned at the start of this video

[@opentuition]

Some videos haven’t been recorded yet..

[@alexanderhedge]

Ok no worries, it was just confusing that it was referenced in this video, and at the end of the last video in the series. Still love all the work OpenTution is doing!

[@navvy101]

@@opentuition Are they not recorded yet?

[@deepthireddy3480]

Sir, why you have taken interest paid in operating activities, but why not in financing activity.

[@christoslefkimiotis9889]

What is the difference between Finance cost and Interest paid??

[@AmNonExistant]

Please check debt at amortized cost. It might help with your question.

[@alabirowska1382]

finance cost is part of p&l, calculated on accrual basis, whereas interest paid is part of cfs, amount actually paid out. You would add back finance cost to profit before tax in calc cash via indirect method.

[@carzonedguyAnjaneya]

Well! hello
I'm from india
I'll be appearing for FR exams in june 2023. Can you help me by telling whether these lectures will be applicable for june 2023 exams as they have been posted more than 4 years.
An early reply is awaited.
Regards

[@opentuition]

Always check for the up to date lectures on this page: opentuition.com/acca/fr/acca-financial-reporting-fr-lectures/

[@gazzaeire8702]

Why can’t lecturers in college teach like Chris

[@opentuition]

Why do you need college? when you have OpenTuition? :)

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Aliyaaaa

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indind

[@AchutNayak]

Ind broi

[@deepthireddy3480]

Sir, please reply am waiting for your reply..

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