ACCA FR Single Entity Question | How to Solve Step by Step | Mohit Sir
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ACCA FR Single Entity Question | How to Solve Step by Step | Mohit Sir
1 441 просмотр · 1 месяц назад
Global Vsmart
1,66 тыс. подписчиков
1 441 просмотр · 1 месяц назад
ACCA FR Single Entity Question explained step by step by Mohit Sir.
In this ACCA Financial Reporting (FR) session, learn how to approach and solve a Single Entity Question in the exam with the right structure, working notes and presentation technique.
The video explains how to first identify the requirements of the question and then prepare the required formats before starting the adjustments. The question covers Adjusted Profit, Statement of Changes in Equity (SOCIE) and Statement of Financial Position (SOFP).
Topics Covered:
ACCA FR Single Entity Question
Adjusted Profit Calculation
Statement of Changes in Equity
Statement of Financial Position
Convertible Loan Notes
Compound Financial Instruments
Financial Liability & Equity Component
Present Value Calculation
Amortised Cost Method
Revenue Recognition
Contract Asset
Bonus Issue
Share Premium
Retained Earnings
PPE Revaluation
Depreciation
Revaluation Loss
Closing Inventory Adjustment
Exam Presentation & Working Notes
Mohit Sir also explains how to structure your answer so that the examiner can clearly understand where each figure has come from, helping you maximise the opportunity for step marks.
This video is useful for students preparing for the ACCA FR exam and looking for practical Financial Reporting question practice.
⏱️ Chapters
00:00 ACCA FR Single Entity Question Introduction
00:57 How to Identify the Requirements
02:25 ACCA FR Question & Exam Platform
02:54 Starting With Adjusted Profit
04:53 How to Approach Adjustments
05:44 Statement of Financial Position Format
08:23 Statement of Changes in Equity Format
09:21 Convertible Loan Notes
10:33 Compound Financial Instruments
12:03 Financial Liability & Present Value
13:46 Redemption at Par, Discount & Premium
18:30 Present Value Factor
20:16 Present Value Calculation
21:16 Equity Component Calculation
23:03 Amortised Cost Method
26:09 Finance Cost Adjustment
30:02 Revenue Recognition
31:16 Percentage of Completion & Revenue
32:31 Contract Asset
34:01 Step Marking & Showing Calculations
35:42 Bonus Issue
38:38 Bonus Issue Calculation
40:22 Statement of Changes in Equity
42:49 PPE Revaluation
44:25 Revaluation Loss Calculation
45:30 Revaluation Loss Treatment
47:31 Inventory Adjustment
48:50 Closing Inventory & COGS
51:36 Final Adjustments
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