RONAS Academy
RONAS Academy
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IAS 7: Cash Flow Statement Pt.1 |#ias #ifrs #acca #pre-tertiary|
Entities are required to prepare and present financial statements at the end of each reporting period. Despite the comprehensive income providing information about the performance of the business, users and other stakeholders are more interested in the cash movement of the companies over the period. To ascertain all information about cash movement within the organisation for the period, The Cash Flow Statement is required to be prepared. The Cash Flow Statement have its guidelines and provisions outlined in the International Accounting Standard 7.
This video provides all the information, importance, process, and procedure for preparing and presenting the Cash Flow Statement.
Still RONAS: Comprehending the Complications.
00:00 Introduction
02:42 Types of Financial Statements
09:42 Explanation of Cash and Cash Equivalent
14:42 Format of Cash Questions
17:12 Preparing a Full Cash Flow Statement (Operating Activities)
#IFRS9 #FinancialInstruments #IAS32IFRS9IFRS7 #financialreporting #SBR #CorporateReporting #AccountingStandards #IAS #IFRS #universities #ACCA#icag #acca #universities # businesses #fr #convertible bonds
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มุมมอง: 355

วีดีโอ

IFRS 15: Revenue From Contract With Customers Pt. 1 |The Five-Step Approach| #ias #ifrs #acca
มุมมอง 1.4K10 หลายเดือนก่อน
The first item when preparing the income statement is revenue. Revenue is a key performance indicator. Is a key item in the determination of ratios for analyzing and interpreting the financial statements of an entity. Given its importance, the IASB places much priority on the principles guiding its recognition and measurement. IFRS 15 provides the principles governing how revenue from a contrac...
Financial Instrument Pt.3 |Compound Instrument| (IAS 32, IFRS 9 & IFRS 7) #ican #ias #icag
มุมมอง 1.8K11 หลายเดือนก่อน
A major item of almost all businesses is a Financial Instrument. There are several classifications of Financial Instruments such as Financial Assets, Financial Liabilities, Compound Instrument, Derivatives, etc. The several types of Financial Instruments make it complex to account for. Therefore, a step-by-step approach is needed to appropriately account for all types of Financial Instruments. ...
Financial Instrument Pt 2 |Financial Liability| (IFRS 9, IAS 32, IFRS 7) #acca #ias
มุมมอง 3.1K11 หลายเดือนก่อน
A major item of almost all businesses is a Financial Instrument. There are several classifications of Financial Instruments such as Financial Assets, Financial Liabilities, Derivatives, etc. The several types of Financial Instruments make it complex to account for. There is, therefore, a need for a step-by-step approach to appropriately account for all types of Financial Instruments. Three acco...
Financial Instrument |Intro & Recognition| (IAS 32, IFRS 9 & IFRS 7) #ican #ias #icag
มุมมอง 3.5K11 หลายเดือนก่อน
A major item of almost all businesses is a Financial Instrument. There are several classifications of Financial Instruments such as Financial Assets, Financial Liabilities, Derivatives, etc. The several types of Financial Instruments make it complex to account for. Therefore, a step-by-step approach is needed to appropriately account for all types of Financial Instruments. Three accounting stan...
The Revised Conceptual Framework |All You Need To Know| #acca #icag #ican
มุมมอง 40411 หลายเดือนก่อน
The framework to financial reporting is grouped into three; thus, regulatory, conceptual, and ethical frameworks. This video extensively covers all the concepts and principles in the Conceptual Framework. The concepts that underpin the preparation and presentation of financial statements. The video also provides the 8 chapters of the conceptual framework. Let's Learn Together. Channle link: th-...
|Steps to Publish New or Revise IFRS/IAS by the IASB| #ifrs #ias #acca #icag
มุมมอง 7311 หลายเดือนก่อน
The video contains information about the processes and steps the IASB used in publishing or revising IFRSs.
The Regulatory Framework To Financial Reporting |All You Need To Know| #acca #icag #ican
มุมมอง 43411 หลายเดือนก่อน
The framework to financial reporting is grouped into three; thus, regulatory, conceptual, and ethical frameworks. This video extensively covers all the concepts and principles in the Regulatory Framework. The laws, rules, and bodies that govern the preparation and presentation of financial statements. The video also provides the steps the IASB goes through in publishing accounting standards. Le...
IFRS 13 : Fair Value Measurement |All You Need To Know About Fair Value| #acca #icag #icai #ican
มุมมอง 2.5K11 หลายเดือนก่อน
An item of asset or liability will be recognized in the financial statement of the entity with an amount when those assets/liabilities meet the recognition criteria. To get that amount requires measurement. Most reporting standards make use of Fair Value Measurement of an Asset or Liability. Previously, all reporting standards that used fair value measurement had separate guidelines for the use...
IFRS 2: Share-Based Payment Pt. 3 |Cash-Settled SBP with Solved Sample Questions| #acca #icag #ican
มุมมอง 63311 หลายเดือนก่อน
Previously, when an entity issued it equity shares or share options as consideration for services rendered by employees, no entries were carried out in the financial statement of the entity in question. However, if cash is paid to the employee, salary or remuneration expense is recognized. This anomaly led to the introduction of International Financial Reporting Standard 2, Share-Based Payment....
IFRS 2: Share-Based Payment Pt. 2 |Equity Settled SBP Solved Sample Questions| #acca #icag #ican
มุมมอง 70911 หลายเดือนก่อน
Previously, when an entity issued it equity shares or share options as consideration for services rendered by employees, no entries were carried out in the financial statement of the entity in question. However, if cash is paid to the employee, salary or remuneration expense is recognized. This anomaly led to the introduction of International Financial Reporting Standard 2, Share-Based Payment....
IFRS 2: Share-Based Payment [SBP] Pt. 1 |Intro & Equity Settled SBP| #acca #icag #ican #icap
มุมมอง 1.8K11 หลายเดือนก่อน
Previously, when an entity issued it equity shares or share options as consideration for services rendered by employees, no entries were carried out in the financial statement of the entity in question. However, if cash is paid to the employee, salary or remuneration expense is recognized. This anomaly led to the introduction of International Financial Reporting Standard 2, Share-Based Payment....
IFRS 16 LEASES Pt. 6 |LESSEE ACCOUNTING WHEN PAYMENT IS IN ADVANCE| (With Solved Sample Question)
มุมมอง 35111 หลายเดือนก่อน
A lease contract mostly comes in a complex form; parties to the lease contract (Lessee and Lessor) must adopt adequate strategies in accounting for such a contract with all the material facts in the contract being acknowledged appropriately. The International Financial Reporting Standard 16, Leases provides the guidance and the principles for the treatment of lease contracts or transactions. Th...
IFRS 16 : Leases Pt. 5 |Solved Sample Question Under Lessee Accounting| #ACCA #ICAG #ICAP # ICAN
มุมมอง 60511 หลายเดือนก่อน
A lease contract mostly comes in a complex form; parties to the lease contract (Lessee and Lessor) must adopt adequate strategies in accounting for such a contract with all the material facts in the contract being acknowledged appropriately. The International Financial Reporting Standard 16, Leases provides the guidance and the principles for the treatment of lease contracts or transactions. Th...
IFRS 16: Leases Pt 4. |Sale & Lease-Back| #acca #icag #cib #ifrs
มุมมอง 529ปีที่แล้ว
IFRS 16: Leases Pt 4. |Sale & Lease-Back| #acca #icag #cib #ifrs
Activity Based Costing |ABC| With Solved Sample Question (#Mgt. #Accounting/#Performance #Mgt.)
มุมมอง 118ปีที่แล้ว
Activity Based Costing |ABC| With Solved Sample Question (#Mgt. #Accounting/#Performance #Mgt.)
Behind The Scene |RONAS Academy Lessons Making|
มุมมอง 44ปีที่แล้ว
Behind The Scene |RONAS Academy Lessons Making|
IFRS 16: Leases Pt 3. |Lessor Accounting| #acca #icag #cib #ifrs
มุมมอง 814ปีที่แล้ว
IFRS 16: Leases Pt 3. |Lessor Accounting| #acca #icag #cib #ifrs
IFRS 16: Leases Pt. 2 |Lessee Accounting| #acca #icag #cib
มุมมอง 1.3Kปีที่แล้ว
IFRS 16: Leases Pt. 2 |Lessee Accounting| #acca #icag #cib
IFRS 16: Leases Pt. 1 |Introduction to Leases| #acca #icag #cib
มุมมอง 2Kปีที่แล้ว
IFRS 16: Leases Pt. 1 |Introduction to Leases| #acca #icag #cib
IAS 40 Investment Property |#acca #icag #ican|
มุมมอง 1.1Kปีที่แล้ว
IAS 40 Investment Property |#acca #icag #ican|
Comprehending IFRSs Complications Ep. 2 |Framework to Financial Reporting|
มุมมอง 59ปีที่แล้ว
Comprehending IFRSs Complications Ep. 2 |Framework to Financial Reporting|
IAS 33: EARNINGS PER SHARE 4 (Diluted Earning Per Share) |ACCA ICAG CIB|
มุมมอง 806ปีที่แล้ว
IAS 33: EARNINGS PER SHARE 4 (Diluted Earning Per Share) |ACCA ICAG CIB|
IAS 33: EARNINGS PER SHARE 3 (Right Issue of Shares) |ACCA ICAG CIB|
มุมมอง 870ปีที่แล้ว
IAS 33: EARNINGS PER SHARE 3 (Right Issue of Shares) |ACCA ICAG CIB|
IAS 33: EARNINGS PER SHARE 2 (Market and Bonus Issue of Shares) |ACCA ICAG CIB|
มุมมอง 944ปีที่แล้ว
IAS 33: EARNINGS PER SHARE 2 (Market and Bonus Issue of Shares) |ACCA ICAG CIB|
Comprehending IFRSs Complications @Trailer #shorts
มุมมอง 70ปีที่แล้ว
Comprehending IFRSs Complications @Trailer #shorts
IAS 33: EARNINGS PER SHARE 1 (Market Issue of Shares) |ACCA ICAG CIB|
มุมมอง 1.8Kปีที่แล้ว
IAS 33: EARNINGS PER SHARE 1 (Market Issue of Shares) |ACCA ICAG CIB|
Intra-Group Trading! Group Account & Consolidation 6
มุมมอง 1.4K2 ปีที่แล้ว
Intra-Group Trading! Group Account & Consolidation 6
IAS 8: Accounting Policies, Changes in Accounting Estimates and Errors. |With Solved Questions|
มุมมอง 9K2 ปีที่แล้ว
IAS 8: Accounting Policies, Changes in Accounting Estimates and Errors. |With Solved Questions|
IAS 36: Impairment of Assets
มุมมอง 2K2 ปีที่แล้ว
IAS 36: Impairment of Assets

ความคิดเห็น

  • @josephmanu5664
    @josephmanu5664 4 วันที่ผ่านมา

    Pleae you said part of the general pool which is 5,000(invested amount) out of 10,000 was invested to arrive at the investment income. i was expecting the 10,000 to reduce to 5,000 before calculating the weighted average cost of capital but you still maintained the 10,000

  • @mubianachitaani5094
    @mubianachitaani5094 23 วันที่ผ่านมา

    If the extra depreciation is undercharge do you still add to nca

  • @faithmutambara4522
    @faithmutambara4522 25 วันที่ผ่านมา

    Nobody could explain it better thank you so much, now i can do any FI question

    • @ronasacademy
      @ronasacademy 23 วันที่ผ่านมา

      Share with others

  • @faithmutambara4522
    @faithmutambara4522 25 วันที่ผ่านมา

    Uhm hey you are so good in this. Thank you

    • @ronasacademy
      @ronasacademy 23 วันที่ผ่านมา

      Thanks for the feedback. Kindly share with others

  • @faithmutambara4522
    @faithmutambara4522 26 วันที่ผ่านมา

    Nobody has ever explained it in depth this way, thank you so much, i now understand

    • @ronasacademy
      @ronasacademy 26 วันที่ผ่านมา

      @@faithmutambara4522 share with others

  • @faithmutambara4522
    @faithmutambara4522 26 วันที่ผ่านมา

    Well explained, i was struggling to grasp anything on this topic, i actually avoided it,but thank you so much for shedding more light. I can now answer questions

  • @Vickiee_18
    @Vickiee_18 26 วันที่ผ่านมา

    Thank you very much Sir…you’ve made it easy for me to understand🙏

  • @messekarabo8368
    @messekarabo8368 28 วันที่ผ่านมา

    Great work🙏🏽

  • @IbesiDauda
    @IbesiDauda หลายเดือนก่อน

    Nice presentation

    • @ronasacademy
      @ronasacademy หลายเดือนก่อน

      Share with others

  • @matildanakiganda9576
    @matildanakiganda9576 หลายเดือนก่อน

    thanx sir, well explained.. i have fully understood all the videos in IFRS 16. just u made a small mistake on the depreciation figure. but thx

    • @ronasacademy
      @ronasacademy หลายเดือนก่อน

      Well noted, Thanks! Share with others!

  • @marianagoodswin5143
    @marianagoodswin5143 หลายเดือนก่อน

    Thank you

  • @faithndubuisin.6655
    @faithndubuisin.6655 หลายเดือนก่อน

    Sir, what if they said that all of the employees who were expected to leave did not leave ? Are we going to use the 25 employees?

    • @ronasacademy
      @ronasacademy หลายเดือนก่อน

      That will be different situation and must be treated differently.

  • @GROOVE_LORD_OT
    @GROOVE_LORD_OT หลายเดือนก่อน

    ❤❤❤

  • @NurseWinner
    @NurseWinner หลายเดือนก่อน

    Good one

  • @beniceuaaka
    @beniceuaaka หลายเดือนก่อน

    you are very good in explaining this. Thought that it was difficult but got it the 1st time !!!!!!

    • @ronasacademy
      @ronasacademy หลายเดือนก่อน

      @@beniceuaaka Kindly share with others

  • @GOFAONESTANLEY
    @GOFAONESTANLEY หลายเดือนก่อน

    We appreciate your presentation Sir. Where can we find part 6?

    • @ronasacademy
      @ronasacademy หลายเดือนก่อน

      @@GOFAONESTANLEY it will be uploaded sooner

  • @chiamakaconcilia3dorganics
    @chiamakaconcilia3dorganics หลายเดือนก่อน

    you are good🎉

  • @MusomboliSagret
    @MusomboliSagret หลายเดือนก่อน

    Wow this was really nice

  • @NurseWinner
    @NurseWinner หลายเดือนก่อน

    Good one

  • @letwinmudzemba14
    @letwinmudzemba14 หลายเดือนก่อน

    Thank you so much

  • @emmanuelogirigbo849
    @emmanuelogirigbo849 2 หลายเดือนก่อน

    Thank you very much sir for your excellent presentation of IFRS 2...God bless you richly

  • @GiftSunday-jv3hq
    @GiftSunday-jv3hq 2 หลายเดือนก่อน

    Sir, please what if the tax was affected with a certain percentage in the second practical question (43:33)

    • @ronasacademy
      @ronasacademy 2 หลายเดือนก่อน

      Then you adjust the figures with the tax effect

    • @GiftSunday-jv3hq
      @GiftSunday-jv3hq 2 หลายเดือนก่อน

      @@ronasacademy okay, thank you sir.

  • @kazeemdurowoju5189
    @kazeemdurowoju5189 2 หลายเดือนก่อน

    After this Part 3, do you mean another video is to be released that will cater for situation where the choice to make between equity and cash settled SBP?

    • @ronasacademy
      @ronasacademy 2 หลายเดือนก่อน

      Not really

  • @kazeemdurowoju5189
    @kazeemdurowoju5189 2 หลายเดือนก่อน

    Well done sir. However, I am not confused with the expected number of employees used in 20x4 that will leave to be 20. I thought this should be 25 as stated in the opening paragraph. Kindly elaborate on this please. I enjoy your channel though.

  • @chiamakambah5786
    @chiamakambah5786 2 หลายเดือนก่อน

    Thank you so much sir You made it very simplied for me But please I’m looking for your videos on financial asset with solved questions and other financial instruments like hedging, derivates, embedded derivates

    • @ronasacademy
      @ronasacademy 2 หลายเดือนก่อน

      @chiamakambah5786 yet to uploaded

  • @GOFAONESTANLEY
    @GOFAONESTANLEY 2 หลายเดือนก่อน

    Very helpful. We appreciate. Where can we watch part 2?

    • @ronasacademy
      @ronasacademy 2 หลายเดือนก่อน

      @@GOFAONESTANLEY soon

  • @josephodeyale8098
    @josephodeyale8098 2 หลายเดือนก่อน

    Great one sir... but no link to the question

  • @johnegwu7638
    @johnegwu7638 2 หลายเดือนก่อน

    Great lecture sir❤

  • @olaoluwadahunsi5499
    @olaoluwadahunsi5499 2 หลายเดือนก่อน

    The science oriented people who have now come into accounting profession have really complicated accounting treatments these days. I studied accounting right from secondary school into my university educatiòñ. And l got chartered in year 2005. But these day, i find it difficult to understand too much jargòns in the notes to financial statements of any annual reports these days.

    • @ronasacademy
      @ronasacademy 2 หลายเดือนก่อน

      @@olaoluwadahunsi5499 I see: a lot is changing though

  • @EKASVILLA
    @EKASVILLA 3 หลายเดือนก่อน

    Thanks

  • @emmanuelbening1400
    @emmanuelbening1400 3 หลายเดือนก่อน

    How do you name the 1000ghc expenses in this scenario please

    • @ronasacademy
      @ronasacademy 3 หลายเดือนก่อน

      Written Down Value or Impairment

  • @johnarreh1328
    @johnarreh1328 3 หลายเดือนก่อน

    I GIVE YOU FIVE THUMBS UP. A VERY COMPREHENSIVE AND EASY TO UNDERSTAND SUMMAY

  • @KasebaLazarous
    @KasebaLazarous 3 หลายเดือนก่อน

    Fantastic explain

  • @abnershilongo2657
    @abnershilongo2657 3 หลายเดือนก่อน

    ❤ 5:06

  • @seyiizz
    @seyiizz 3 หลายเดือนก่อน

    Why didn't we add Architects fees under the cost of building the plant

    • @ronasacademy
      @ronasacademy 3 หลายเดือนก่อน

      Are you sure is not added?

    • @seyiizz
      @seyiizz 3 หลายเดือนก่อน

      @@ronasacademy it wasn't added, it was only added under the cost of acquiring equipment

    • @seyiizz
      @seyiizz 3 หลายเดือนก่อน

      @@ronasacademy but just to confirm...is it supposed to be added??

    • @ronasacademy
      @ronasacademy 3 หลายเดือนก่อน

      @@seyiizz Yep; once it falls under directly attributable cost

  • @mekwunyesunday1226
    @mekwunyesunday1226 3 หลายเดือนก่อน

    Good presentation.

  • @joansjd
    @joansjd 3 หลายเดือนก่อน

    I love your delivery, How does one get direct contact with you? I need assistance with Fin Accounting as a module.

    • @ronasacademy
      @ronasacademy 3 หลายเดือนก่อน

      Please send me an email on ronasacademy@gmail.com or reach me on +233542341911 Thank you.

  • @AdamsAnthony-z5r
    @AdamsAnthony-z5r 4 หลายเดือนก่อน

    Good morning sir, please I need you to take me on IFRS 19 employee Benefits. Thanks sir

  • @AdamsAnthony-z5r
    @AdamsAnthony-z5r 4 หลายเดือนก่อน

    Well done sir, am your student from Benin City Nigeria. Please your explanation on the treatment of CREDIT Loss under IFRS 9, IAS 32. Also impairment of financial asset.. the treatment of Hedging IFRS 9. Embedded derivative

    • @ronasacademy
      @ronasacademy 3 หลายเดือนก่อน

      Well noted

  • @babatundekoyi789
    @babatundekoyi789 4 หลายเดือนก่อน

    Please share the question screen with the solution throughout the lectures so we can follow. You share at the beginning then close when you're solving

    • @ronasacademy
      @ronasacademy 3 หลายเดือนก่อน

      Well noted

  • @babatundekoyi789
    @babatundekoyi789 4 หลายเดือนก่อน

    Thanks for making this standard simple

  • @babatundekoyi789
    @babatundekoyi789 4 หลายเดือนก่อน

    love your videos. thanks for making this

  • @danieldrinkbeer5204
    @danieldrinkbeer5204 4 หลายเดือนก่อน

    thank you

  • @omario4823
    @omario4823 4 หลายเดือนก่อน

    Very helpful thank you so very much. Kindly help with a link for the videos [ if any ] where you share how the preparation of the Statement of profit or loss as well as the SOFP

    • @ronasacademy
      @ronasacademy 4 หลายเดือนก่อน

      Yet to have a video on that

  • @nwigwechidoziekingsley2060
    @nwigwechidoziekingsley2060 4 หลายเดือนก่อน

    thank you sir. you teaching is truly simplified and well understood.

    • @ronasacademy
      @ronasacademy 4 หลายเดือนก่อน

      Thanks for the feedback. Kindly share with others

  • @WilhelmAmunyela
    @WilhelmAmunyela 4 หลายเดือนก่อน

    God bless y

  • @KarimahAkinola
    @KarimahAkinola 4 หลายเดือนก่อน

    Well simplified. Thank you for your efforts sir, God bless you. Love from Nigeria ❤

    • @ronasacademy
      @ronasacademy 4 หลายเดือนก่อน

      @@KarimahAkinola Thanks for the feedback

  • @ronasacademy
    @ronasacademy 4 หลายเดือนก่อน

    *Join the learning community! Kindly comment, like and share with others. Thank you.*

  • @GladysBitu
    @GladysBitu 4 หลายเดือนก่อน

    Thank you

  • @joshkwaning3100
    @joshkwaning3100 4 หลายเดือนก่อน

    Thank you Ronas Academy. I followed your videos keenly and i passed the Financial Reporting paper (ICAG)

    • @ronasacademy
      @ronasacademy 4 หลายเดือนก่อน

      @@joshkwaning3100 Thanks for your feedback. Share with others