This video has almost 5,000 views and only 57 likes. Be grateful and hit the Like button to show your appreciation for the great job done explaining the POC concept.
Hi Farhat. It's really wonderful. Just small clarification. In 2nd year total estimated cost should be 450 plus 181 I.e 631ke whereas you have considered 490 plus 181. Why.
Hi Farhat, Thanks for your Amazing videos, Just had one doubt with respect to the 3rd scenario here, what if the cost incurred for the 3rd year was 183,000 instaed of 181,000. ? How do we recognise the additional 2000 expense
I wished Becker did a good job like you did at explaining this section. This was super helpful. Thank you Farhat!
Great. Take a look my Becker FAr supplemental course: farhatlectures.com/courses/2024-far-becker-supplemental-course/ 1 day free trial available.
This is so helpful! Thank you for helping understand how to adjust the costs for the year where the loss occurred!
Glad it was helpful! Thank You. For more, visit my website at: www.farhatlectures.com
This video has almost 5,000 views and only 57 likes. Be grateful and hit the Like button to show your appreciation for the great job done explaining the POC concept.
Hi Farhat. It's really wonderful. Just small clarification. In 2nd year total estimated cost should be 450 plus 181 I.e 631ke whereas you have considered 490 plus 181. Why.
Hi, is this method of recognising onerous contracts still applicable under the current IFRS15 and ias37 climate? thanks!
Hi Farhat, Thanks for your Amazing videos, Just had one doubt with respect to the 3rd scenario here, what if the cost incurred for the 3rd year was 183,000 instaed of 181,000. ? How do we recognise the additional 2000 expense
Can I amend my client's business return for prior years to reflect this method as the previous accountant filed a straight cash = revenue method?