SBR Pre-Sep 2024 Mock Debrief (Q3)

In this video an expert tutor debriefs Question 3 of the SBR pre-September 2024 mock exam, giving useful exam tips and guidance on how to succeed in the real exam.
For details check: www.accaglobal...
Attempt the pre-September 2024 mock exams, do self-marking, watch this debrief for selected questions.
Check out SBR Topic Explainers: • Strategic Business Rep...
#ACCA #strategicbusinessreporting #debriefs

[@ishmealsheriff550]

You’re a game changer
Exceptional prese!! Thank you very much.🙏

[@riairsagara8823]

This is a very useful debrief. Especially since you’re looking at students perspective.
Thank you.

[@jiyaahuja1868]

very well explained sir , thankyou.

[@saudhanif1602]

Hi Tom,
the equity method of accountig in IAS-28 suggest that adjusts the investment for the post-acquisition change in the investor’s share of net assets of the investee. As per this shouldn't we record the closing Investment at $15.88m rather than $14.58m ?
Would appreciate if you can clarify this.
Thanks

[@muhammedyahia6997]

yes i think you are correct , the equity instrument is recorded at the consideration paid, and the fair value difference is not recognized in the financial statements .. . i hope he clarify.

[@zathustarlight1926]

It's the scream for me when explaining on the deferred tax liability 😆

[@kingrobinho777]

Do tax deductions not reduce the tax base? I.e. the tax base would then be -$13.9M?