This article considers the application of IFRS 15, Revenue from Contracts with Customers and the impact it will have on accounting for prompt payment discounts.
Preparing a group statement of financial position
Tom Clendon, a lecturer at FTMS in Singapore, provides a brief overview.
Preparing simple consolidated financial statements
This article focuses on some of the main principles of consolidated financial statements that a Paper F3/FFA candidate must be able to understand and provides examples of how they may be tested in multiple-choice questions.
Trade receivables, irrecoverable debts and allowances for receivables.
Adjustments to financial statements
How to treat the main possible post trial balance adjustments.
Examiner's guidance: Changes to the structure of Paper F3/FFA
A new exam format will be introduced for Paper F3/FFA from 26 February 2014 for the computer-based exam and from June 2014 for the paper-based exam. Both versions of the exam will comprise two sections: Section A containing 35 objective questions for two marks each and Section B containing two multi-task questions for 15 marks each.
How to answer multiple-choice questions
Answering MCQs successfully requires you to develop a range of skills and exam techniques. Taking the steps set out in this article will help you to maximise your marks.
This article considers the benefits of computer-based exams (CBEs), highlights the points that you need to be aware of when completing ACCA's current CBEs, and looks at the different types of questions.
Five steps to multiple-choice success
A five-step approach to answering multiple-choice questions.