Part 2 - Question and Solutions - SOFP

ACCA FA (F3) Financial Accounting

About this Course

List of Lectures
Accruals Lecture (26:29)
Accruals - Questions and Solutions With Explanations (38:36)
Introduction to Company Accounting (72:32)
Capital Structure - Questions and Solutions with Explanation (38:18)
ACCA F3 Books

Section 1 - Introduction to accounting

Part 1 - Introduction to accounting (59:16)
Part 2 - Questions and Solutions from BPP Kit (25:10)
Assignment 1

Chapter 2 - The regulatory framework

Part 1 - The regulatory framework (32:10)
Part 2 - The regulatory framework (15:37)
Questions and Solutions (25:10)

Chapter 3 - The qualitative characteristics of financial information

Part 1 - The qualitative characteristics of financial information (48:40)
Part 2 - Questions and Solutions from BPP Kit (16:14)

Chapter 4 - Sources, records and books of prime entry

Part 1 - Sources, records and books of prime entry (35:45)

Chapter 5 - Ledgers accounts and double entry

Part 1 - Ledgers accounts and double entry (114:07)

Chapter 6 - From trial balance to financial statements

Part 1 - From trial balance to financial statements (18:22)
Part 2 - Income Statement and Balance Sheet - Example 1 (19:45)
Part 3 - Alpha Company Income Statement and SOFP (27:16)

Chapter 7 - Inventory

Part 1 - Inventory - Introduction (27:05)
Part 2 - Inventory Valuation Methods - FIFO and LIFO (13:27)
Part 3 - Inventory Valuation Methods - Weighted Average (12:43)
Part 4 - Inventory Questions and Solutions (43:40)

Chapter 8 - Tangible non-current assets

Part 1 - Introduction to Tangible non-current assets (11:51)
Part 2 - The Concept of Depreciation (12:14)
Part 3 - Revaluation of Non Current Assets (18:40)
Part 4 - Disposal of Non Current Assets (5:48)
Part 5 - Questions and Solutions (24:30)
Part 6 - Questions and Solutions (22:12)
Part 7 - Questions and Solutions (7:50)
Part 8 - Questions and Solutions (21:24)
Part 9 - Questions and Solutions (12:55)

Chapter 9 - Intangible non-current assets

Part 1 - Introduction to Intangible non-current assets (14:45)
Part 2 - Capitalization Criteria for Intangible non-current assets (11:08)

Chapter 10 - Accruals and prepayments

Part 1 - Introduction to Accruals and prepayments (22:06)
Part 2 - Introduction to Accruals and prepayments (16:30)
Part 3 - Questions and Solutions (22:06)
Part 4 - Questions and Solutions (16:30)

Chapter 11 - Provisions and contingencies

Part 1 - Provisions and contingencies (16:26)
Part 2 - Provisions and contingencies - Example (7:58)
Part 3 - Questions and Solutions (23:02)

Chapter 12 - Irrecoverable debts and allowances

Part 1 - Irrecoverable debts and allowance (20:42)
Part 2 - Irrecoverable debts and allowances (17:15)
Part 3 - Questions and Solutions (12:45)
Part 4 - Questions and Solutions (11:56)
Part 5 - Explanation of Opening and Closing Balances and T Accounts (17:15)

Chapter 13 - Sales tax

Part 1 - Sales Tax Introduction (27:59)
Part 2 - Sales Tax Example (14:30)
Part 3 - Sales Tax - Questions and Solutions (35:08)
Part 4 - Sales Tax - Questions and Solutions (17:09)

Chapter 14 - Control accounts

Part 1 - Control Accounts (39:57)
Part 2 - Control Accounts (25:01)
Part 3 - Control Account Questions and Solutions - BPP Kit (38:39)

Chapter 15 - Bank reconciliations

Part 1 - Bank Reconciliations - Complete Lecture (30:47)
Part 2 - Questions and Solutions (42:04)

Chapter 16 - Correction of errors

Part 1 - Correction of Errors (28:47)
Part 2 - Correction of Errors (25:01)
Part 3 - Questions and Answers (30:05)
Part 4 - Questions and Answers (16:58)
Part 5 - Suspense Account - Questions and Answers (25:09)
Part 6 - Suspense Account - Questions and Answers (39:00)

Chapter 17 - Incomplete records

Part 1 - Incomplete Records - Complete Lecture Video (22:42)
Part 2 - Questions and Solutions (30:56)

Chapter 18 - Preparation of financial statements for sole traders

Part 1 - Preparation of financial statements for sole traders (28:42)

Chapter 19 - Introduction to company accounting.

Part 1 - Introduction to company accounting (23:38)
Part 2 - Introduction to company accounting (25:05)
Part 3 - Introduction to company accounting (23:49)
Part 4 - Questions and Solutions for Capital Structure (10:33)
Part 5 - Questions and Solutions for Capital Structure (27:45)
Part 6 - Questions and Solutions - Interest Expense (7:33)

Chapter 20 - Preparation of financial statements for companies

Part 1 - SOFP - Preparation of financial statements for companies (11:17)
Part 2 - SOCI - Preparation of financial statements for companies (22:40)
Part 3 - Statement of Changes in Equity - Preparation of financial statements for companies (3:59)

Chapter 21 - Events after the reporting period

Part 1 - Events after the reporting period (24:53)

Chapter 22 - Statements of cash flows

Part 1 - Introduction - Statements of cash flows (7:08)
Part 2 - Overview - Statements of cash flows (10:08)
Part 3 - Direct Method - Statements of cash flows (13:52)
Part 4 - Indirect Method - Statements of cash flows (17:11)
Part 5 - Questions for Cash Flow Statements (20:58)
Part 6 - Questions for Cash Flow Statements (28:10)

Chapter 23 - Introduction to consolidated financial statements

Part 1 - Introduction to consolidated financial statements (18:47)
Part 2 - Consolidated financial statements (17:08)

Chapter 24 - The consolidated statement of financial position.

Part 1 - Question and Solutions - SOFP (16:20)
Part 2 - Question and Solutions - SOFP (16:36)
Part 3 - Question and Solutions - SOFP (19:44)
Part 4 - Question and Solutions - SOFP (24:58)

Chapter 25 - The consolidated statement of profit or loss

Part 1 - Topic & Questions and Solutions - The consolidated statement of profit or loss (55:55)

Section 26 - Interpretation of Financial Statements

Part 1 - Interpretation of financial statements (4:50)
Part 2 - Interpretation of financial statements (14:47)
Part 3 - Interpretation of financial statements (18:38)

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Part 2 - Question and Solutions - SOFP

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