Accounting Standards Lectures - IFRS 16 Leases CFA | ICAG | ACCA - Part 2 ias 16

[@NhyiraPremium]

Thank you for watching this video. Become a VIP Member by Subscribing To My Channel goo.gl/Nw9WJU Check out these playlists also Accounting Standards Lectures kzbin.info/aero/PLr0o467TparV0dWblpCOnwN2oVHjmzpKx Management Accounting kzbin.info/aero/PLr0o467TparX-T2HRzbQHeL3GvdeQUjsQ Financial Management kzbin.info/aero/PLr0o467TparXJe7a9Kmh7XIkWCaFdRECO Public Sector Accounting and Finance kzbin.info/aero/PLr0o467TparUVByDsBSUzp4gz7FY-ZCiX Financial Reporting / Corporate Reporting kzbin.info/aero/PLr0o467TparV0dWblpCOnwN2oVHjmzpKx Strategic Case Study kzbin.info/aero/PLr0o467TparWm9hiAwhsmgzG1deg3ZjWk

[@stephenchikoti1915]

Good morning, your teaching is so profound and to the point . i am looking for your teaching on IAS 37 thus Provisions, Contingent Asset and Liability and Also IAS 10 Events after the Reporting Period

[@NhyiraPremium]

Alright, stay connected and I will release these videos soon

[@stephenchikoti1915]

@@NhyiraPremium Thank very Much. you are a great teacher. I am doing Strategic Business Reporting(ACCA) and I Have Exam in June and your help Will be of great Assistance.

[@NhyiraPremium]

@@stephenchikoti1915 awesome. I wish you the very best.

[@tuangazzalisabreen6733]

Well explained sir.

[@amachinwa4346]

Good evening nhyira premium, please do a video on insurance contract

[@olawaleakanbi2296]

Hello sir, pls can you give us the material so we can follow up too?

[@md.khairulamin1712]

Asset and Liabilities of of Lease is not equal, How balance sheet become equal.

[@mohitgupta969]

It’s extract balance sheet.

[@ebenezerarthur9890]

Please After the lock down will be organizing revision classes?

[@NhyiraPremium]

Possibly

[@ebenezerarthur9890]

Please Get me informed when week before before it begins And please the fee

[@deesoller7077]

Hi sir, may I ask what will be the journal entry for the 2000 worth of incentive/bonus at the commencement date of the lease? And what will be the journal entry every end of year to record their allocation over the lease term? Thanks a lot!

[@NhyiraPremium]

Lease bonus reduces the lease liability and that's recognised on the face on the Financial position and allocated over the life of the lease. You can watch the Part two of this lecture because this was explained in that video.

[@deesoller7077]

@@NhyiraPremium alright, thank you and bless your soul for doing this :)

[@muslimahsalahudeen6262]

Hello sir Please why did you solve for only 2 years in the first question

[@ketuojota3522]

when there is a sale and lease back arrangement how is it recognised.

[@NhyiraPremium]

That's a complete lecture and we will cover that soon

[@ketuojota3522]

@@NhyiraPremium when will that be because am preparing for ACCA exam pls can u explain the treatment to me. thank you

[@NhyiraPremium]

@@ketuojota3522 as mentioned, that cannot be explained in a text. It's a whole broadcast we will do. Stay connected.

[@r.isabelnsuenkono9144]

Good morning sir, may I please have the statement of the question?

[@NhyiraPremium]

You can send a message on [phone] for it.

[@9noona809]

The management of Diversified Products Limited (DPL) are investigating whether to increase plant capacity. DPL is a manufacturing company that produces an array of products. One of its products, the Pod, has a selling price of R80 per unit. Based on a market survey, which cost R68 500, the marketing director is convinced that sales will increase for the next five years if the company was to increase current capacity. The marketing manager believes that capacity will increase to 35 000 should DPL buy a new plant. If DPL leased a new plant, there would be extra efficiencies and the capacity would increase to 40 000. The marketing manager will earn a bonus of R90 000 at the end of year three if his estimations are correct. The company’s current capacity is 30 000 units per annum. Each unit has a variable cost of R40 and an allocated fixed cost of R15, based on a capacity of 30 000 units per annum. A new plant could be purchased for R850 000. The new plant has an estimated useful life of five years, at the end of which the salvage value is expected to be R230 000. It is estimated that because of technological advances, the new plant will result in increased efficiencies and a reduction in variable costs of R10 per unit. Fixed costs, other than depreciation, are expected to increase by R5 per unit. The wear and tear allowance for the new machine is the same as the accounting depreciation. The lease payments would be R220 000, payable annually in advance for five years. The company’s WACC is 15%, the cost of equity 18% and the debt-to-equity ratio is 0.6. The company’s tax rate is 28% and taxation is paid annually at the end of the year. Sir are the variable and fixed cost relevant in the above question?

[@lloydsimbeye5191]

why did you account for 2 yrs only

[@teyjinpei7823]

Hi, Sir. Where is the part 3 video?

[@NhyiraPremium]

Hello, you can check the playlist