Accounting and Finance Guide

20/07/2021

Congratulations to everyone who has been successful in the latest attempt of ICAP and ACCA examinations, especially those who have qualified in the attempt.

Also, for everyone who have unfortunately not been successful, do not be disappointed. Your efforts were not wasted. Learn from the experience, improve on it and strive for a better result next attempt. 👍

15/06/2021

Information pack for OBU B. Sc. (Hons.) in Applied Accounting has been published for periods 43 and 44.

Some changes have been made which are summarised here.

Info Pack can be accessed here: https://bit.ly/2U2K2L7

27/05/2021

The IFRS Foundation undertook a substantial update to its website in April 2021, which included the introduction of a new IFRS Standards Navigator. This shor...

25/10/2020

Part 2 of the overview of IFRS 16 Leases.

This video provides more detailed requirements of the standard including Lessor Accounting, Sale and Leaseback arrangements and Lease Modifications. Comprehensive examples have also been included for better understanding.

Share if you find it useful :)

https://youtu.be/JTE6Q9WOCeY

For part 1 click here:
https://www.facebook.com/watch/?v=333739751038348

04/10/2020

An overview of IFRS 16 Leases.

This video covers the requirements for identification of a lease in accordance with the standard as well as the recognition and measurement requirements for lessees.

https://www.youtube.com/watch?v=GRjwhSbDm7k

03/09/2020

Part 2 of the overview of IFRS 15 Revenue from Contracts with Customers.

This video covers more detailed requirements of the standard; including contract modifications, contract costs, non refundable up front fees and more.

Hi, This is the second part of the video providing an overview of IFRS 15 Revenue from Contracts with Customers. This video covers more in depth topics in re...

26/08/2020

Summary of the basic requirements of IFRS 15 Contracts with Customers.

The video gives a brief overview of the five step approach towards revenue recognition.