Skip to content
Main Menu
  • DIPLOMA AND CERTIFICATE MATERIALS
    • CPA NEW SYLLABUS 2021
  • SECONDARY
    • KCSE MARKING SCHEMES
    • NOTES
  • CBC
  • ACTS OF PARLIAMENT
  • Universities
    • UNIVERSITY RESOURCES PDF
  • CPA REVISION KITS
    • CPA Study Notes
    • INTERNATIONAL STANDARDS IN AUDITING (ISA)
  • Teach Yourself Computers

KNEC STUDY MATERIALS, REVISION KITS AND PAST PAPERS

STUDY FOR FREE

  • DIPLOMA AND CERTIFICATE MATERIALS
    • CPA NEW SYLLABUS 2021
  • SECONDARY
    • KCSE MARKING SCHEMES
    • NOTES
  • CBC
  • ACTS OF PARLIAMENT
  • Universities
    • UNIVERSITY RESOURCES PDF
  • CPA REVISION KITS
    • CPA Study Notes
    • INTERNATIONAL STANDARDS IN AUDITING (ISA)
  • Teach Yourself Computers

Month: March 2021

  • Home
  • 2021
  • March

ACCA P2 : CORPORATE REPORTING NOTES

March 31, 2021April 1, 2021 MJ

Frameworks The professional and ethical duty of the accountant Performance reporting and performance appraisal Revenue Non-current assets, agriculture and inventories Foreign currency in individual financial statements Leases Employee benefits Share-based payment Events after the reporting period, provisions and contingencies Financial… Read More

UncategorizedLeave a comment

Questions & Answers

March 31, 2021March 31, 2021 MJ

Test your understanding 1 – Cookie   Cookie, a company, prepares its financial statements in accordance with International Financial Reporting Standards. It has investments in two other companies, Biscuit and Cracker. The statements of financial position of all three companies… Read More

UncategorizedLeave a comment

UK GAAP

March 31, 2021March 31, 2021 MJ

1 Purpose of chapter     The P2 UK paper   This chapter contains the additional syllabus content required for those who are sitting the P2 UK paper.   If you are sitting the P2 INT paper then you do… Read More

Uncategorized1 Comment

Group statement of cash flows

March 31, 2021March 31, 2021 MJ

Objective of statements of cash flows   IAS 7 Statement of Cash Flows provides guidance on the preparation of a statement of cash flows. The objective of a statement of cash flows is to provide information on an entity’s changes… Read More

UncategorizedLeave a comment

Group re-organisations

March 31, 2021March 31, 2021 MJ

Definition of a group reorganisation   A group reorganisation (or restructuring) is any of the following:   the transfer of shares in a subsidiary from one group entity to another   the addition of a new parent entity to a… Read More

UncategorizedLeave a comment

Group accounting – foreign currency

March 31, 2021March 31, 2021 MJ

Key definitions   Foreign currency transactions in the individual financial statements of a company were covered earlier in this text.   Below is a reminder of some key definitions:   The functional currency is the currency of the ‘primary economic… Read More

UncategorizedLeave a comment

Change in a group structure

March 31, 2021March 31, 2021 MJ

Acquisition of a subsidiary   There are two acquisition scenarios that need to be considered in more detail:   mid-year acquisitions   step acquisitions.   Mid-year acquisitions   A parent entity consolidates a subsidiary from the date that it achieves… Read More

UncategorizedLeave a comment

Complex groups

March 31, 2021March 31, 2021 MJ

Complex group structures   Complex group structures exist where a subsidiary of a parent entity owns a shareholding in another entity which makes that other entity also a subsidiary of the parent entity.   Complex structures can be classified under… Read More

Uncategorized1 Comment

Group accounting – basic groups

March 31, 2021March 31, 2021 MJ

Overview of interests in other entities   The following diagram presents an overview of the varying types of interests in other entities, together with identification of applicable reporting standards. The standards referred to in the diagram above cover a range… Read More

Uncategorized1 Comment

Current issues

March 31, 2021March 31, 2021 MJ

1 Introduction     What is meant by a ‘current issue’?   In relation to ‘current issues’, the ACCA P2 study guide says that candidates need to be able to discuss:   recent IFRS Standards   practice and regulatory issues… Read More

UncategorizedLeave a comment

Posts navigation

1 2 … 11 Next

Search

About This Site

We’re a team of professionals who have taught in several schools and been involved in marking of KCPE and KCSE exams. This website has curated content by giving you the best simplified study materials and revision papers for your exams

March 2021
S M T W T F S
 123456
78910111213
14151617181920
21222324252627
28293031  
« Dec   Apr »

Archives

  • March 2023 (204)
  • January 2023 (8)
  • December 2022 (243)
  • November 2022 (91)
  • October 2022 (45)
  • September 2022 (555)
  • August 2022 (293)
  • July 2022 (256)
  • June 2022 (491)
  • May 2022 (1240)
  • April 2022 (1415)
  • March 2022 (1263)
  • February 2022 (440)
  • January 2022 (484)
  • December 2021 (337)
  • November 2021 (125)
  • October 2021 (77)
  • September 2021 (80)
  • August 2021 (52)
  • July 2021 (105)
  • June 2021 (18)
  • May 2021 (93)
  • April 2021 (56)
  • March 2021 (108)
  • December 2020 (218)
  • August 2020 (176)
  • July 2020 (45)
  • March 2020 (2)
  • February 2020 (1)
  • January 2020 (1)
  • December 2019 (1)
  • September 2019 (7)

Recent Posts

  • PROCESS OF POLICY ANALYSIS March 24, 2023
  • IMPORTANCE OF POLICY ANALYSIS March 24, 2023
  • SOCIAL POLICY ANALYSIS AND DEVELOPMENT March 24, 2023
  • IMPACT OF POLICY TO SOCIAL WORK March 24, 2023
  • FACTORS INFLUENCING POLICY FORMULATION March 24, 2023
  • STEPS IN POLICY ANALYSIS AND DEVELOPMENT March 24, 2023
  • RESEARCH IN SOCIAL POLICY March 23, 2023
  • ROLES OF STAKEHOLDERS IN POLICY FORMULATION March 23, 2023
  • FACTORS INFLUENCING NATIONAL SYSTEMS OF EDUCATION March 23, 2023
  • SOCIAL, ECONOMIC AND POLITICAL CONTEXT IN KENYA March 23, 2023

Popular posts:

  • TOPIC 1: FORMS OF BUSINESS UNITS
  • CHAPTER 1 : – INTRODUCTION TO BUSINESS STUDIES
  • CHAPTER SEVEN : HOME TRADE
  • HISTORY AND GOVERNMENT FORM 3 NOTES
  • TOPIC 2 : GOVERNMENT AND BUSINESS
  • BIOLOGY FORM 2 NOTES
  • Purpose/Importance of a Research Proposal
  • BIOLOGY FORM 3 NOTES
  • CHAPTER SIX : THE OFFICE
  • CHAPTER TWO : BUSINESS AND ITS ENVIRONMENT
March 2021
S M T W T F S
 123456
78910111213
14151617181920
21222324252627
28293031  
« Dec   Apr »
Copyright © All rights reserved.
Education Mind by Axle Themes