4. What revenue should be recognised in respect of Contract 3 in Campbell Co’s statement of profit or loss for the year ended 31 December 20X8?
A) $2.06m
B) $2.16m
C) $2.26m
D) $2.36m
A) $2.06m
B) $2.16m
C) $2.26m
D) $2.36m
leave your answers or questions in the comments. You can send explanations as well.
Later, I will try to explain the topic and the answers for the tests
Later, I will try to explain the topic and the answers for the tests
👏3
Forwarded from EcoFin - i
🎉 РАМАЗОНГА МУНОСИБ ИЛМИЙ СОВҒА!
Муҳтарам EcoFin-i канал аъзолари,
Муқаддас Рамазон ойи ва Ийд ал-Фитр муносабати билан Ислом тараққиёт банки институти (ИсДБИ) 18-февралдан 3-апрелгача бўлган муддатда ўзининг барча электрон китобларини мутлақо бепул тақдим этмоқда!
Бу – ислом иқтисодиёти ва молияси соҳасида изланиш олиб бораётганлар учун ноёб имконият.
📚 Нималардан фойдаланиш мумкин?
Ушбу акция доирасида сиз:
📘 Инглиз ва араб тилларидаги китоблар
💰 Исломий микроқарз (microfinance) бўйича илмий ишлар
📊 Йиллик ҳисоботлар (Annual Reports)
📈 Ислом банки, сукук, такафул ва молиявий барқарорликка оид тадқиқотлар
🏛 Сиёсатий таҳлиллар ва стратегик ишланмалар билан бепул танишиш имкониятига эгасиз.
🔎 Нега бу муҳим?
IsDBI каталоги фундаментал тадқиқотлар, амалий қўлланмалар, халқаро тажриба таҳлиллари, академик изланишлар тайёрланган
Энг асосийси мазкур манбалар мутахассислар, академиклар, банк ходимлари, докторантлар ва талабалар учун жуда катта илмий база ҳисобланади.
📲 Қандай фойдаланиш мумкин?
1️⃣ Қуйидаги иловани юклаб олинг:
https://play.google.com/store/apps/details?id=com.irtielab.android
ёки
2️⃣ Расмий веб-сайт орқали киринг:
https://isdbinstitute.org/publication/
📌 Электрон китобни Reader платформасида шахсий кутубхонангизга юклаб олсангиз, акция тугагандан кейин ҳам доимий фойдаланиш имконияти сақланиб қолади.
EcoFin-i – Ислом иқтисодиёти ва молияси канали
Муҳтарам EcoFin-i канал аъзолари,
Муқаддас Рамазон ойи ва Ийд ал-Фитр муносабати билан Ислом тараққиёт банки институти (ИсДБИ) 18-февралдан 3-апрелгача бўлган муддатда ўзининг барча электрон китобларини мутлақо бепул тақдим этмоқда!
Бу – ислом иқтисодиёти ва молияси соҳасида изланиш олиб бораётганлар учун ноёб имконият.
📚 Нималардан фойдаланиш мумкин?
Ушбу акция доирасида сиз:
📘 Инглиз ва араб тилларидаги китоблар
💰 Исломий микроқарз (microfinance) бўйича илмий ишлар
📊 Йиллик ҳисоботлар (Annual Reports)
📈 Ислом банки, сукук, такафул ва молиявий барқарорликка оид тадқиқотлар
🏛 Сиёсатий таҳлиллар ва стратегик ишланмалар билан бепул танишиш имкониятига эгасиз.
🔎 Нега бу муҳим?
IsDBI каталоги фундаментал тадқиқотлар, амалий қўлланмалар, халқаро тажриба таҳлиллари, академик изланишлар тайёрланган
Энг асосийси мазкур манбалар мутахассислар, академиклар, банк ходимлари, докторантлар ва талабалар учун жуда катта илмий база ҳисобланади.
📲 Қандай фойдаланиш мумкин?
1️⃣ Қуйидаги иловани юклаб олинг:
https://play.google.com/store/apps/details?id=com.irtielab.android
ёки
2️⃣ Расмий веб-сайт орқали киринг:
https://isdbinstitute.org/publication/
📌 Электрон китобни Reader платформасида шахсий кутубхонангизга юклаб олсангиз, акция тугагандан кейин ҳам доимий фойдаланиш имконияти сақланиб қолади.
EcoFin-i – Ислом иқтисодиёти ва молияси канали
👏6❤3
ACCA Roadmap | by_Munisa🎓
Let’s revise some key concepts from IFRS 15 – Revenue from Contracts with Customers through this exam-style question. 👇
Ushbu case bo'yicha savollarni ko'rib chiqsak.
Bu ham Financial reportingda muhim mavzulardan biri hisoblanadi❕
Bu ham Financial reportingda muhim mavzulardan biri hisoblanadi❕
🔥4❤2
📘 IFRS 15 – Campbell Co (Correct Answers)
————————————————————
✅ Question 1 — Answer: C
- Revenue is recognised as performance obligations are satisfied ✔️
- Progress can be measured using input OR output methods, not only input ✘
————————————————————
✅ Question 2 — Answer: $6.3m
- Contract is 90% complete
- Total revenue = 90% × $9m = $8.1m (cumulative)
- $1.8m was recognised last year
- So, current year revenue = $8.1m – $1.8m = $6.3m
————————————————————
✅ Question 3 — Answer: D — Contract liability $0.2m
- When progress cannot be reliably measured, revenue is recognised to the extent of recoverable costs
- So $0.2m revenue and $0.2m cost of sales are recognised
- No invoice issued → contract asset, not liability
————————————————————
✅ Question 4 — Answer: C — $2.26m
- Revenue includes equipment + installation (point in time)
- After-sales support recognised over 12 months
- Only 6 months provided → $0.1m deferred
- Total revenue $2.36m – $0.1m = $2.26m recognised
————————————————————
✅ Question 1 — Answer: C
- Revenue is recognised as performance obligations are satisfied ✔️
- Progress can be measured using input OR output methods, not only input ✘
————————————————————
✅ Question 2 — Answer: $6.3m
- Contract is 90% complete
- Total revenue = 90% × $9m = $8.1m (cumulative)
- $1.8m was recognised last year
- So, current year revenue = $8.1m – $1.8m = $6.3m
————————————————————
✅ Question 3 — Answer: D — Contract liability $0.2m
- When progress cannot be reliably measured, revenue is recognised to the extent of recoverable costs
- So $0.2m revenue and $0.2m cost of sales are recognised
- No invoice issued → contract asset, not liability
————————————————————
✅ Question 4 — Answer: C — $2.26m
- Revenue includes equipment + installation (point in time)
- After-sales support recognised over 12 months
- Only 6 months provided → $0.1m deferred
- Total revenue $2.36m – $0.1m = $2.26m recognised
🌐 ACCA Roadmap
❤7
Media is too big
VIEW IN TELEGRAM
📘 ACCA F7 – Revenue (IFRS 15) | Campbell Co Case
Bugungi videoda ACCA F7’da ko‘p tushadigan mavzulardan biri — REVENUE mavzusini sodda va tushunarli qilib ko‘rib chiqdik.
Videoda quyidagilarni tushuntirdim:
🔹 Revenue qachon tan olinadi? - 00:30
🔹 Performance obligation nima? - 01:24
🔹 Over time vs Point in time farqi - 03:13
🔹 Input va Output method qanday ishlaydi - 04:15
🔹 Contract asset va Contract liability farqi - 05:03
Keyin esa Campbell Co case savollari birma-bir ishlangan:
✅ 1 – Asosiy prinsip - 05:45
✅ 2 – % completion hisoblash - 06:40
✅ 3 – Recoverable cost va contract asset - 07:57
✅ 4 – Multiple performance obligations - 09:28
Videoni ko‘rib, savollaringiz bo‘lsa kommentda yozing.
🌐 ACCA Roadmap
Bugungi videoda ACCA F7’da ko‘p tushadigan mavzulardan biri — REVENUE mavzusini sodda va tushunarli qilib ko‘rib chiqdik.
Videoda quyidagilarni tushuntirdim:
🔹 Revenue qachon tan olinadi? - 00:30
🔹 Performance obligation nima? - 01:24
🔹 Over time vs Point in time farqi - 03:13
🔹 Input va Output method qanday ishlaydi - 04:15
🔹 Contract asset va Contract liability farqi - 05:03
Keyin esa Campbell Co case savollari birma-bir ishlangan:
✅ 1 – Asosiy prinsip - 05:45
✅ 2 – % completion hisoblash - 06:40
✅ 3 – Recoverable cost va contract asset - 07:57
✅ 4 – Multiple performance obligations - 09:28
Videoni ko‘rib, savollaringiz bo‘lsa kommentda yozing.
Oxirgi savolda javobni aytgan qismim tushmay qolgan ekan🙈. Servis 0.2 mln.
6 oy bajarilgan:
0.2 × 6/12 = 0.1 mln tan olinadi.
Qolgan 0.1 mln keyingi davrga qoldiriladi.
2.36 – 0.1 = 2.26 mln
🌐 ACCA Roadmap
🔥5❤4
Hi, everyone
Regarding the topic that we were discussing, Revenue from contracts with customers, I want to share another case problem 🔖
Regarding the topic that we were discussing, Revenue from contracts with customers, I want to share another case problem 🔖
❤1
1. What revenue should be recorded (to the nearest thousand) in relation to Contract 1?
$__________,000
$__________,000
❤2
2. What cost of sales should be recorded (to the nearest thousand) in relation to Contract 2?
Anonymous Quiz
40%
$4,200,000
30%
$9,400,000
20%
$5,640,000
10%
$6,800,000
❤3🔥1
3. What should be recorded in the statement of financial position (to the nearest thousand) in relation to Contract 3?
Anonymous Quiz
11%
Nil
44%
$200,000 contract liability
22%
$200,000 contract asset
22%
$500,000 contract asset
❤2
4. Bailey’s assistant accountant is unsure how to deal with a brand new contract where the progress and overall profit cannot yet be ascertained.
Which of the statements below is/are true?
Statement 1 – Where the progress and overall profit are unknown, no contract asset or liability can be recognised.
Statement 2 – Where the progress and overall profit are unknown, revenue should be recognised to the level of recoverable costs.
Which of the statements below is/are true?
Statement 1 – Where the progress and overall profit are unknown, no contract asset or liability can be recognised.
Statement 2 – Where the progress and overall profit are unknown, revenue should be recognised to the level of recoverable costs.
❤3
5. Bailey’s assistant has also enquired about changing the way of measuring the progress of contracts.
Complete the following to show how the change should be applied:
As a change in accounting ____________, applied ____________.
Options: prospectively, retrospectively, estimate, policy.
Complete the following to show how the change should be applied:
As a change in accounting ____________, applied ____________.
Options: prospectively, retrospectively, estimate, policy.
❤3
leave your answers or questions in the comments. You can send explanations as well.
Javoblarni kommentlarda qoldiring. Yana shunday video tayyorlaymi, nima deysiz❓
Javoblarni kommentlarda qoldiring. Yana shunday video tayyorlaymi, nima deysiz❓
🔥3❤2
Forwarded from Dilnoza Zaripova ACCA|FCCA
✨ How I Optimised the Cost of ACCA Studies & Exams
From my recent survey, many of you shared that high costs are the main reason for not starting or continuing ACCA.
Let me show you another perspective.
💬 A Personal Note
Out of my 13 ACCA exams, 9 were prepared entirely through self-study.
I passed them on the first attempt, even while sitting 2–3 papers at a time.
1️⃣ Discipline & Self-Study First
Consistency beats costly programmes. With a clear study plan and strong self-discipline, you can cover most of the syllabus independently.
📚 Use Free Resources:
✔️ ACCA Study Hub
✔️ ACCA technical articles
✔️ Examiner’s reports
✔️ Past exam questions
✔️ Free webinars
2️⃣ Use Trainers Strategically (Not Fully):
✅ Book hourly sessions
✅ Focus on difficult topics
✅ Clarify exam technique
✅ Review mock answers
Targeted support = Significant savings.
3️⃣ Avoid the Common Costly Mistake
❌ Paying for multiple full courses
❌ Passive watching without real practice
❌ Repeatedly postponing exam attempts
✨ Smart studying = Lower costs + Faster progress
If you’d like help structuring a cost-efficient study plan or booking focused sessions, feel free to message me 📩
From my recent survey, many of you shared that high costs are the main reason for not starting or continuing ACCA.
Let me show you another perspective.
💬 A Personal Note
Out of my 13 ACCA exams, 9 were prepared entirely through self-study.
I passed them on the first attempt, even while sitting 2–3 papers at a time.
1️⃣ Discipline & Self-Study First
Consistency beats costly programmes. With a clear study plan and strong self-discipline, you can cover most of the syllabus independently.
📚 Use Free Resources:
✔️ ACCA Study Hub
✔️ ACCA technical articles
✔️ Examiner’s reports
✔️ Past exam questions
✔️ Free webinars
2️⃣ Use Trainers Strategically (Not Fully):
✅ Book hourly sessions
✅ Focus on difficult topics
✅ Clarify exam technique
✅ Review mock answers
Targeted support = Significant savings.
3️⃣ Avoid the Common Costly Mistake
❌ Paying for multiple full courses
❌ Passive watching without real practice
❌ Repeatedly postponing exam attempts
✨ Smart studying = Lower costs + Faster progress
If you’d like help structuring a cost-efficient study plan or booking focused sessions, feel free to message me 📩
🔥6❤2
Good luck ✊🍀
Everyone who is taking exam in March session ✨
P/S: this week is the exam week of acca
Everyone who is taking exam in March session ✨
P/S: this week is the exam week of acca
🔥6👍5
Forwarded from ACCA CAREER
Ranking_2025.pdf
4.3 MB
Oʻzbekistondagi 100 dan ortiq Audit kompaniyalar. Ish izlayotganlar ularning kontaktlarini internetdan topib apply qilib koʻrsangiz boʻladi.
⚡2❤1🔥1
Forwarded from ACCA Uzbekistan
Main Exam Window
Specmen cbe exam platform
Bu yerda xuddi real examdagidek mocklarni ishlab koʻrishingiz mumkin
F1
F2
F3
https://specimen.accaglobal.com/flk.html
Specmen cbe exam platform
Bu yerda xuddi real examdagidek mocklarni ishlab koʻrishingiz mumkin
F1
F2
F3
https://specimen.accaglobal.com/flk.html
🔥2❤1⚡1
Forwarded from Abdulkarim Rustamov | ACCA
I was unable to prepare the Statement of Changes in Equity in my real FR exam in March 2018.
I made stupid but terrible Inheritance tax mistake in Section C of my TX exam in June of 2018.
I was watching substantive procedures and realizing that I could learn them just one day before my real AA exam in September 2018.
I simply knew what to do to find the correct answer but did not understand why I was doing so in my FM exam in September 2018.
I can continue the list nonstop. However, the point is , here I am, an ACCA member who can teach from any subject of ACCA without single spark of fear.
From this week, March exam session is officially on.
Leave your fear away.
Just try to show what you know within the time available. Do your math. If difficult or frightening questions arise, flag them, skip them and solve the questions you can solve without mistakes. You may have time to come back and try difficult questions later.
May you all be victorious in your March 2026 exams, dear Ahli ACCA
I made stupid but terrible Inheritance tax mistake in Section C of my TX exam in June of 2018.
I was watching substantive procedures and realizing that I could learn them just one day before my real AA exam in September 2018.
I simply knew what to do to find the correct answer but did not understand why I was doing so in my FM exam in September 2018.
I can continue the list nonstop. However, the point is , here I am, an ACCA member who can teach from any subject of ACCA without single spark of fear.
From this week, March exam session is officially on.
Leave your fear away.
Just try to show what you know within the time available. Do your math. If difficult or frightening questions arise, flag them, skip them and solve the questions you can solve without mistakes. You may have time to come back and try difficult questions later.
May you all be victorious in your March 2026 exams, dear Ahli ACCA
❤1