SBR Made Easy

Has this podcast helped you? I'm delighted if so! I would be gratetful if you could share it with your LinkedIn/Instagram/Facebook/Reddit followers so that more people can benefit from it. Also, don't forget to share the link to one week of free access to my SBR Study Group: https://forms.gle/hvTDv4neY8776DvFA And hey, I've created an Instagram profile where I'll share SBR quiz...

IFRS 15 and the 5 steps of Revenue recognition. Many students have no idea why they books contain step 1 Identify the Contract since...it's so obvious... Well, not so fast, this episode will show you how the first steps can be tested.  Sign up for a free 1-week access to the SBR Group Chat or enroll to my SBR Course to learn more: https://bit.ly/SBRLK https://acca-tutor.com/

When you study consolidation, NCI-related entries are scattered around different topics. Let's organise everything neatly. And, by the way, you can join my SBR Study Group for 1 week of free access: https://bit.ly/SBRLK https://acca-tutor.com/

Let's face it, the consolidation topic is bad as it is but when it's "enhanced" with the IAS 21 requirements, often it's hard to keep track of all the adjustments needed: do we share forex on Groodwill with NCI? Do we calculate NCI in the functional currency or presentation currency? This is why this episode is a must-watch https://acca-tutor.com/

I hardly ever meet a student that would calculate goodwill impairment correctly. Listen to this episode to learn more. Also, my SBR study group gets launched this Saturday. It's free of charge for the two upcoming weeks and then you can decide whether you want to work with me, a tutor who's had groups with 100% pass rate, or continue with the self-study approach. You can text me via What...

SBR has those nasty standards where you need to talk about the users' perception of the financial statements. Listen to this episode to get prepared for questions like that! https://acca-tutor.com/

Surprisingly, IFRS 8 Operating Segments is tested quite frequently. This is the first part which discusses the key points to pay attention to. https://acca-tutor.com/

Here is a thing: when we see a 10-mark question in SBR, we pay attention to the main standard tested and often loose marks because we don't mention other standards that will be affected by the issue.  This video makes you aware of other standards to look out for. Did you like the episode? Consider sharing it among your social media followers so that more people wouldn't be tricked by SBR...

With Assets Held for Sale we have 2 major questions to answer. Listen to this podcast to learn more. Want to enroll in a course by ACCA Gold Approved Learning Partner that will teach you the tricks to pass? Here it is: https://www.amalearnonline.com/liliya-kirylenka/ Want 1-1 tuition that will make you pass even faster, will improve your mark-earning technique and will teach you to score well even...

The episode is equally vital for Financial Reporting exam takers. The standard takes just a page to read but it includes a fatal misconception students have. Make sure to subscribe to my LinkedIn Profile (Liliya Kirylenka, FCCA) to participate in weekly IFRS quizzes to enjoy the microlearning for the exam https://acca-tutor.com/

Feeling stressed about tomorrow’s ACCA exam results day? Here are a few techniques that will help. But first, let’s talk about the hard truth. You are taking ACCA because you ultimately want to hold a top-level position. Otherwise, why the suffering? As a manager, you will face stress regularly: ⏱ deadlines, KPIs 👮‍♀️pressure from stakeholders 🧩decisions made with imperfect information So today...

Does IAS 40 look like the easiest one? Ha! Wait for an SBR question to ask you when Cost model will be more appropriate for Investment Property. This video draws your attention to how a question that looks like IAS 40 question will in fact test other standards (e.g. the Conceptual Framework in the example above) Join my course to prepare for SBR effectively an efficinty: https://www.amalearnonline...

Oh no, don't say "because of PIRATE criteria", in SBR we need to justify each and every thought, and IAS 38 doesn't have this exact mnemonics, it has been invented for study purposes, so we can't use it as a justification. IAS 38 is tested almost in every sitting. Why? Because even if a company is a manufacturing one, still, it will have lots of Intangible Assets https://a...

This standard is tested frequently in the Financial Reporting exam and you may have a feeling that it's quite easy. Well...no... SBR tests your ability to challenge the scenario, so IAS 37 may come with some unexpected scenarios. In later episodes we'll also look into "When something loks like a provision but it's not" topic. Sign up for my SBR course that teaches people p...

IAS 36 Impairment is tested almost in each and every sitting and is likely to be tested as part of environmental issues question. Ready to pass SBR with a tutor who pays attention to focusing the students to what is important? Join my SBR course: https://www.amalearnonline.com/liliya-kirylenka/ I've had groups with 100% pass rates, so I know how to make busy professionals succeed https://acca...

IAS 16 looks like a basic standard which means it's an ideal candidate to practice your skills! Can you come up with the ways that depreciaiton can be tested? I can. Listen to this episode which illustrates what to expect in respect of the depreciation topic. Ready to take an SBR course to pass? Join me this session: https://www.amalearnonline.com/liliya-kirylenka/ https://acca-tutor.com/

Let's talk about Employee Benefits. This standard is often tested in conjunction with the Cash Flow Statement. Are you taking SBR any time soon? Subscribe to my LinkedIn to participate in weekly IFRS Quizzes: https://www.linkedin.com/in/accatutor/ Or join my course: https://www.amalearnonline.com/liliya-kirylenka/ Did you know that because I'm a member of ACCA Gold Approved Learning Part...

Frankly, IFRS 16 is not the most frequently tested standard but what we can say for sure - it's the standard that you can't reverse engineer.  Please, mind the fact that this podcast just draws your attention to the key points, and this means you still need to study the standard in full. Join my course to do that! https://acca-tutor.com/

As a Tutor, I often see people reading the standard just to get acquainted with the concept. And then they get a question on Level 1, Level 2, Level 3 inputs in the exam and panick. Or they get a question where they need to explain which of the valuations can and cannot be chosen. Strangely enough, IFRS 13 is tested quite often. Subscribe to my course to see exam-specific examples: https://www.ama...

No, it's not only about deferred tax assets and deferred tax liabilities. This episode will be equally important for those who take ACCA FR exam. https://acca-tutor.com/

SBR loves discursive questions. This means you may be required to talk about how the standard changed the financial reporting and why it was important to the users of the financial statements As a member of ACCA Gold Approved Learning Provider, I make sure my course stays up to date: https://www.amalearnonline.com/liliya-kirylenka/ https://acca-tutor.com/

This is a summary of IFRS 16 Leases, the part that talks about lessee's side of accounting. It is a huge standard, that's why it is essential to revise the key points. Want more exam focused content? Join my course which has been developed with a view to show ACCA students what is the most important to pass the exam: https://www.amalearnonline.com/liliya-kirylenka/ https://acca-tutor.com...

Spoiler alert: no, it's not only IAS 38 Intangible Assets. Sometimes it is IFRS 15 Revenue, sometimes it is IAS 32 Financial Instruments: Presentation, etc. In SBR, we are not given marks for just referencing to a standard, we need to EXPLAIN. This video is a must-watch to practice the skill of working with the unknown. https://acca-tutor.com/

SBR doesn't focus on the calculation of ratios. Instead, it tests typical accounting mistakes or manipulations and their impact on the stakeholders' perception of the company. A must-watch episode to deal with Question 2 of SBR https://acca-tutor.com/

SBR tests consolidation very differently from the Financial Reporting exam. To begin with, we have very typical DISCURSIVE questions that have nothing to do with goodwll calculations. Want to study from the best? Check out my SBR course: https://www.amalearnonline.com/liliya-kirylenka/ https://acca-tutor.com/