IFRS 11- Joint Arrangements - for CTA & Postgrads

These notes are specifically designed for students registered for FAC4862 & FAC4864.

Includes very important concepts required at this level;

• Application of IFRS 11 Definitions
• Classification of Joint Arrangements as either Joint Venture or Joint Operation.

IFRS 15- Revenue Recognition- for CTA & Postgrads

These notes are specifically designed for students registered for FAC4862 & FAC4864.

Includes very important concepts required at this level;

• IFRS 15- 5 step model of revenue recognition
• Each step clearly summarised.

IFRS 11- Joint Arrangements - for CTA & Postgrads

These notes are specifically designed for students registered for FAC4862 & FAC4864.

Includes very important concepts required at this level;

• Application of IFRS 11 Definitions
• Classification of Joint Arrangements as either Joint Venture or Joint Operation.

IFRS 15- Revenue Recognition- for CTA & Postgrads

These notes are specifically designed for students registered for FAC4862 & FAC4864.

Includes very important concepts required at this level;

• IFRS 15- 5 step model of revenue recognition
• Each step clearly summarised.

Risk of Material Misstatements for CTA & Postgrads

These notes are designed for CTA & Postgraduate students registered for AUE4861 & AUE4862.
Includes key indicators and descriptions for:

• Risk of Material Misstatements at the Overal Financial Statement Level
• Risk of Material Misstatements at the Assertion Level

Weighted Average Cost of Capital( WACC) for 2nd Year students

These summarised notes on cost of capital will help 2^nd year students to master the calculations & understanding of the following:

1. Cost of Equity 

2. Cost of debt

3. Cost of Preference Shares

4. Weighted Average Cost of Capital (WACC)

Gross Income Definition-for 3rd Years

These notes are suitable for 3rd year students registered for TAX3701, TAX3702 and TAX3761.

Summarised notes includes:

• Gross Income Definition
• Case Law - for all components of the Gross Income definition.
• Application of Caselaw and the Gross Income definition.

Value Added Tax (VAT) for 3rd Years

• These notes are best for 3rd year students registered for TAX3701 & TAX3761.
• All key aspects of VAT explained.

Sec 11a- General Deduction Formula- for 3rd Years

These notes are best for students registered for TAX3701 & TAX3761.

Includes the General deduction formula, application of caselaw for all components of the general deuction formula

Inventory -IAS 2 for CTA & Postgrads

• This is suitable  and highly recommended for students studying FAC4861 and FAC4863.
• The summarised notes covers all aspects of IAS 2 including detailed calculations and explanations.
• We used typical exam questions to explain all the requirements of IAS 2.

IAS 12- Income Taxes for CTA & Postgrads

Summaried notes on key aspects of IAS 12 for CTA Level 1 & CTA Level 2 students.

Joint Arrangements- IFRS 11 for 3rd Years

These notes covers the key principles of Joint Arrangements.

They are suitable for 3rd Year students registered for FAC3704 & FAC3762

• Key Definitions
• Classification of Joint Arrangements (Joint Venture or Joint Operation)

ECS1501: Topic 1 - The study field of economics

Take 20minutes to learn the following:

1. explain the economic problem of scarcity
2. explain the meaning of unlimited needs and wants and scarce resources
3. distinguish between scarce goods and free goods
4. explain the three fundamental questions
5. describe and distinguish between the factors of production and give examples of each
6. explain the concept opportunity cost

ECS1501: Topic 2 - The economist’s toolkit

Straight to the point notes for you to be able to:

1. Explain how economists test hypotheses, develop economic theories, and use models in their analyses.
2. Explain how the all-other-things unchanged (ceteris paribus) problem and the fallacy of false cause affect the testing of economic hypotheses and how economists try to overcome these problems.
3. Distinguish between normative and positive statements.
4. Distinguish between microeconomics and macroeconomics

Asset for Share Transactions (sec 42) for CTA Level 2

Summarised notes & illustrative examples for Sec 42: Asset for Share Transactions.

• These notes are suitable for CTA level 2 students (TAX4862)

Gross Income Definition-CTA & Postgrads

Summarised notes includes:

• Gross Income Definition:
• Case-law for each component of the Gross Income Definition
• Application of the definition in answering exam questions at the CTA and Postgraduate level.

Residence Tax for CTA & Postgrads

Summarised notes includes:

• Residence Tax & Doble Tax Agreements
• Tax Implications upon chnage of residence
• Wthholding Tax for foreign tax persons on:

1. Sale of Immoveable Properties, 2. Interest Received, 3. Foreign Entertainers and Sportsman and 4. Royalties

Donations Tax- for CTA & Postgrads

• These notes are best for TAX4861 & TAX4862 students
• Includes all aspects of donations tax- sec 54 - sec 64.

VAT for CTA & Postgrads

• Summarised notes on all the key aspects of VAT at the advanced level.
• Best VAT notes for TAX4861 & TAX4862 students.

General Deduction Formula- for CTA & Postgrads

Straight to the point application of the General deduction formula.

These notes are specific for students registered for TAX4861 & TAX4862.

STA1510: Topic 3 - Central Tendency & Measures of Dispersion

Summarised notes for (A) Measures of Central Tendency (Mean; Mode & Median) (B) Measures of Dispersion (Range; Interquartile Range; MAD & Variance and Standard Deviation (C) Measures of shape (Box & Whisker Plots & Skewness)

STA1510: Topic 1 - Introduction and Data Collection

Summarised notes & illustrative questions to cover the following concepts: 1. Sample versus population 2. Types of variables 3. Levels of measurement

FAC2601: Financial Instruments (Financial Assets)

Summarised notes, practice questions and solutions for Financial Assets.

FAC3703: Financial Instruments (Financial Assets)

Understand all 3rd year Financial Assets in 45 minutes. A must have Financial Assets summary notes. It includes (1) Simple Definitions, (2) Classification of Financial Assets (3) Expected Credit Losses (4) Practice Questions and detailed Solutions.

FAC3703&FAC3762- Related Parties (IAS 24)

Summarised- Straight to the point notes for Related Parties. You learn how to identify related parties and how to Disclose related parties in the financial statements.