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ICAN November 2019 Diet Exam - Let's Meet Here - Career (140) - Nairaland

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ICAN May 2019 Diet Exam - Let's Meet Here / Breaking news : ICAN releases the result of 2016 May Diet Exam / ICAN May/june 2016 Diet Exam- Read This (2) (3) (4)

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Re: ICAN November 2019 Diet Exam - Let's Meet Here by kaze4blues(m): 7:01pm On May 15
I need a clarification.

I just wrote my last paper in foundation stage yesterday. However I learnt that taxation will now be written in foundation stage from November 2019 onward.

I have already written the usual papers for foundation.

What is my fate in the skill level? Do I write the six papers or I will write taxation again in november as part of the foundation stage?

Thank you
Re: ICAN November 2019 Diet Exam - Let's Meet Here by shrimati(m): 11:34pm On May 15
All the best for those writing ICAN exams this diet... Meanwhile check my signature...
Re: ICAN November 2019 Diet Exam - Let's Meet Here by POJOSH(m): 1:25am On May 16
kaze4blues:
I need a clarification.

I just wrote my last paper in foundation stage yesterday. However I learnt that taxation will now be written in foundation stage from November 2019 onward.

I have already written the usual papers for foundation.

What is my fate in the skill level? Do I write the six papers or I will write taxation again in november as part of the foundation stage?

Thank you

You will write the 6 papers... Though taxation will be seen as foundation course.
Re: ICAN November 2019 Diet Exam - Let's Meet Here by kaze4blues(m): 4:38am On May 16
POJOSH:


You will write the 6 papers... Though taxation will be seen as foundation course.

Thank you
Re: ICAN November 2019 Diet Exam - Let's Meet Here by Intrepid01(m): 2:55pm On May 16
Please fellow ACAs, can you help me with an example of an "intangible current asset"?

thanks
Re: ICAN November 2019 Diet Exam - Let's Meet Here by mcpat(m): 3:22pm On May 16
Intrepid01:
Please fellow ACAs, can you help me with an example of an "intangible current asset"?

thanks

Intangible items are long term in nature, one of it's key attribute is how difficult it is to value it since you can't determine its future economic benefit. Thus, making it not to fall under the current assets (ready to be sold, ability to be used within a 12 months period) category.

Happy to discuss a different opinion tho
Re: ICAN November 2019 Diet Exam - Let's Meet Here by Intrepid01(m): 3:43pm On May 16
mcpat:


Intangible items are long term in nature, one of it's key attribute is how difficult it is to value it since you can't determine its future economic benefit. Thus, making it to fall under the current assets (ready to be sold, ability to be used within a 12 months period) category.

Happy to discuss a different opinion tho

Thank you for your contribution but pls always focus on the question. I asked for an EXAMPLE of "an intangible current asset"....

I would appreciate you give an example
Re: ICAN November 2019 Diet Exam - Let's Meet Here by Clifford007(m): 3:59pm On May 16
Intrepid01:


Thank you for your contribution but pls always focus on the question. I asked for an EXAMPLE of "an intangible current asset"....

I would appreciate you give an example

I think "receivables" are intangible current assets
Re: ICAN November 2019 Diet Exam - Let's Meet Here by Intrepid01(m): 4:11pm On May 16
Clifford007:


I think "receivables" are intangible current assets

Hmmm I like that thinking....

Receivables can be classified as intangible and current asset. anybody with a different opinion?
Re: ICAN November 2019 Diet Exam - Let's Meet Here by mcpat(m): 4:24pm On May 16
Intrepid01:


Thank you for your contribution but pls always focus on the question. I asked for an EXAMPLE of "an intangible current asset"....

I would appreciate you give an example

I answered your question stating that intangibles are not current assets.

Assets such as bank deposits, accounts receivable, and long-term investments in bonds and stocks lack physical substance, but are not classified as intangible assets. These assets are financial instruments and derive their value from the right or claim to receive cash or cash equivalents in the future.
Re: ICAN November 2019 Diet Exam - Let's Meet Here by DanXplore(m): 4:34pm On May 16
Intrepid01:
Please fellow , can you help me with an example of an "intangible current asset"?

thanks


Clifford007:


I think "receivables" are intangible current assets

In accounting, receivables are not often said to be 'intangible' but often referred to as assets that are owed to the business. Proceeds from credit sales, accrued interest (to the company), unsupplied stock (to the company) etc are all receivables. If the owner(s) of the business perceives a possibility of unlikelihood to recover portions of any receivable, a provision for doubtful debt is made for it and even expensed as bad debt in extreme unlikelihood of recovery. Receivables are often current in nature for small to medium scale businesses even though long term (e.g interest receivable) exists. Receivables result from a third party not fulfilling its obligation to the business as at the time of report. Intangible assets on the other hand are assets that have no real physical value. Their values are often subjective. Examples includes patents, copyrights, franchise and even goodwill. I have not seen an intangible asset written off as bad debt because its value is already being enjoyed by the business unlike receivables.
Re: ICAN November 2019 Diet Exam - Let's Meet Here by Intrepid01(m): 4:36pm On May 16
mcpat:


I answered your question stating that intangibles are not current assets.

Assets such as bank deposits, accounts receivable, and long-term investments in bonds and stocks lack physical substance, but are not classified as intangible assets. These assets are financial instruments and derive their value from the right or claim to receive cash or cash equivalents in the future.

Hmmm...now this is great and for me thinking ...it's true Receivables and the likes, as you've stated are not classified as intangible assets...my question now is WHY? are they not qualified? ....is it because they are cash equivalents?....

@Clifford007, I think your suggestion has been challenged...what do you say?
Re: ICAN November 2019 Diet Exam - Let's Meet Here by Intrepid01(m): 5:12pm On May 16
DanXplore:





In accounting, receivables are not often said to be 'intangible' but often referred to as assets that are owed to the business. Proceeds from credit sales, accrued interest (to the company), unsupplied stock (to the company) etc are all receivables. If the owner(s) of the business perceives a possibility of unlikelihood to recover portions of any receivable, a provision for doubtful debt is made for it and even expensed as bad debt in extreme unlikelihood of recovery. Receivables are often current in nature for small to medium scale businesses even though long term (e.g interest receivable) exists. Receivables result from a third party not fulfilling its obligation to the business as at the time of report. Intangible assets on the other hand are assets that have no real physical value. Their values are often subjective. Examples includes patents, copyrights, franchise and even goodwill. I have not seen an intangible asset written off as bad debt because its value is already being enjoyed by the business unlike receivables.

Hmmm, wonderful thought process and valid standpoint. So I ask you again, does an example of an "intangible current asset" come to mind?
Re: ICAN November 2019 Diet Exam - Let's Meet Here by DanXplore(m): 6:45pm On May 16
Intrepid01:


Hmmm, wonderful thought process and valid standpoint. So I ask you again, does an example of an "intangible current asset" come to mind?

I do not know of any intangible current assets. They are usually non current in nature.
Re: ICAN November 2019 Diet Exam - Let's Meet Here by habayommy: 7:59pm On May 16
Good evening professionals

Please how do I check my exemption status?
Re: ICAN November 2019 Diet Exam - Let's Meet Here by Trulie(m): 2:04pm On May 17
POJOSH:


You will write the 6 papers... Though taxation will be seen as foundation course.

If you check the November 2019 exam time table, you will notice pm and tax are slated to be written at the same time (9am - 12.15pm on Wednesday) . So how do one reconcile that?

Going by that, I don't think it's possible to write all 6papers in the old skill level this November.
Re: ICAN November 2019 Diet Exam - Let's Meet Here by jmanity: 2:35pm On May 17
Trulie:


If you check the November 2019 exam time table, you will notice pm and tax are slated to be written at the same time (9am - 12.15pm on Wednesday) . So how do one reconcile that?

Going by that, I don't think it's possible to write all 6papers in the old skill level this November.

Is November 2019 timetable out? Where did you see it?
Re: ICAN November 2019 Diet Exam - Let's Meet Here by Trulie(m): 4:10pm On May 17
jmanity:


Is November 2019 timetable out? Where did you see it?

Everybody knows the days of the exams don't change. Neither do the timing of each papers. The only things that change are the dates where those days fall in. Check the new syllabus and you will see the exam time table ican will be working with from November onwards.
Re: ICAN November 2019 Diet Exam - Let's Meet Here by eniafenlamo(m): 6:07pm On May 17
With reference to Syllabus commencing in 2019. The exam time table could serve as a point to reference. Please down load it to enable you get your fact correct.
Re: ICAN November 2019 Diet Exam - Let's Meet Here by jmanity: 6:26pm On May 17
Trulie:


Everybody knows the days of the exams don't change. Neither do the timing of each papers. The only things that change are the dates where those days fall in. Check the new syllabus and you will see the exam time table ican will be working with from November onwards.

I didn't see it in mine, can you screenshot it?
Re: ICAN November 2019 Diet Exam - Let's Meet Here by Huncho145: 9:49pm On May 17
Exams dates never changes.. So neither the timing too... Just gat to time yourself..
Plus you could also just chat me up on WhatsApp if you interested in mykartoonpics.. It's cheap as possible ..thats my number on the room.

Re: ICAN November 2019 Diet Exam - Let's Meet Here by Afeezoladapo(m): 5:00am On May 18
jmanity:

I didn't see it in mine, can you screenshot it?
Go to page 15 of d new syllabus.

Re: ICAN November 2019 Diet Exam - Let's Meet Here by habayommy: 6:15am On May 18
habayommy:
Good evening professionals

Please how do I check my exemption status?

Please how do I check my exemption status?
Re: ICAN November 2019 Diet Exam - Let's Meet Here by jmanity: 8:17am On May 18
habayommy:


Please how do I check my exemption status?

Check your exam status, when it shows only the courses you are meant to write, then they have effected it.
Re: ICAN November 2019 Diet Exam - Let's Meet Here by stevyhann: 9:08am On May 19
I need the soft copies of skill level study pack.
I tried to download but the link is not available.
Re: ICAN November 2019 Diet Exam - Let's Meet Here by stevyhann: 9:10am On May 19
Send to alhassan.ilemona@gmail.com.
Soft copy of skill level study pack needed
Re: ICAN November 2019 Diet Exam - Let's Meet Here by rashyoabdul: 10:54am On May 19
Pls., i need hard copy study text of PSA and P.M. Drop ur digit here if u have in order to contact u. Please, be fair with ur prices. Location:lagos
Re: ICAN November 2019 Diet Exam - Let's Meet Here by eddysernal(m): 5:51pm On May 19
Hello.

Please i need soft copy of ICAN foundation study pack and Past questions. Thanks
shayoeddy@gmail.com
Re: ICAN November 2019 Diet Exam - Let's Meet Here by AngelJennifer: 7:01pm On May 19
stevyhann:
Send to alhassan.ilemona@gmail.com.
Soft copy of skill level study pack needed
Download from. NG books, simply type ican packs without password restrictions.
Re: ICAN November 2019 Diet Exam - Let's Meet Here by habayommy: 10:35pm On May 19
jmanity:


Check your exam status, when it shows only the courses you are meant to write, then they have effected it.

Thank you very much. I'm grateful
Re: ICAN November 2019 Diet Exam - Let's Meet Here by dikcom(m): 2:23pm On May 20
I have the Study Packs (hard copies) of Skills level. Its affordable @08153364724
Re: ICAN November 2019 Diet Exam - Let's Meet Here by lakezedd: 6:59am On May 21
Good morning house, pls i need the soft copy of professional study packs.
Thank u in anticipation

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