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Nairaland Forum / Nairaland / General / Career / ICAN November 2023 Diet Exam - Let's Meet Here (643263 Views)
ICAN May 2023 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 2023 Diet Exam - Let's Meet Here by kaze4blues(m): 7:01pm On May 15, 2019 |
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 2023 Diet Exam - Let's Meet Here by shrimati(m): 11:34pm On May 15, 2019 |
All the best for those writing ICAN exams this diet... Meanwhile check my signature... |
Re: ICAN November 2023 Diet Exam - Let's Meet Here by POJOSH(m): 1:25am On May 16, 2019 |
kaze4blues: You will write the 6 papers... Though taxation will be seen as foundation course. |
Re: ICAN November 2023 Diet Exam - Let's Meet Here by kaze4blues(m): 4:38am On May 16, 2019 |
POJOSH: Thank you |
Re: ICAN November 2023 Diet Exam - Let's Meet Here by Intrepid01(m): 2:55pm On May 16, 2019 |
Please fellow ACAs, can you help me with an example of an "intangible current asset"? thanks |
Re: ICAN November 2023 Diet Exam - Let's Meet Here by mcpat(m): 3:22pm On May 16, 2019 |
Intrepid01: 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 2023 Diet Exam - Let's Meet Here by Intrepid01(m): 3:43pm On May 16, 2019 |
mcpat: 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 2023 Diet Exam - Let's Meet Here by Clifford007(m): 3:59pm On May 16, 2019 |
Intrepid01: I think "receivables" are intangible current assets |
Re: ICAN November 2023 Diet Exam - Let's Meet Here by Intrepid01(m): 4:11pm On May 16, 2019 |
Clifford007: Hmmm I like that thinking.... Receivables can be classified as intangible and current asset. anybody with a different opinion? |
Re: ICAN November 2023 Diet Exam - Let's Meet Here by mcpat(m): 4:24pm On May 16, 2019 |
Intrepid01: 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 2023 Diet Exam - Let's Meet Here by Nobody: 4:34pm On May 16, 2019 |
Intrepid01: Clifford007: 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. 1 Like |
Re: ICAN November 2023 Diet Exam - Let's Meet Here by Intrepid01(m): 4:36pm On May 16, 2019 |
mcpat: 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 2023 Diet Exam - Let's Meet Here by Intrepid01(m): 5:12pm On May 16, 2019 |
DanXplore: 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 2023 Diet Exam - Let's Meet Here by Nobody: 6:45pm On May 16, 2019 |
Intrepid01: I do not know of any intangible current assets. They are usually non current in nature. |
Re: ICAN November 2023 Diet Exam - Let's Meet Here by habayommy: 7:59pm On May 16, 2019 |
Good evening professionals Please how do I check my exemption status? |
Re: ICAN November 2023 Diet Exam - Let's Meet Here by Trulie(m): 2:04pm On May 17, 2019 |
POJOSH: 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 2023 Diet Exam - Let's Meet Here by jmanity: 2:35pm On May 17, 2019 |
Trulie: Is November 2019 timetable out? Where did you see it? |
Re: ICAN November 2023 Diet Exam - Let's Meet Here by Trulie(m): 4:10pm On May 17, 2019 |
jmanity: 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 2023 Diet Exam - Let's Meet Here by eniafenlamo(m): 6:07pm On May 17, 2019 |
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 2023 Diet Exam - Let's Meet Here by jmanity: 6:26pm On May 17, 2019 |
Trulie: I didn't see it in mine, can you screenshot it? |
Re: ICAN November 2023 Diet Exam - Let's Meet Here by Afeezoladapo(m): 5:00am On May 18, 2019 |
jmanity:Go to page 15 of d new syllabus.
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Re: ICAN November 2023 Diet Exam - Let's Meet Here by habayommy: 6:15am On May 18, 2019 |
habayommy: Please how do I check my exemption status? |
Re: ICAN November 2023 Diet Exam - Let's Meet Here by jmanity: 8:17am On May 18, 2019 |
habayommy: Check your exam status, when it shows only the courses you are meant to write, then they have effected it. |
Re: ICAN November 2023 Diet Exam - Let's Meet Here by stevyhann: 9:08am On May 19, 2019 |
I need the soft copies of skill level study pack. I tried to download but the link is not available. |
Re: ICAN November 2023 Diet Exam - Let's Meet Here by stevyhann: 9:10am On May 19, 2019 |
Send to alhassan.ilemona@gmail.com. Soft copy of skill level study pack needed |
Re: ICAN November 2023 Diet Exam - Let's Meet Here by rashyoabdul: 10:54am On May 19, 2019 |
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 2023 Diet Exam - Let's Meet Here by eddysernal(m): 5:51pm On May 19, 2019 |
Hello. Please i need soft copy of ICAN foundation study pack and Past questions. Thanks shayoeddy@gmail.com |
Re: ICAN November 2023 Diet Exam - Let's Meet Here by AngelJennifer: 7:01pm On May 19, 2019 |
stevyhann:Download from. NG books, simply type ican packs without password restrictions. |
Re: ICAN November 2023 Diet Exam - Let's Meet Here by habayommy: 10:35pm On May 19, 2019 |
jmanity: Thank you very much. I'm grateful |
Re: ICAN November 2023 Diet Exam - Let's Meet Here by Nobody: 2:23pm On May 20, 2019 |
I have the Study Packs (hard copies) of Skills level. Its affordable |
Re: ICAN November 2023 Diet Exam - Let's Meet Here by lakezedd: 6:59am On May 21, 2019 |
Good morning house, pls i need the soft copy of professional study packs. Thank u in anticipation |
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