F2 Textbook Syllabus
Chapter 1
Syllabus A. Financing capital projects
A1. Types and sources of long-term funds
- Ordinary shares
- Preference Shares
- Advantages and disadvantages of ordinary shares
- Capital markets
- Equity as finance2:01
- Characteristics of long-term debt
- Bank Loans
- Conventional bonds
- Convertible bonds
- Other types of bonds
- Debt or Equity?3:26
- Security
- The role of advisors
A2. Cost of long-term funds
- Cost of Capital - Basics1:45
- Dividend Valuation Model7:23
- Gordon's growth
- Redeemable debt7:19
- Irredeemable, Preference Shares And Bank Loans4:48
- Convertible Debt6:56
- WACC - Putting it all Together
Chapter 2
Syllabus B. Financial reporting standards
B1a. Revenue
- Revenue Recognition - IFRS 15 - introduction7:20
- Revenue Recognition - IFRS 15 - 5 steps
- Revenues - Presentation in financial statements
- Revenues Illustrations
B1b. Leases
- Leases - Definition
- Lessee Accounting
- Variable Lease payments example
- The Lease Term
- Leases - Exemptions
- Leases - Measurement Exemptions
- Components of a Lease
- Lessor Accounting - Finance Lease
- Lessor Accounting - Operating Lease
B1d. Financial instruments
- Financial Instruments - Introduction4:10
- Financial liabilities - Categories3:49
- Financial Liabilities - Amortised Cost4:03
- Financial Liabilities - Convertible Loans3:31
- Financial Assets - Initial Measurement9:45
- Financial assets - Accounting Treatment2:50
- Financial Instruments - Transactions costs1:33
B1e. Intangible assets
B1f. Income taxes
All subject exam questionsB1g. Effect of changes in foreign currency rates
All subject exam questionsB2. Non-current Assets Held for Sale
Chapter 3
Syllabus C. Group accounts
C1a. Consolidated SFP
- IAS 1 Presentation of Financial Statements
- Definition of a Subsidiary
- Business Combinations - Basics7:45
- Equity Table2:57
- Simple Goodwill3:20
- NCI in the Goodwill calculation2:21
- Impairment of Goodwill
- NCI on the SFP3:58
- Reserves Calculation2:46
- Basic groups - Question (NCI @ Proportionate method)
- Basic groups - Question (NCI @ FV method)
- Unrealised Profit7:05
- Intra-Group Balances & In-transit Items3:46
- Make sure you use FV of Consideration
- Goodwill - FV of NA (more detail)
C1c. Consolidated Statement of change in Equity (SOCIE)
C1d. Cash Flows
- Cash Flows Introduction
- Cashflow statements - Step 11:36
- Cashflow statements - Step 22:09
- Cashflow statement - Step 30:46
- Cashflow statement - finance costs1:13
- Cashflow statement - taxation
- Cashflow statement - Investment property
- Cashflow statements - Step 4
- Cashflow statements - Step 5 - Shares
- Cashflow statements - Step 5 - Loans
- NCI in a Cashflow
Chapter 4
Syllabus D. Integrated reporting
D1. <IR> Framework
All subject exam questionsChapter 5