CPA P12 Mock Debrief – December 2025 with CPA Zed Muyingo

Value of the Information & Strength of the Argument

The video provides substantial value by breaking down a complex topic into manageable steps. The tutor’s argumentation is clear and logical, systematically addressing each component of the consolidated cash flow statement. He explains the rationale behind each adjustment, such as adding back non-cash expenses like depreciation and impairment, and eliminating non-cash gains like profit on disposal. The use of a comprehensive worked example reinforces understanding. The argumentation is solid, though it relies on a single example, which may not cover all possible variations. The tutor’s emphasis on exam technique and planning is practical and adds to the overall value.

Scientific Rigor, Source Quality, Title Accuracy

The video demonstrates scientific rigor by adhering to IFRS standards, particularly IAS 7. The tutor correctly applies the indirect method and explains the treatment of various items in accordance with accounting principles. However, no external sources are cited, and the content is based on the tutor’s expertise. The title accurately reflects the content, as it is a mock debrief for CPA Paper 12. The video is well-structured, but the lack of citations and the single-example approach limit its depth. The tutor’s explanations are consistent with standard accounting practices, but viewers should cross-reference with official standards for comprehensive understanding.

The title accurately reflects the content: a mock debrief for CPA Paper 12, focusing on consolidated cash flows, presented by CPA Zed Muyingo.

7/10

The video is a tutorial by an experienced CPA tutor, providing a structured walkthrough of a consolidated cash flow statement question. The content aligns with IFRS standards (IAS 7) and demonstrates a clear pedagogical approach. However, it lacks citations to external sources and is based on a single example, limiting its generalizability.

Markers derived by PSI from the transcript: the creator did not define chapters.

• 00:00Introduction and overview of CPA Paper 12, emphasizing Section A on group accounting.
• 02:00Explanation of the three additions in consolidated cash flows: dividends from associates, net cash position, and dividends to NCI.
• 10:00Presentation of the worked example: acquisition of Tul and disposal of D.
• 20:00Discussion of adjustments for impairment, revaluation, and depreciation.
• 30:00Explanation of profit on disposal and its elimination in cash flows.
• 40:00Treatment of unrealized foreign exchange losses and their non-cash nature.
• 50:00Step-by-step preparation of the consolidated statement of cash flows using the indirect method.
• 1:00:00Preparation of notes to accounts, starting with group structure.
• 1:10:00Exam technique advice: planning during reading time and following IFRS principles.

• IAS 7 Statement of Cash Flows — Referenced as the standard governing cash flow statements.

• IAS 7 Statement of Cash Flows — The video's explanations align with the requirements of IAS 7.