Do we have to know the standard surrounding the treament of a financial asset under IAS 39 (the gain on de-recognition)? Just wondering as it has been replaced by IFRS 9 i.e we cannot recycle the gain anymore on de-recognition ? cheers.
I think i have seen one of the ‘hot topics’ would be Reconstruction of a company.
What are likely to be asked about that? Please advise. Thanks.
If you can get hold of a copy of the Kaplan 2012 mock exam, there’s a question in there which COULD be the style which COULD be asked.
But DO NOT ask me for a copy of that exam – I don’t have one!
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