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A fair paper this time. Probably my best P-level and hopefully the last!
I had:
Corporate Governance
BoD
Issues with changing kit supplier
Benefits and drawbacks of new investment
Project management
Stakeholder engagementGood luck everyone.
Congrats mate, I also passed AFM. So glad to not be set back by 3 months and can enjoy my summer!!
Yep, the unbundled company was a bit of a shocker. The section B questions were a bit better, but it was the first time I’d felt completely stumped in an exam.
But yeah, hopefully the markers are kinder if everyone was unanimously blindsided.
I’m waiting for AFM too and did the usual 3 month prep. It was much more challenging than I anticipated and will be one of my lowest attempts.
I’m most worried about Q1 which felt like an absolute mess.
Hopefully scrape a 50!
Good luck
So I’m now getting the familiar post-exam doubt about everything I wrote. I covered everything, but went totally blank for some requirements.
Q1 Unbundled mining company
Q2 currency hedge
Q3 Investment appraisal techniques82% – I genuinely had to re-read it again and again as I thought I’d failed 😀 Good luck everyone!
If that’s the one with the one employee working on the one intangible asset, I said asset acq first and then changed my mind to business acq given the skilled employee constituting a substantive process. But like others, I could be completely wrong!
Did anyone get that small calculation of deferred tax in a group cash flow statement? There was a portion of DTL in OCI and I can’t stop thinking about whether that should have been included in the cash movement workings or not? Considering OCI has no relevance to PBT, but it would still be payable as tax, so I thought it should be in the working
When no control is lost it’s a transaction between equity holders.
I forgot to mention the associate recognition! So gutted if I fail on that.
I came back to that question and just set out the requirements of IAS 16 and calculated the carrying amounts at the reporting date. No idea what they expected really. The questions are vague af.
So it sounds like we all had a similar paper. I similarly cannot remember what I wrote but on reflection realised I missed out some substantial marks on Q1. Completely forgot about mentioning an Associate holding after loss of control and subsequent measurement… I was mainly worried about not answering all the questions so just flew through everything. 3 hours is not enough!
Generally okay. Afternoon sitting had a fair bit on IFRS 15 and government grants. Little to no consolidations, except some goodwill at acq. Section C was an easy single entity and an analysis question.
Gutted no CSFP!
Woke up in the night to a pleasant 65% Pass. Much better than I would have hoped. I think the remote sitting helped me to concentrate more and plan my answers better.
Good luck everyone!
I’m trying to book TX and there are three option for the UK variant. Is there any difference for these in the context of FA19? Or can I choose any.
CBE_TX_UK_OP_F2
CBE_TX_UK_OP_F3
CBE_TX_UK_OP_F4Thanks
Yep – User busy on first attempt, second attempt there was a system error! I’ve just rebooked my exam for June…
Yes, I received an email saying that I could attend a remote sitting, but had an exam booked for June. I cancelled this to take the exam earlier in March, but still no option to select ‘At Home’.
??
