[deve1206]

For swaps , called it a 36 months period and finally gave a percentage rate effective as 12/36.

But yes , they confused with this 3 years thing.

Hopeing that doing the above doesn’t affect many marks

[deve1206]

Did anyone notice that in first question , they had use brand name along with net assets in goodwill calc , I called it wronf as it was Kilda own brand. Hope I didn’t mess up

[deve1206]

My exam started 45 mins late due to global login issue but was able to complete afterwards without any interruptions.

Q1
Business risk 12 marks
Audit risk 18 marks

CFO and NEDs had resigned – called it a romm

Procedure – goodwill on acquisition and advertising expense which was incorrectly capilised

Audit committee responsibilities
Q2

Capex forcast

Non audit service for for further capex of next three years

Corporate finance service to a component to of a listed group
Ethical threats

Q3

Going concern

Evidence of something 8 marks

Reporting just 5 marks in my exam

Overall it was a ok paper

Hope I get over the line.

[deve1206]

Section A was bad with many elections and due dates. Got confused

There was a lot going in sec c… Rollover relief in a group situation, Paye and balancing payment and I could not manage higher tax planning question. Some easy marks were there too

Where do they even get these sec A question.?

Hope I make it to 50. Hah

[Author]

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