[emdill101]

I thought exam went well

Trading loss adjusted i did from start date to 5 April so adjusted for the months

The shares bit for capital treatment i said for it to be capital treatment holding must be reduced by 75% otherwise would of been treated as dividends

The IHT one where it says calc IHT on worst situation (something like that) I assumed on death with no taper relief

Can’t remember too much else to be honest but also found i didn’t do much calculations mostly writing

Only question I didn’t know was the little 3 marker on the SIP shares but made something up for the sake of it

[emdill101]

I think the exam was ridiculous, questions were written far too complex to understand, even question 1 threw me with the cash flows being so many marks as it seemed the majority or transactions were to be investing transactions not operating..the forestry one was far too lengthy and confusing took a good bit of reading to fully understand the situation before making a start, and again a lot of marks for this
the payables vs loan question was written confusingly again to the point where it needed a diagram to be understood, and the question on crypto, well no further comments needed really what a disaster of an exam

hoping we all scrape a pass

what will acca do if so many students perform poorly?

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