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the 20% premium put me off, I was being a bit too cautious maybe?
Plus mentioned Merceh has a lack of experience in acquisitions.First attempt, interesting paper to do rather than the Auditing one I did previously.
Liked the acquisition question and source of finance to use, recommended not to take it on.Passed 52%
Thanks to Open Tuition and practicing a lot of past papers came in handy.There was a question about the shares being sold so one of the risks would be to overstate profits to increase the share price.
Not too sure if that was relevant though.Internal control deficiencies and audit risk question were difficult to identify.
@fathikhaleel I wrote something in regards to the CEO taking over as the Chairman which would invest too much power in the person. Also the Finance Director sits on the audit committee but the audit committee should only consist of NED’s no?
“How different is the CBE exam from the paper based exam questions?”
Totally different looking at the comments I’m reading.
Cannot remember seeing an Audit risk question. Remember Key Audit matters question and Corporate governance questions though.
My mouse stopped working about 3 times during exam and I had to move desk 🙁
58%
Only took me 4 attempts.
Glad I passed before new tax rates come in for September sitting.
F8 I’m coming for you.
I can confidently say I got 2 marks on the ISA question. Just need to scrape another 48.
The CGT question was confusing.
The ISA question involved Petra and how much she can invest into a stocks and shares.
I can confidently say I got 2 marks on the ISA question. Just need to scrape another 48.
Agree with everyone else. This paper (UK) did not cover the core topics. The CGT question was most difficult.I’ll go again in June.
They can’t keep a good guy down or I’m just a glutton for punishment.
I sent a complaint to ACCA but they made some lame excuse.
Will use Becker Professional Education alongside Open Tuition for next sitting.
47 & 48 is unlucky as well.