[hannanmamun]

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[hannanmamun]

Finally passed and became an affiliate! AFM Dec19: 34%, Mar20: 37%, Sep20: 55%; this time I just answered around 70 marks questions.
Many thanks to the OT team specially to the dearest John Moffat.

[hannanmamun]

Failed at first attempt. Time of failures has started. First I failed last P3 making my Prize Winning P1 worthless; then I failed APM both with a 42%.
Now I stopped SBL preparation and restarted APM for March.

[hannanmamun]

?

[hannanmamun]

Why not the change in interest rate?

[hannanmamun]

Goodwill will not be touched now since Associate is not a part of the group, instead we will calculate ‘investment in Associates’ which will be shown under non current assets in CSFP.
Investment in associates: xxx
Cost of investment in A xx
+post aquisition profit xx
– impairment full $ (xx)

And group RE will be adjusted with below 2 lines:
+Parent’s % share of post aquisition profit in A xx
-impairment in Associate full$ (xx)

So this way an associate’s impairment is adjusted in NCA and in Reserves.

Thanks

[Author]

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