[Hermain]

@aagshin said:
Hi All. Can anybody answer my question? : In part B, while counting the consolidated gppdwill. I took:

– Consideration with shares
– Contingent Consideration
-NCI
then less Net assets 22000 given in the question (without 10000 shares at acquisition)

Did I do it right? I thought that these 10000 shares included in the net assets of 22000.

Idk about the share adjustment..for fv of subsidiary I took the given amt plus fair value adjustment which was i think 2.4m

[Hermain]

For ratio qn what did u guys write for part b 4 marks

[Hermain]

@pinkyjovin123 said:
In Mcq something about parent….
Which should not be included in the csofp.

Is it parent co shares not trading in the public market and there was one more.Dont remember.Can anyone remember??We hAve to choose two..Not sure about the one I chose..

Yep thats right
Other one was i think that the company itself is a subsidiary

[Hermain]

That mcq about which amt goes to P/L
Options something like 5.5, 3 , 1.5
What was it? Chose 1.5

[Hermain]

@kolkleen said:
Acquisition was in January and year end was September. 9months

I felt that the pre-acquisition sales should be ignored since they were third parties at the time. May be wrong.

Even I ignored it! Did the urp on post aq sales

[Hermain]

That mcq about effect of the goodwill impairment? I chose only NCI
Am i right?

[Hermain]

What did u guys use for opening balance of finance lease arrears table in qn3?
I used the prev lease’s 24000 + (6000-1000 deposit) = 29000 as opening and did 2 years’ table
Got the finance cost and closing liability from that table
Pretty damn sure im wrong

Right shares : share capital × 1/5 right? Or 1/6?

And convertible bond was also horrible
Didnt know what to do with suspense A/C either

[Hermain]

82%! Alhamdulillah 😀

[Hermain]

Even I did that!

[Author]

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