[Della]

you know, it is upsetting when you have revised and practised as hard as you could but yet it was not good enough to pass the exam.

Q1- i got a positive goodwill at first. and I noted that it was supposed to be a bargain purchase with negative goodwill. so I re-looked into my S’s pre-acq and I realised! though i got a negative goodwill in the end but i think too much time was wasted.
Q2- the insurance, 25% of revaluation surplus to be charged to deferred tax really killed me. my Q2 was in a mess
Q3- i didnt have time to really look into Q3 because i’ve spent too much time in Q1 and Q2.
Q4 – completed Q4.
Q5 – only completed part 1.

overall imo i think the paper is alot harder compared to previous sittings. too many SFP and SPL to prepare + SOCF!

[Author]

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