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ipfm

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Active 5 years ago
  • Topics: 1
  • Replies: 8
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Viewing 8 posts - 1 through 8 (of 8 total)
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  • December 1, 2012 at 10:08 am #108594
    mysteryipfm
    Member
    • Topics: 1
    • Replies: 8
    • ☆

    Dear Mr Little,
    Thanks for your response. No its not related to adjustment in parent’s equity.

    However, can you please tell me that one approach which should apply in all cases i.e. which formula to be used in all cases of disposal where control is lost?Kindest regards

    July 11, 2011 at 6:53 am #85194
    mysteryipfm
    Member
    • Topics: 1
    • Replies: 8
    • ☆

    I dont think it was an easy paper except consol. question.
    All q2,3 & 4 were difficult and different from the routine pattern of ifrs/ias questions.

    I studied hard and practiced almost all Bpp kit questions several times. Also it was expected that FRS9/FRS1 will come but the information avaialble to me was too insufficient to tackle these questions.
    I dont know how other students manage to study & attempt said topics so successfully.

    June 20, 2010 at 9:49 am #62467
    mysteryipfm
    Member
    • Topics: 1
    • Replies: 8
    • ☆

    I did not find paper that difficult.
    It needed little bit of thinking.
    I pray to pass.
    Good luck to all

    June 20, 2010 at 6:49 am #63003
    mysteryipfm
    Member
    • Topics: 1
    • Replies: 8
    • ☆

    This paper was not very difficult but needed too much time. 3 hours were not enough. I missed question 4 becz of time.
    This is my first attempt. I dont know if the marker will be lenient enough. Inshallah.

    May 26, 2010 at 8:30 am #59978
    mysteryipfm
    Member
    • Topics: 1
    • Replies: 8
    • ☆

    Please advise the best way while doing consolidation and financial statement questions :
    1)How to keep track of double entries while doing consolidation questions. Because the details are too much and we are using different working tables as suggested by Kaplan , It is very difficult to remember the two legs in PL and BS. Please advise if there is any easy way to keep your debits and credits in track so that your BS is not out.
    2)I am new to ACCA . Please advise what is the best way to make the BS and PL in the answer paper. What I mean is Should copy the Balancesheet and Profit and loss account from Question paper and then do the adjustments on these copied BS & PL or First I should do adjustments on BS and PL provided in the question paper and after finishing copy it into my solution paper.
    This question may sound little illogical but I really want to know the best way as per others experiences so I will practice the same way and save my time in the exam.

    I will highly appreciate your guidance on above questions.
    Many thanks

    May 26, 2010 at 8:15 am #59096
    mysteryipfm
    Member
    • Topics: 1
    • Replies: 8
    • ☆

    Hi why no one replies to my question ?
    Please atleast respond even if you cannot answer
    Many thanks

    April 27, 2010 at 6:20 am #59092
    mysteryipfm
    Member
    • Topics: 1
    • Replies: 8
    • ☆

    Hi, Can anybody tell me how to control double entry while doing consolidation question.
    Best regards

    April 24, 2010 at 12:54 pm #59091
    mysteryipfm
    Member
    • Topics: 1
    • Replies: 8
    • ☆

    Hi, I have been practising consolidation questions for months and have good command. The only thing I miss is how to maintain the “double entry” system while doing adjustments.
    For example while doing any other question for adjustment , I am writing debit & credits on the BS provided in the question.
    However, in consol. question , I dont know how to do that and once I leave that , later I get confused how to tie my balance sheet.
    So can any one suggest best way to keep my BS reconciled while doing consol. question
    Many thanks

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