[IrenMak]

I had absolutely the same variant.
Everything was OK, except for the time constraints as usual)
In connection to capitalisation also include risk on incorrect depreciation charge, but forgot to include a risk on translation which need to be recognised in OCI instead of PL.
Also was thinking about specific focus in scenario to CF disclosure, but except for the fact that it should be included to invest activities and strange fact that purchase net of cash acquired = cash consideration.
I was a little bit confused with Q1 (c) because it was specifically mentioned about valuation of brand not acquisition as a whole.

Q2 was too load by facts, but i remember only overreliance on trial DA tool and these construction contracts you already mentioned. I gave a qualified opinion due to limitation of scope which is material but not pervasive on both levels (component and Group). Honestly, i was confused by the fact that if you provide an adverse opinion on component, how it can impact on group opinion?
Q3 (a) there were a lot of marks allocated but all standard point such as nature, purpose and intended use of forecast were clearly described in scenario. I have realised it too soon and made no corrections(

[Author]

Posts