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jayhelena wrote:Me too! Second attempt and 48%
Bad luck! We were just one multiple-choice question away.
We’re really lucky to have Chris. One of the best teachers/tutors I have ever seen.
Really glad I passed – many thanks Chris!
Disappointed with myself for only getting 55% though. Honestly thought I’d done a lot better.
These exams are so hard.
Hi guys, these are the questions I remember for A and B, in no particular order:
1. For two scenarios, identify if they need provision or contingent liability.
2. Choose correct ROCE and interest yield from a choice of two for each
3. Camping company, identity two correct facts about the effect of a year end change
4 Negative goodwill, whether (and how much) profit or loss there is in first year
5. Store and hold, scenario, when to recognise revenue
6. Which of four statements about diluted EPS is incorrect
7. What to include in as capitalised development in a scenario, either just the prototype or also some initial preparation for production, choice was therefore 250 or 350
8. Brands have zero capitalisable value
9. Calculate weighted average number of shares for an EPS scenario.
10. Diluted EPS, choose correct amount.
11. Goodwill, calculate a number
12. Revenue recognition process, put the relevant steps in the correct order.
13. No tax implications from a revaluation, goes to OCI.
14. Government grant for an intangible asset, which two statements are correct re how it gets accounted for.
15. Definition of asset and liability
16 Government assistance not being on financial statements, it would be included in notes.
17. Correct inventory valuation ie net realisable value or cost
18. Revenue allocation for first year, based on pro-rata’ing 490 in the proportion 350 to (75 *2)
19. Identify three correct characteristics from the framework
20. Parent having the right to appoint a director, example of significant influence
21. Policy change namely the method and of valuation of inventory, think this was about whether a restatement would be required, which a policy change would mean yesI can’t find any AA or FR textbooks for September 2019 exams onwards. The current ones all seem to end at the June 2019 exams. Are any newer ones available yet?
