[jessiewong]

Hi Mike,
Furthermore, i would also like to ask it is the following changes apply to this coming 2013 acca june f7(int) exam?
The following table shows the changes:
Old term New term
Income statement Statement of profit or loss
Statement of comprehensive income Statement of profit or loss and other comprehensive income

I found this in following link: https://www.accaglobal.com/content/dam/acca/global/PDF-students/2012s/sa_feb13_ACCA_changes.pdf

[jessiewong]

Sir, it is the answer for working 3 after minus goodwill impairment is 18395 and the value before minus pre acquisiton is 7000?

[jessiewong]

so do you mean that fair value adjustment should include inside the calculation of consolidate retained earnings?
But why the june 2006 question 1 the examiner answer does not include the fair value adjustment figure in calculation of consolidate? please help me on this enquiry…thanks

[jessiewong]

then want to reconfirm are the answer that provided by the examiner it is has been outdated?

In june 2008 question 1 is no need show the nci value in calculation of goodwill?

why in your recording the figure on the income statement profit that attributable to nci is 1600 instead of examiner answer is 2100?(in your working for nci u add share of goodwill impairment 0.5)

in examiner answer,the goodwill answer not minus the impairment of 2m but in your workings of calculation goodwill have minus the impairment of goodwill, so which answer should i follow?

[jessiewong]

Yes, u say in the recording…so how to arrive the 30,500 or follow the examiner answer which is no nci in calculation of goodwill?
Then I want to ask if I want to practicing the past year question, until which year is better for practicing(which is update to current f7 int syllabus)?

[jessiewong]

U have pass f7? so self study by doing the past year question is enough?as this is second attempt for f7…..

[jessiewong]

How to be easy handle for the consolidation question? It is just do more practice on past year question?

[Author]

Posts