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December 2009 Q1 Grange its on pg 3 yea i would be in agreement its more or less the same as grange and they adjusted for it so i dont see why it would be any different!!
tough paper i think a pass may be a miracle made silly mistakes 🙁
i also included the 3m in the fair value of net asets at acquisition as there is a past exam q with this adjustment in it and was treated in this manner so i went with that!!!
what did people do with the joint venture???
i completely messed up the paper back again in dec i think 🙁
id say there is a high chance ifrs 13 could also be q four i thnk id know both well
i did the exact same only realised last week that i was sitting the uk paper panicked big time!
I rang the acca but they were unale to help, i noticed a few diffeences on answers and accounting differences on the q1 from 2010 back the way but i noticed that in 2011 the solutions for international and uk were identical.
I managed to speak a lecturer who told me that it is now ifrs used on the uk paper i also read this on an acca article from 2011, the lecturer advised me to pratice the international papers rather than the uk as there will only be a few marks in relation to differences which my understanding is theory.
Both the 2011 the papers uk and int ask and speak of ifrs and ias as opposed to frs like in prior years, in 2011 uk i think q1 contained a part asking to discuss the differenes between ssap 25 and ifrs 8, both the uk and int asked for full goodwill method which would suggest ifrs are now in use rather than uk gaap!
no one seems to be able to answer me prop thats my understanding and im goin with the advice of the lecturer and hoping not to fail as i hate this subject with a passion!!!!!!
i was wondering the same thing!i accidently seleceted the irish variant could do without the extra work for it!!!