[joolagabriel]

Passed! 55%!! Thanks to GOD, OT and Chris!!!

[joolagabriel]

Question 1a. I think the consolidation was fair enough

1b. was straightforward equity accounting associate and susidiary with dicussions on ifrs on what constitutes control

Skipped 2-no time to read seemed vague and ambigous. Did 3 & 4.

Question 3 part a; was finance lease ,so discussed the treatment
part b R&D capitalisation and expenditure.and also applied bits of ias 37 provisions
part c can’t remeber

Quetion 4 was good. About historical cost and Current cost (fair value) for Assets and Liabilities….accounting treatment and whether it should remain same or not

Goodluck to everyone!

[Author]

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