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@urmilsanghavi said:
yeah i too got negative goodwill, and have to take that negative goodwill directly to p&l and not to statements of financial position. it was also trick question , regarding investment adjustments
trick question with investment adjustments how?
Yeah mine was 9000 roughly as well. I put it into retained earnings as I thought that a bargain purchase went straight to the P&L.
Thought the exam was all good. Had negative goodwill on consolidation which I was suspicious about…anyone else have this? Think it was Paisley and Scottish or something
I done AAT and am currently studying ACCA. I think AAT gives you a very good foundation. A lot of what you learn at AAT is developed a bit further in the F levels so is very good to have. As Chris said he completed the first 3 ACCA exams in 10 months, you can do AAT level 4 in the same time, maybe less so is worth it in my opinion.
