[ljramsden]

Passed with 50, now an affiliate!

[ljramsden]

Passed with 53% using opentuition
Now onto my final exam, ATX

[ljramsden]

I wasn’t sure so I ended up carrying the losses forward

[ljramsden]

Q1 – npv and bsop
Q2 – interest rate risk
Q3 – wacc/demerger

[ljramsden]

Passed with 54%, I really thought I had failed again after previously failing P2. Now onto the options modules!

[ljramsden]

@gjohnstone00 said:
Can anyone explain how the disposal of associate was accounted for? It went from a 40% holding, so significant control to 10% so should be accounted for under IFRS 9. Is the template correct to use

Disposal proceeds. X
Fair value of retained interest X
—–
X
Less

Net assets of sub at disposal date. X
Goodwill at disposal date. X
Carrying amount of NCI. (X)

Profit / loss. —–
X
——

Thanks

There was no NCI, goodwill or net assets as it was held as an associate with 40% holding

[ljramsden]

First time pass with 52% so relieved!

[Author]

Posts