[maes]

Passed with 62% 2nd attempt!

[maes]

Thank you!

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Passed with 50% 2nd attempt – I’m happy with that.

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Brilliant, thank you John. 🙂

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Passed with 54%. So pleased!

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Passed with 54% – second attempt, got 45% the first time.

[maes]

I got 45, so annoying, I thought i may of at least got 50, I worried that the scanner may of missed a page.

I really don’t like multiple choice and this is what is gonna be the in revised format. 🙁

Well done to those that passed. 🙂

[maes]

When do they release the questions?

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I thought it could of been a lot worse, it was better than I expected, I just hope I’ve done enough.

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Thank you Mike and also for your help over the last week with my questions. 🙂

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Apologies Mike, I did have a query but I found the answer and I didn’t know how to delete the post. I probably should of explained this in my first post.

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Thank you, I will do.

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Of course the overdraft, thank you I missed that.

Thanks for your help. 🙂

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I think I have just worked it out, I may be wrong so if someone could confirm that would be great.

in ‘000

Loan 2300 – rate 12%

therefore 2300 12% = 276, then time apportion

276*2/12 = 46.

I was stuck on this too.

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Thank you,

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Yes that makes perfect sense, thank you

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Yes that is clear, apologies I just realised the second part of my question didn’t make much sense.

So for example, when doing working 1 – group structure, in the figures you have given above, the pre-acquisition reserves would be 92.000 for the subsidiary.

With regards for the goodwill, this 92,000 will deducted from the total consideration when we are deducting the FV net assets at date of aquisition?

Thanks

[maes]

Hi,

I wondered if you could explain how the draft retained profit arrived at $96,700.

Many Thanks

[maes]

After waiting for 4 and a half hours, got my results – 55%, so relieved! congrats to those that passed. 🙂

[maes]

After waiting for 4 and a half hours, got my results – 55%, so relieved! congrats to those that passed. 🙂

[maes]

It was alot better than it could of been, i made a sloppy mistake on IHT, i included gift to husband as a PET, and then included it when doing the death tax, so annoying especially when I knew it was exempt. Question 3 was definitly tricky, especially part c.

[maes]

I passed with 50, so pleased considering I messed up on the decision tree and variance analysis questions. Now on to the next one, congrats to all that passed! 🙂

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I am glad even though I know I messed up on the decision tree, my suggestion to expand was correct. I hope I get marks for making the correct suggestion.

[maes]

Questions were ok, but I messed up on decision tree, I did say they should opt for option 2. I did ok on part c. Variance analysis I messed up too, I forgot how to do the sales mix. Hoping I’ve gained marks on the theory side. Just got to wait and see now, hopefully i’ve done ok, strongest points were balance scorecard, budgeting (theory side).

[maes]

Thanks John, that makes sense now. The layout appeared different once I posted the message, it makes it harder to read.

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