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This is my second attempt of SBL and didn’t do well this time also. I couldn’t think of non financial implications of orders. I don’t know two control recommendations suggested by Finance Director. The last question was unfinished…
I feel terrible! Can any one advise I could survive?
For no. 1, I didn’t balance and other went well except for held for sale, forgot to add the closing pension in liabilities, unwinding of discount in joint operations.
For no. 2a, I don’t know of foreign currency exchange.
For no.2b, I wrongly wrote of IAS 8 for change of depreciation policy as restrospective error. Others are okay i think.
For no.2c, I wote of financial asset and held for sale with business model changes.
For no.3a, I don’t know how to treat revenue so I just write 5step models
For no.3b, I wrote fair value and apply case
For no.3c, I just calculate PV of lease payment and added to the value of liability and calculate gearing ratio and did not give any comment.Any ideas?