[marilynlojikim]

Didnt answer Q4 and Q5. I didnt get the sofp balanced! And read all of your comments makes me feel worst. Hahahaha.
Lets just hope for the best!! If i get 50, ill be the happiest woman on earth. I dont need to get married to be the happiest. Just passing ACCAs papers… (Just look what have acca done to me! )

[marilynlojikim]

Okay, thank you sir

[marilynlojikim]

Hahaha…. Now i dont know wherher u are being sarcastic or truthful. Lol

But nevermind, as long as we understand what u have explained in the lectures.

Have a good day

[marilynlojikim]

Hi mike.

Yes u do! Hehe. Its in ur lecture. On ‘preparation of the CSoCI.

W3A is b/f goodwill computation
W3B is on NCI calculation

[marilynlojikim]

Yes, understood. Thank u sir. Need to do loads of exercise.

[marilynlojikim]

Mini exercise on goodwill, its in the opentuition notes.

But i understand it now. I think. Hehe

Its an option on how to calculate the nci cost of investment, either fair value or share of net asset. So , when market price of S’s share before acquisition is given in the question, it is calculated using the fair value option.

Correct me if im wrong 😉

[marilynlojikim]

Yes.thank u!!! U r the best!

One more …

In the question theres an amount of say $100 impairment. In calculating goodwill. I noticed that thereis no goodwill impaired made in working2. Instead only in consolidated income statement in the expenses n nci profit adjustment.
Why is that?

[marilynlojikim]

Thanks Mike. Now i understand…hehehe

Yep, i think so too, otherwise u will be getting loads of similar questions 🙂

Thank u so much again. I’ll let u know when i do get confused ..HEhehe

Have a great day

[marilynlojikim]

Mike,

Pls ignore previous comment. Except thepart about making me confused 😉

Okay, i did the working all over again.

I should have toldu that in answer page 160, w3 includes adjustment BOTH pup AND excess of depreciation in THE SELLING COMPANY.

Why is it in ur working shows pup adj made in selling co and excess in buying. I thought i have understand the concept! Ahhhhhh…..pls tell me the answer in page 160 is outdated. Hehehe

[marilynlojikim]

Hello,

Yes u are right. U did made an adjustment in both W3 and TNCA. U showed the workings in the video too.

But, the w3 is different in page 160. It shows minus pup and add excess depreciation. I read the question in example two for the second time, and no tnca revaluation was mentioned. Or is there any indication of revaluation in the question that i may overlooked?

Now u are explaining about revaluation and makes me more confused. Hahaha. Im not ready for that…..yet! Lol

Thanks

[marilynlojikim]

thank u so much duc169. this is useful. wish u d best for ur coming paper 🙂

[marilynlojikim]

61% thank u so much opentuition! and mikelittle!!!!

[marilynlojikim]

Thank u so much ansi. agree with you, practice makes perfect 🙂

[marilynlojikim]

Hello…i think the notes here is for f6 uk not malaysia variant.

[marilynlojikim]

Hehehehe…thought theres an exception. Lol
Thanks guys

[marilynlojikim]

Samir… If this is ur 1st time. U may go to acca website… And apply for exemptions. They will let u know which will be exempted.

[marilynlojikim]

Thank u zaheer91. Im working..so thinking bout sitting 2 exam next year. Thats why i want to know whats the suitable paper. Did u pass both?

[marilynlojikim]

Wow…what a relieve! Hehe…Thanks mike!

[marilynlojikim]

And this is why i am not a lawyer… law always confuse me! Hope I pass anyway :p

[marilynlojikim]

ahhhhhhhhh…. better!!!! Thank you so much!

I wish theres a book which explain everything in that way. Im sure its a great help esp for non-english student.

again…thank you!

[marilynlojikim]

let us know vipin… thanks in advance… 🙂

[marilynlojikim]

anyone from Kota Kinabalu?

[marilynlojikim]

i know exactly how u feel!!! this is my 1st paper as well, hope we will pass so that we can have confidence for the next paper

[marilynlojikim]

why didnt i see it that way! sigh.hehe, thanks a lot.

[marilynlojikim]

Great!
gone thru some of the past year Q&A, the answers were very very very comprehensive! That’s why i have doubt. But anyway, thank u again.

As for no.4..hehehe 🙂

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