[mohdafzal]

@mikelittle said:
Please, do NOT attempt to have others (and you yourself) break copyright laws – you are trying to qualify as an accountant – a person that is respectful of others and of legislation and your profession

Your actions suggest that you are basically not a fit and proper person that can demonstrate the ethical actions that the World is entitled to believe are characteristics of qualified accountants and of those seeking to gain that qualidfication

I’m very sorry for my actions 🙁 🙁

[mohdafzal]

I’m not forcing anyone. But if someone wants to help then they can email me and commit a criminal offence

[mohdafzal]

I don’t think there’s anything wrong in it. Since most of the students who have finished the paper would be tossing these books in the garbage. The books and the codes would be of no use to them. Instead, they can help others by providing these books or codes to others who cant afford.

Anyways I’m very sorry for what I have done.

@mikelittle said:
I suppose that there’s some irony in the fact that it’s the law paper for which you are encouraging others to take illegal action!

You must NOT solicit nor encourage others to break the law by passing on codes that will enable you to break into copyright material – it is both illegal and unethical and we will not permit such actions on this site

[mohdafzal]

Those who have finished doing F4 GLOBAL VERSION can please help..
Anyone who has done practicing from kaplan exam kit or study text can please send me the code which is on the first page of the kaplan book .. i have bought bpp exam kit and study text but cant afford to buy kaplan exam kit.. with this code i can atleast get the electronic version of the book.. please if anyone can help me..

Thanks in advance..

[mohdafzal]

@jjacca said:
For the CBE, an extra 5 min is not enough to answer 5 extra section A questions.
Its takes 5 min to fill out the answer booklet at the end for the paper exam, whereas an extra 5 section A questions takes substantially longer. If the seeded questions are at the start and you get them wrong your mind-set can be ruined from the start also!

I found the content of section A very hard, section b fine and section C fine as well… however I ran out of time in section C and left 20 marks behind 🙁
September beckons.

Yup.. you are absolutely right bro.. Even here in bahrain there’s gonna be only CBE from sept onwards.. moreover I’m not used to computer and my typing speed is way slow. And doing these 5 seeded questions in CBE is just waste of time 🙁

[mohdafzal]

Oh ok.. so all the questions discussed here were there in the CBE?? Just curious.

[mohdafzal]

@luti35 said:
Can any let me know where did you take the paper-based exam please, as my self-took CBE and was a disaster.
I am used to paper-based and could not concentrate at all.
Thank you

I took the exam in Bahrain. But I GUESS it doesn’t matter where the exam took place in case of paper based exam. In case of CBE the questions vary I GUESS.

[mohdafzal]

I messed up Section C, especially where they asked about short-term leases in single entity financial statements. Section A was Okay, not that bad. And expecting great from Section B. Lets hope for the best.

[mohdafzal]

Hmmm.. that’s the reason. How was it for you?

@snell123 said:
I took the cbe

[mohdafzal]

Yes. You are right mostly. but this question was surely not in my exam. Did you give CBE or PAPER based? Mine was paper based.

@snell123 said:
One of section b questions was ‘if nci is valued at fair value, what of the following two is not effected:
Share capital
Retained earning
Goodwill
Nci

Surely retained earnings, goodwill and Nci would be effected

[mohdafzal]

Hmm.. even i felt that info was too less.. but yea this was it.. there cant be anymore points to comment on..
I just hope to pass this.. even for me this was the hardest exam ever
Anyways.. EVERYONE GOOD LUCK

@nykkw said:
Those are all relevant points mate, I’m sure we should get the marks for them, if I recall one mark per valid point. Well, here’s hoping haha! I think it was a good thing that we didn’t have too much information though? Because of that it was left to our imagination and we could really explore many different routes on why it has happened the way it has. In my opinion anyways, for me, the little info was better.

Just hope to God we pass, I’ve passed ACCA F1 to F5 and this has been the HARDEST exam ever. I don’t get how people have told me F7 is ONE OF THE MOST EASIEST exams in skill level. Maybe it was easier back then, when there were’nt all that many MCQ’s and OTQ’.s If we got a full consolidation question for Section C I would be pretty hopeful too of a pass.

Good luck everyone! All we can do now is hope.

[mohdafzal]

Btw.. i guess.. due to syllabus changes .. now there is no difference between operating lease and finance lease..
but still i have no idea on how to account for that short term lease..
I don’t know but my MCQs were pretty good i guess.. may be the questions were different..

[mohdafzal]

I sat the exact same paper.. the point with me was that i was unable to get the points on how to comment on it.. i just wrote that wyatt is not doing well now because of its founders.. since they opneed up new company similar to wyatt… and moreover the founders obviously would be having good relations with suppliers and customers of wyatt before acquisition as they were performing good before… and i couldn’t frame the answer well.. since i was under time pressure and english is not my first language… hope that i did well..

@nykkw said:
That’s good to hear. What were your conclusions from the interpretations question? I said that the Knope Group did a good purchase at the time but has suffered a lot since the main creativity of Wyatt seems to have been the founders, as they had said most of the games were made by them, and also the key suppliers and customers seem to know this.

They did well to get an increase in consolidated GP% despite the poor performance of Wyatt, but that Knope has to come to a decision fast as to what to do with Wyatt, continue gambling for them to land a hit game development despite Knope not having any valuable expertise in the area or get rid.

That’s a rough draft of what I wrote, what about you?

[mohdafzal]

So basically your section c was good ?? For me sectuon c was baadd..did you get question on short term leases in section c ??

@nykkw said:
Section A was a disaster for me, only got like 2 answers shaded in 15 mins and I started panicking, winging the answers. Calmed down around Section B and finished strongly in Section C.

That being said, even with my generous marking, I was only getting an estimate of 46/100. It’s in God’s hands now. Hope I can make it.

#Believe

[mohdafzal]

Overall … My paper based exam was kind of okay..

I was tested on final accounts with an adjustment on short term leases..
But it mentioned that it was 5 years .. so how is that supposed to be short term..
And anyways i didnt know hw it would affect the balance sheet and profit..

Interpretations was also confusing..
Since i was not getting points on how to comment on performance.. they had provided very less info

MCQ were good (as far as those options were available for which i think are correct)

Just hoping to pass..

How it was for you all guyzz??

[mohdafzal]

Oh ok. I got it now.

Thanks a lot!

[mohdafzal]

Oh, Ok Sir.

Actually, I missed out the point “before banking”.

Thank you so much Sir for your quick reply.

[mohdafzal]

And I have already passed F1 and F2. So I’m planning to pay and take F4 CBE in March first and then pay and take F3 CBE in May.

Anyone please who can help me? I’m really so confused.?

[mohdafzal]

Thanks a lot for your help brother.

[mohdafzal]

Thanks a lot and should I draw a margin on right side in order to show the workings?

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