[mozukortick]

Yes, absolutely. I passed PM (in march) solely preparing on OT lectures. I strongly recommended using revision kit

[mozukortick]

Passed-59%. Used mostly OT lectures and small

[mozukortick]

Got 75, wasn’t sure if I could pass 50 =)))))

[mozukortick]

One of my questions was consolidated profit/loss statement. It required to prepare a part of the statement, calculate goodwill and NCI profit. There were questions about associate and subsidiary (theoretical part, what makes an entity associate/subsidiary and etc).
Second one was just calculations of depreciation, tax paid, receivables, bad debts and etc.
Cash flow statement may appear too.
Buy and do all three practice tests at myacca. Practice a lot!
Good luck!

[mozukortick]

Thanks Mr.Moffat and opentuition, passed f3! 86%

[mozukortick]

Thanks a lot, just wanted to clear my confusion.))

[mozukortick]

Thanks for the reply but the thing is that 1979 – is the profit for whole group. In lectures and also in the book, profit attributable to NCI is calculated using the profit for subsidiary which is 780 in this case. I think using consolidated profit -1979- gives Patpost more than it has earned.

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