[Muslim Farooque]

many thanks sir will get to work and hopefully end this once and for all!

[Muslim Farooque]

awesome advice sir, i had given p4 , and i passed that thinking i would pass p7 and fail p4!

exam practice is the key for sure, and i confess i didnt have enough practice and didnt manage time well, but one thing that really scared me was that i was using and thinking about the p7 technique by LSBF throughout the paper, but it didnt pay much dividents so this is the thing that is scaring me the most,

i will watch all your lectures , considering i have alot of time to just prepare for only p7 to give.

I hope i can pass this time! and will have your support throughout , thanks alot sir for your valuable advice!

[Muslim Farooque]

@ehsanshah said:
Why didn’t you just post the name of your mentor, instead of twisting around and scamming! Just like Scammers.

Scammers are bad!

Please do not continue to reply , i have no interest in replying back, as God my witness i had no bad intention or to scam! I was just suggesting my mentors name who helped me pass, i will not disclose his name as i suggested that he does not even know about it, thank u to all who have labelled me as a scammer ! This is what i deserve to pass some advice

[Muslim Farooque]

It is not self promotion, and he is not aware of this at all, if he feels he wants to get in opentuition than its his choice, i was just sharing my experience with the community , and how mentors these days are taking the fee and doing absolutely nothing in return , i was suggesting a good mentor to my friends , not out of any personal gain mind you, if someone like me who has suffered from these issues gives advice , you say its self promotion, im not forcing anyone to join a mentor or anything , im highly suprised by your assessment and wouldnt want to continue writing in this forum,

[Muslim Farooque]

@bik123 said:
Hi,

I am looking for mentor for May 2017. Each time I write someone from obu website or on linkedin no reply, just automatic emails. I consider topic 8 or 15. Can someone advise me how to find mentor quickly, because obumentoring database apparently do not work for me.

I have another question not related to above. Can I enroll and pass p1 exam before submitting RAP? Or after passing any of P exams you are no longer eligible for OBU degree. Currently I am eligible for OBU on myACCA account(F1-F9 passed).

Thank you in advance.

Hey Bik, i can suggest you a mentor you will not regret ! trust me he is very hardworking , involved in the process and awesome value for money , i can share his details with you if u want Cheers mate

[Muslim Farooque]

@bik123 said:
thank you for your responses

Anyone had a experience with virtualmentoring? Are they reliable?

Thanks

It depends on mentor to be honest , just remember the mentor you select is pivotal, select one who actually gives you time on the project, i failed the first time just cuz of this issue and got a really gem of a guy in my second mentor

[Muslim Farooque]

I guess it would goes both ways , if we buy a put then we should sell a call and hence it would be the opposite scenario if we are buying callls we would sell puts?

[Muslim Farooque]

Im saying sir that fir example we are paying premium on a call option so can we sell a put option to create a collar

[Muslim Farooque]

thanks alot for youre help throughout the course , really appreciate it sir,

[Muslim Farooque]

and are disclosures in general for going concern increased in the audit report, a a material uncertainty para is issued in particular circumstances so in normal circumstances would there be anything else on going concern?

[Muslim Farooque]

thanks a million sir, GOD BLESS U!

[Muslim Farooque]

Thanks alot

[Muslim Farooque]

Actually sir i was confused where to put the question,my friend said its a p1 question so i did that , im really sorry abt that, so in the standard of ifrs 8 a reportable segment is for example a subsidiary having debt or equity instruments on stock market ? Is this assessment correct?

[Muslim Farooque]

Like can parent utilize its losses or subsidiaries losses against its tax payable, and for how long can it claim ive heard its 3 yrs?

[Muslim Farooque]

Ok thanks

[Muslim Farooque]

Thats ok sir so , following the principle in the examples if company a wants fixed and company b wants floating, essentially they will take out the opposite and swap, so shouldnt in results calculation for company a we subtract the savings from floating and company b fixed?

[Muslim Farooque]

So sir in chhumura the saving is made if cmc pays fixed and counterparty floating, so why in the results calculation for thier own borrowing cmc as floating and counterparty as fixed?

[Muslim Farooque]

Thanks alot

[Muslim Farooque]

oh right , and im sure that the lock in rate would be used for interest rate options as they are basically futures,

[Muslim Farooque]

Oh yes ! Thanks for pointing that out !

[Muslim Farooque]

Thanks alot sir,

[Muslim Farooque]

I have infact made a mistake in understanding the question actually, its a payment hence an investment is required of $’s , sorry my bad

[Muslim Farooque]

Eadinnu , thats fine but i would like the tutor sir John to answer,

[Muslim Farooque]

Very important point thank u sir alot! But one thing sir that of all questions ive done, and ive seen both cases i have never seen examiner subtracting interest , which i guess should be ignored?

[Muslim Farooque]

Oh dear sorry sir i made blunder in understanding thanks alot

[Author]

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