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muzammilgoundi

Profile picture of muzammilgoundi
Active 11 months ago
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Viewing 12 posts - 1 through 12 (of 12 total)
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  • January 20, 2021 at 1:57 pm #607293
    546271774f3b9115353b7e5003096227279e861be17c43bf02a2094e1730eec2 80muzammilgoundi
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    I got the reply on my appeal and its funny. ACCA says they have stringent processes in place and make sure that the results published are correct. Basically not accepting that mistakes can happen at any stage of the process.
    They just gave pass or fail for each question, can you imagine, not even the proper feedback to the candidate. How you are supposed to remember what was question 1, from which syllabus area.
    I request whoever very confident and strongly believe than their result is not correct should raise this to ACCA.
    They need to provide the correct responses to candidates if they are taking money for it. Without even rechecking the paper they can’t say that this it, no matter what we will not re-evaluate your paper because we have a stringent process in place.

    January 18, 2021 at 6:25 pm #606993
    546271774f3b9115353b7e5003096227279e861be17c43bf02a2094e1730eec2 80muzammilgoundi
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    Hi All,

    Congrats to all who have cleared the exam.

    I have failed but I am really really surprised with my result for both SBR and SBL. I strongly believe something is wrong, so I have applied for administrative review. I just wanted to know if anyone has tried this before.

    Its very disappointing to learn that ACCA does not reevaluate your paper but will just the process etc.

    Please share your experience if you have applied for admin review.

    Thanks,
    Muzammil

    December 10, 2020 at 8:04 pm #599248
    546271774f3b9115353b7e5003096227279e861be17c43bf02a2094e1730eec2 80muzammilgoundi
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    Agree with your comment “if examiners are trying to match the exam questions with real life situations then we should be able to have more time to think and answer the questions properly”.

    December 10, 2020 at 7:42 pm #599234
    546271774f3b9115353b7e5003096227279e861be17c43bf02a2094e1730eec2 80muzammilgoundi
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    I think I got $9M, considering FV of intangible was already included in the FV of net assets acquired and using partial goodwill.

    December 10, 2020 at 7:18 pm #599229
    546271774f3b9115353b7e5003096227279e861be17c43bf02a2094e1730eec2 80muzammilgoundi
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    I am still confused with that FV of intangible asset and goodwill question, whether FV of intangible was already included in the FV of net assets at acquisition or it was discovered later by finance director. So just presented both the scenarios.

    December 10, 2020 at 7:15 pm #599227
    546271774f3b9115353b7e5003096227279e861be17c43bf02a2094e1730eec2 80muzammilgoundi
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    Both intangible asset and goodwill can be measured at FV. For goodwill there is a choice.

    December 10, 2020 at 7:13 pm #599225
    546271774f3b9115353b7e5003096227279e861be17c43bf02a2094e1730eec2 80muzammilgoundi
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    For me INT version.
    1- PPE, step acquisition, goodwill, cashflow,
    2- Ethics, accounting system implementation, treatment of hardware and software
    3- Joint arrangement, decommissioning cost, inventory valuation
    4- Sustainability, IR

    section A took lot of time, so could not even attempt Q4.

    December 8, 2020 at 11:22 pm #598572
    546271774f3b9115353b7e5003096227279e861be17c43bf02a2094e1730eec2 80muzammilgoundi
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    nefelikol wrote:what did everyone write about the sale of the subsidiary?

    SAF for decision making

    December 8, 2020 at 8:06 pm #598580
    546271774f3b9115353b7e5003096227279e861be17c43bf02a2094e1730eec2 80muzammilgoundi
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    Pretty much same here but could not attempt task 5

    December 8, 2020 at 8:03 pm #598577
    546271774f3b9115353b7e5003096227279e861be17c43bf02a2094e1730eec2 80muzammilgoundi
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    Used SAF for subsidiary decision and suggested not to sell.

    December 8, 2020 at 7:56 pm #598570
    546271774f3b9115353b7e5003096227279e861be17c43bf02a2094e1730eec2 80muzammilgoundi
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    What are the chances of passing the exam if you have partially attempted question 4 and not attempted question 5 or in terms of marks attempted 80%.

    December 8, 2020 at 7:53 pm #598566
    546271774f3b9115353b7e5003096227279e861be17c43bf02a2094e1730eec2 80muzammilgoundi
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    • ☆

    Was it a revenue, opex, margin per quarter, by branch, by partner or year? I think it was by year as it also included revenue forecast from new contracts.

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