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Plate Group and skimmed co in section C. To get a adjusted P&L, SOCIE and SOFP is a bit overkill and unfair. Plate Group was fine but Skimmed Co was quite tough. Section B had 10 marks each Inventory, IAS 16 PPE and bizarrely Revenue which was odd in terms and of structure. Section A ok but hardly anything on consolidation at all which was ridiculous. Tough paper overall I think. The multiple choice had lots of select more than 1 option which again seemed unfair and ACCA know this. I feel they just make the exams physically harder to pass.
Finally sat paper today and it was bizarre to say the least. Sect A was random but section B had questions on Agriculture, inventory etc that are so small in grand scheme of things to include these is mad. Section C was ok but quite hard – Goodwill question difficult, ratios was ok and then single entity P&L which was very wordy – Acca you cannot expect students to read through so much information when this exam is so time pressured. Really obscure parts of syllabus tested in relation to theory is very poor. Hoping for a pass but reading forum many people found either exam difficult. Usually FR is a fair paper but this sitting ACCA seems to have it even harder – need consistency in terms of fairness for these papers.
Did you understand the first bit about “Cost Model” on one of the subs and incorporating the answer from part a into the ratios for Lime I think?
Could not finish exam due to technical issues lost most of work. Started on Section C which was bizarre with the Interpretation of FS – 2 possible subs for Parent to invest in but one wanted a wired “Cost Model” calculation that was bizarre (calculating ratios for both subs). Did anyone else have this question? Have rebooked for contingency week next week but ACCA really need to improve this online platform as there are too many issues leading to students like me getting very frustrated!