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<cite> @nagdam said:</cite>
there was a question about subsequent event.Does anyone know what it should be ? adjusting or non adjusting and why
I put non adjusting because the matter of administration did not exist at year end.
It should be adjusting in my opinion since the receivable (or inventory- whatever it was) existed at the year end and could be recovered full once the matter was disclose.
really time pressured paper..i got brain-numb literally in the middle of my exam for 10 mins!!
i really feel soooooo dumb for not having calculated some basic ratios for Q1.. 🙁
does anyone know how many points/ pages r u supposed to write for that part (Q1 (a)- 23 marks)?@miniclaire said:
i answered all, very time pressured exam, just hoping for the 50! q1 i did not quote any ias.best of luck to you all. i hope the standard is changed unfair that it has only 30% pass rate .yea even i dint mention many of the IAS’s ppl here r talking abt!! dead scared..
ok guys, after reading ALLL ur comments, i need to ask “what if i DINT pick ANY of the IAS’ in Q1 & Q2 (except IAS 18 & IAS 17) and in Q3-IAS 2 (Inventory).. is there Any chance for me to pass?? coz i’ve been reading ppl stating IFRS 5 , IAS 8 and MANY MANY more standards were covered! i’m veryyyy scared now!!
ok guys, after reading ALLL ur comments, i need to ask “what if i DINT pick ANY of the IAS’ in Q1 & Q2 (except IAS 18 & IAS 17) and in Q3-IAS 2 (Inventory).. is there Any chance for me to pass?? coz i’ve been reading ppl stating IFRS 5 , IAS 8 and MANY MANY more standards were covered! i’m veryyyy scared now!!