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Passed 67%. Final exam…. Can’t quite believe it. 🙂 message to all…. Keep at it, keep going. It will be worth it in the end.
I did my exam today no problems. My advice sign into acca account early. My start time was 9.15 I logged onto my acca at around 7.30. I had no problems at all from beginning to end.
Do they put in loads of extra risks just so you go over on time or what? I had to move on from q1 so really I couldn’t say there was so much more I could have put in and the quality of answers…who knows. We are the lucky ones, at least we got to sit it.
It’s a bit of blur but BR and RoMM sound about right. Time is such an issue, honestly had no time to go over anything to make sure answers were ok. Exam itself seemed ok. Fingers crossed. Postmortem stage…hate it! Best of luck everyone.
Messed the whole exam up. Panicked. Too much time question 1. Went back to critically appraising the report which is my favourite style question – didn’t read it right and just absolute carnage. So annoying because actually the paper was very fair!
Q1 – Foreign exchange.
Presentation currency + Funtional Currency
Goodwill + impairment
Disposal of SubsidiaryGain/loss on exchange
Couple more questions on Foreign exchange I can’t remember there as so much there!
Q2 – Ethics
Restructuring, closing one location.
Pensions in relation to the restructuring
Deferred Tax assetQ3 – FRS102 for me as I did the Irish varient
Control/Joint arrangements
Under FRS102 would they have recognised control or not? Based on the details provided.
B) of question 3 was on leases under IFRS 16 and how would lease impact on
EBIT
ROCE
EBITDAQ4 – Revenue recognition
Self explanatory I guess
b) Conceptual framework – recognition criteria for assets and liabilities and proposed ED amendments to this.
There was more I just cannot remember. So much in such little time.
Best of luck with your exam in June. I hope I won’t be repeating this one.