• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • CIMA Forums
  • Ask CIMA Tutor
  • FIA
  • OBU
  • Buy/Sell Books
  • All Forums
  • Latest Topics

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for March and June 2025 exams.
Get your discount code >>

Rafail23

Profile picture of Rafail23
Active 8 months ago
  • Topics: 0
  • Replies: 3
  • ☆
  • Profile
  • Forums
  • Topics Started
  • Replies Created
  • Engagements

Forum Replies Created

Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • September 3, 2024 at 2:15 pm #710701
    mysteryRafail23
    Participant
    • Topics: 0
    • Replies: 3
    • ☆

    I did the same.

    on the opinion i also used qualified on material misstatement but now thinking about it i thing if you calculate the month allocation of the finance cost during the year is not material on its own and i am thinking that the correct answer may be was unmodified opinion.

    what do you guys think?

    September 3, 2024 at 2:12 pm #710700
    mysteryRafail23
    Participant
    • Topics: 0
    • Replies: 3
    • ☆

    i used the lower end of materiality but i thing there where indications on using the higher end because it was unlisted and existing client.

    in q3 i used qualified opinion but the reason was for the capitalization of the finance costs.

    Thinking about it i thing that i was wrong as if you calculate the finance cost pro-rata is not material and the opinion should have been unmodified.

    can anyone comment on this please?

    September 3, 2024 at 2:08 pm #710699
    mysteryRafail23
    Participant
    • Topics: 0
    • Replies: 3
    • ☆

    Yes i found that it was material

  • Author
    Posts
Viewing 3 posts - 1 through 3 (of 3 total)

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • Nabiha on FA Chapter 2 Questions The Statement of Financial Position and Statement of Profit or Loss
  • John Moffat on The Statement of Financial Position – ACCA Financial Accounting (FA) lectures
  • Bainamura on The Statement of Financial Position – ACCA Financial Accounting (FA) lectures
  • kadamova.f@gmail.com on Associates (IAS 28) – PUPs – ACCA Financial Reporting (FR)
  • kadamova.f@gmail.com on Associates (IAS 28) – PUPs – ACCA Financial Reporting (FR)

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in