[sajini]

Passed with 64%. First attempt.

[sajini]

Passed with 54%.First attempt. Attempted less than 80% of the paper. Big thanks to opentuition for helping me understand the concepts.

[sajini]

Bad

[sajini]

My God
You are so rightt. Messed up so bad. Heart is sinking. Did you do it the correct way?
How many marks will that cost?

[sajini]

Ohh you are right Tom
I.messed up

[sajini]

Well there is no gain or loss for disposal computation coz the control wasn’t lost..
I didn’t put the 10.5 mill at reporting date

Q2 was bad…
But overall I gave it my all

[sajini]

For question 1
the disposal of 10% by share for share exchange, how is it suppose to be dealt? Normally it is cash..

I did credit equity(new shares at fv) and credit nci. Both these amounts added to other componenta of equity
Correct ir wrong?

And for the net asset computation.
The contingent liability was nt shown so we include at the date of acquisition which was 5 million. The question said the contingent liability was settled at the reporting Dat for 10.5 mill or something.

My doubt is do we put 10.5 million in net asset computation at the reporting date?

[sajini]

thank you

[sajini]

@pandaki said:
How to find Mr Dino video ?

https://www.accaglobal.com/middle-east/en/student/changes-to-exams/p1-and-p3/free-p1-and-p3-webinars.html

[sajini]

passed with 56%.Grateful. Exam was not easy and it was my First attempt.
Thanks to Sir Ken for those great lecture videos and Mr Dino for the webinars few weeks before exam which gave such a confident boost.

[sajini]

Passed with 61%. It was my first attempt.
I don’t think it’s possible to pass this paper with just two days of studying unless it was a resit or you have studied the subject before or you have relevant audit experience

[sajini]

I got 76%

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