[sonia94h]

Q1
14 marks adjust the cashflow
10 marks explain the adjustments
6 marks explain the presentation of financial instruments, bank loan and overdraft in cashflow statement

Q2
10 + 2 marks ethics
8 marks segment reporting

Q3
8 marks credit impaired financial asset
?? Marks Revenue recognition
?? Foreign exchange in individual and consolidated financial statements

Q4
9 marks sale and leaseback explanations
7 marks sale and leaseback scenario
7 + 2 marks sale and leaseback compare the options, impact on financial statements and KPIs

[sonia94h]

Tough exam with very few calcs, hoping to scrape a pass..
the only question I couldn’t answer was the 4 mark hedge of the forward contract.
Forgot how to gross up goodwill and impair it in Q1.
Credit losses question was also tough!

[sonia94h]

Section C included market share and market size variance questions and a 20 mark question to discuss the performance of a company. I had technical issues though and had to rebook for wednesday 10th. Does anyone have previous experience of a week 2 exam? Will the exam be entirely different or could it still include the same questions mentioned in this thread?

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