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- December 8, 2015 at 8:46 pm #289326
I have to say, many adjustments came up in Q3 for which I had not come across them in that fashion before, or else, there was so much information that it all got rather confusion. I took a real gamble with the intragroup adjustment since I figured that the examiner would not have included the prior trading relationship between the parent and the subsidiary for no reason. In light of this, I calculated a weighted average per month for the year and recalculated how much of the ‘intergroup’ adjustment related to the period after acquisition. Hey, it felt right at the time! This is my third time at this exam and I found this really hard! Mcq’s??? Really??!!! Maybe I overthink things!
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