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I gave remote CBE. My question paper was a little different and easy!
Q1 – It was acquisition and disposal of subsidiary (Goodwill calculation/Land fair value within 12 months/consideration to be used for another subsidiary acquired)
This was pretty straight forward question. A bit confusing wordings of the question but okayish.
Q2 – Research and development cost/ Ethical issues regarding consolidation and change of year end of a subsidiary
Not sure about research and development cost but it was a good mix.
Q3 – Mixture of intangible assets(brands) and Ifrs-5
This was a pretty good question on ias38 and ifrs5
Q4 – IFRS for SME / Integrated reporting / Employee benefits
This was a good question if you had studied SMEs. Didnt require too much knowledge. I say it was a not too tricky not too easy.
@saviojdsouza i think the value of new company is a bit high. I got around 230m. And the cost of equity of new company was 10% i think. And i also forgot to add training cost even though i calculated it in the working but didn’t add while making NPV template haha. So Pa is also wrong for me. I got put value of 2m something
I attempted Q3 first. It got me panicked a lil bit because i had to plan the steps to get to the desired result. The cost of equity of new company was 10%. As there was no debt, 10% was used to discount CFs. WACC was around 9.5% something. I attempted theoretical part first which in my opinion was easy numbers.
Q2 was the easiest of all. Treasury management and hedging was a nightmare for me but to my surprise i did it with ease. The future was the cheapest though. Again, theory was not so difficult
Q1 it was partly a tough question. Investment appraisal was easy. Though i forgot to add training cost which messed up my NPV but i hope i will get marks for other line items. Real option part wasn’t too great for me as i’m not very sure about the things i have done there with options. The 10 marks theory had me scratching my head for a while but did write something in the end.
Apart from the paper, i see there are comments before the exam even started for me. This timezone thing is a big issue imo.