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when i came out from examination hall every student was happy and every one was telling that exam was so easy i did very well in exam but why is the result was too bad tutor whether student did not write relevant points or what is the problem with this f8 examination .??????????????????????????????
paper f8 for june 2012 was set easy time was a problem i did not complete upto the last second in a standard time my 7 marks was in danger the paper end time was 17:15 pm but due to power loss time was given as a compensation in the end after 17:15 pm so i utilize this time and complete my f8 exam before the 15 second before the time allowed for power failure i do my best for f8 exam study harder by practicing past paper and just practice past paper and reading technical articles and much more complete 100 % with relevant answer lets see how many marks i scored in paper f8 i hope to got high marks in paper f8 examination
consolidation question
80% shares were acquired by parent and subsidiary share capital was 10,000 $1 each so $8000 were acquired on exchange of shares and what amount of shares give up by parent not given in a question and a deferred payment of 88 cents per share was paid so :_ cost of capital 10%
8000 * 0.88 = 7040* 0.909 =6400
6400+8000= 14400 i think that was the cost of investment in subsidiary and fair value of net assets was more than this amount which results in bargain purchase MR SAIFLALANIi want to say about f7 exam is that i have never experienced of passing 3 hrs in a moment the 3 hrs passed as just like 20 minutes time pass very quickly in f7 exam although i have completed all five question . the question number two their is some problem and mistakes i have made because time was short i spend 40 hrs on that and this was attempted by me as a last question again time was very important . consolidation was quiet tricky cost of investment in subsidiary bother little and also their is a bargain price instead of goodwill no financial statement of associates were given only profit and post profit was given and question no 3 was simple but 14 marks are for ratios and interpretation and question 4 IAS 36 impairement loss was not difficult but tricky and question no 5 was a theory question on IFRS over all i do good but not 100% correct i hope i will score good marks.
plz candidates stop writing fake marks this a place for serious and genuine discussion idiot peoples
paper f5 in one of the most worst paper in ACCA UK skills level it should be a part of professional level because no parts to identify what question can be asked by examiner plus a cost accounting and management theories and contains on a section no idea how question can come in a exam i fail in this exam second attempt but i promise next time i will pass it with 90% marks examiner you should wait for my exam copies and see what can i do in performance management 20,000 rupee i lost by giving this paper
