- This topic has 160 replies, 35 voices, and was last updated 7 years ago by
.
- Posts
There was no share exchange in the calculation of goodwill. I managed to calculate all the requirements for consolidated SOFP, however I forget to plug in the Goodwill amount into the F/ST.
I was also unsure as to how to deal with the revelations and the inventory adjustment.
All in all, Q31 and Q32 were fair but I feel due to its simplicity I made some silly mistakes.
With regards to the negative goodwill in the multiple choice, my answer was CR 100000.
Please share your thoughts on the above
I guess there cash payment of 92m
For the issue costs of share I thought it will come off share capital at start?
There was something about debentures as well ?May be I Got 16996 or something …not sure…
Good to see will be awarded few marks even I it goes wrong .
- Topics: 0
- Replies: 1
- ☆
I was totally ready for finance leases and cash flows
SmhNo there was pref share. Not debentures. And what about that govt. Grant question ? Was it 1.8m ?
Like wise In Intrepretation Part I Got Gearing Of 2006 way Too High…
And 2007 ratios Were Poor –
I Thought The Que is straight forward …
Degrading Performance & Position .I selected 1.9 m …
Coz There Is A Case Of 6 months Not Full Year. …
I hope I am Right .Gg 1.9
Did time proportioned the gg amt for p&l for the year
I think 1 July asset was bought
Ye was Dec
I did for 6 months
Which was coming 10000
200000/10yrs X 6/12
200000-10000
1.9Anyone ???
Even I selected 1.9 thanks To God…
Seems That Apart From That Silly 100000 DR Mistake – The paper Went Fine …
- Topics: 1
- Replies: 10
- ☆
This was a good exam, 31 was once you covered S,s equity table, goodwill,Re, and nci you had most of the marks, there was a part with unrealized profit,and fair value of consideration.
32,financial performance and financial position ( spoke in relation to the ratios and explained movement based on information in sfp. NCA were not under-invested as mentioned.
overall financial position fell, but will pick back up as they incur high (one off cost expense due to negotiation-license- i guess)
multiple choice: very limited, didnt cover the syllabus at all!!!!!!. repeated section saw the same area covered as the long questions and repeated. not sure what was up with that. No EPS, no cash flow, not tax, saw some financial instruments,
Q32 I agree with the deferred consideration 23k.
GW I got aroundGrant selected 1.6 as NCL carrying some to CL – wrong I see
- Topics: 1
- Replies: 10
- ☆
I did that as well and got 1.9
I want to ask, if I forget the unit in examination due to the time pressure, for example, I write “2” in financial reporting F7 Q32 instead of $2m, will i be punished hardly for doing so? Of course I think the examiner can deduce “2” is “$2m”
- The topic ‘*** ACCA F7 September 2017 Exam was.. Instant Poll and comments ***’ is closed to new replies.