SBRACCA Paper SBR exam was - March 2021 Exam - Instant Poll and comments

Comments? I had: control (don't think it was joint operation), goodwill and pensions in q1 impairment q2 revenue, intangible assets q3 sustainability, impairment, provisions q4

Most of those are similar to my paper. But I was asked to identify the acquirer of the business combination. For me, the hardest part was goodwill calculation. I'm assuming you got a note on Financial instrument for goodwill calculation. I couldn't figure out how to calculate that correctly. What did you do with that one.

I considered as amortised cost until mid year, then considered as FV through OCI at aquisition because the acquirer was not passing business model test (not sure about this treatment though). What about you?

I did the same half year at amortized cost then later at fair value through oci What about the hedging instrument? Also what was the overall difficulty level for you guys? I thought it was okayish

Did anyone get decommissioning provision related to impairment question and how was it to be dealt with?

Any idea what the fair value of the brand of peru in question 1 was supposed to be ? Was it 0 or 5m ?

When can we expect the results?

I put 0 because Columbia Co directors stated their intent on discontinuing the brand rather than selling it to a rival.

I did it the same way. I'm not sure whether my final answer will be correct or not, but I think I will get some marks for my explanation.

Isn't that related to IFRS 5- Non current asset held for sale and discontinued operations. I think the question talked about their intention to sell it in the next 12 months, and the probability of the sale happening.

Wrote 5 too, because fv is not entity specific measure

5m (FV at the acquisition)

What are you guys expecting