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

This topic has 16 replies, 12 voices, and was last updated 2 days ago by Chartac.

Viewing 18 posts - 1 through 18 (of 18 total)

Author

Posts
March 4, 2021 at 9:35 am #613263
opentuition_team
Keymaster
- Topics: 971
- Replies: 1327
How was your ACCA Paper SBR March 2021 Exam exam?

Vote in the Instant Poll

Please post your comments below
March 4, 2021 at 6:02 pm #613367
masnac
- Topics: 0
- Replies: 2
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
March 4, 2021 at 6:05 pm #613368
Nafffy
- Topics: 4
- Replies: 5
I had the same too, getting the fav of net assets was tricky…not sure what should have been done for bonds since it was held at amortized coast
March 4, 2021 at 6:09 pm #613371
mohamed2000
- Topics: 9
- Replies: 20
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.
March 4, 2021 at 6:20 pm #613374
masnac
- Topics: 0
- Replies: 2
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?
March 4, 2021 at 6:55 pm #613377
umaransari
- Topics: 1
- Replies: 1
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
March 4, 2021 at 7:26 pm #613383
farahhh
- Topics: 5
- Replies: 8
Did anyone get decommissioning provision related to impairment question and how was it to be dealt with?
March 5, 2021 at 7:36 am #613424
sahil4999
- Topics: 1
- Replies: 4
Any idea what the fair value of the brand of peru in question 1 was supposed to be ? Was it 0 or 5m ?
March 5, 2021 at 2:04 pm #613521
yene71
- Topics: 0
- Replies: 1
When can we expect the results?
March 5, 2021 at 5:46 pm #613583
HenryMundie
- Topics: 0
- Replies: 2
Did anyone have Q1 asking about proportionate and fair value NCI differences. Was the only diff in proportionate and fair value of the NCI the 0.1? That Q seemed straight forward which has me concerned
March 5, 2021 at 6:54 pm #613606
daaaronizer
- Topics: 0
- Replies: 1
I put 0 because Columbia Co directors stated their intent on discontinuing the brand rather than selling it to a rival.
March 5, 2021 at 6:57 pm #613608
mohamed2000
- Topics: 9
- Replies: 20
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.
March 5, 2021 at 8:01 pm #613629
mohamed2000
- Topics: 9
- Replies: 20
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.
March 6, 2021 at 4:33 pm #613782
malsulaiti
- Topics: 0
- Replies: 8
i think it should be 5 because as per IFRS 13 management intention is not relevant because fv is a market based measurement and therefore they would take the market use of the asset.
March 6, 2021 at 10:13 pm #613799
farahhh
- Topics: 5
- Replies: 8
Wrote 5 too, because fv is not entity specific measure
March 8, 2021 at 10:01 am #613923
hussainalalawi
- Topics: 1
- Replies: 6
5m (FV at the acquisition)
March 15, 2021 at 2:56 pm #614476
exr814
- Topics: 1
- Replies: 2
Does anyone know what the highest mark was for December 2020 and March 2021 SBR exam? In UK or worldwide?
April 11, 2021 at 3:02 pm #616748
Chartac
- Topics: 2
- Replies: 65
What are you guys expecting
Author

Posts