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*** ACCA Paper SBR September 2018 Exam was.. Instant Poll and comments ***

Forums › ACCA Forums › ACCA SBR Strategic Business Reporting Forums › *** ACCA Paper SBR September 2018 Exam was.. Instant Poll and comments ***

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  • September 11, 2018 at 6:40 am #472576
    aaman
    Member
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    • Replies: 7
    • ☆

    You haven’t discounted the consideration since it will be paid after one year from the date of acquisition. I have assumed the discount rate of bond i.e. 5%

    September 11, 2018 at 8:45 am #472587
    aaman
    Member
    • Topics: 0
    • Replies: 7
    • ☆

    @gjohnstone00 said:
    Can anyone explain how the disposal of associate was accounted for? It went from a 40% holding, so significant control to 10% so should be accounted for under IFRS 9. Is the template correct to use

    Disposal proceeds. X
    Fair value of retained interest X
    —–
    X
    Less

    Net assets of sub at disposal date. X
    Goodwill at disposal date. X
    Carrying amount of NCI. (X)

    Profit / loss. —–
    X
    ——

    Thanks

    Its wrong template, this is used whenever the subsidiary get converted to associate on disposal of shares.

    September 14, 2018 at 8:24 am #474540
    gayanfdo
    Member
    • Topics: 0
    • Replies: 1
    • ☆

    Hello everyone, I’m taking an ACCA exam for the first time and that’s gonna be SBR in Dec 18. Seeing most of your comments above suggesting me overall knowledge to pass the exam. Is that right?

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