Consolidation

The short answer is - you won't be asked to prepare a full SPLOCI- the style of exam changed totally when the new syllabus was introduced - we, like other learning providers, leave some practice questions in because you can never be sure which lines he'll ask for - you'll just be asked for an extract or a couple of numbers (eg impairment, NCI etc). So, the key workings are group structure, NCI in PAT, NCI in TCI, and goodwill, plus all of the adjustments that you have learned in the chapters on change in group structure - e.g. associate to subsidiary. Most of the marks, as I'm sure you know, will be awarded for the quality of explanations.

Yes - that's correct.