CSFP

Have you worked through the course notes? Or study text? Or revision kit questions?

the CoFP is the reflection of the fair value of net assets which are under the control of the parent company as at the financial year end together with an analysis of the way those assets are funded by equity shares, other reserves and retained earnings and the outside non-controlling interest ( also long term finance from outside lenders )

hi – the only thing I can suggest at this ( late ) stage is question practice. Satrt with the “preparation questions” from the revision kit and work your way up to exam standard questions. Seriously, the more you practice the same “moves” the more automatic it becomes and, at the same time, the clearer will become the logic behind it. Don’t get put off by the little idiosyncracies within individual questions – there’s always something a little bit out of the ordinary. Don’t let those “bits” put you off.

Try a couple of questions before you post again and, if you’re still needing an explanation of any parts of those “couple” then post again and I’ll try to explain them for you

Spend some time and read through the study text, then do a series of questions on CSFP. Thnks