SBR*** December 2023 ACCA SBR exam – Instant Poll and comments ***

I dont really remember the question in details. But I read in Study hub, it says "When measuring fair value, all characteristics of the asset/liability that a market participant would take into account should be reflected in the valuation. This could include the condition or location of the asset and any restrictions on the use of the asset". the potential buyer who offer the price of 35m because of the location of assets. So I think FV is 35m.

How did you guys responded to the question with credit - impaired loans

Credit impaireds loans I said was a financial asset, then described accounting treatment

I had this exam but can't remember the other part of Q2 along with the ethics question about Mr Chan, can you remember what the requirement was?

Week 2: Contingency Exam Q1 : Relatively easy one a) Significant influence on Associates b) Associate to Sun conversion c) Pre-populated question d) Initial and Subsequent Lease Accounting Q2 : Ethics ?? Q3 : A) Revenue Recognition Revenue Allocation Provision on contingent liability - 12 B)?? - 8 Marks C) Government Grants - 5 Marks Q4 : Restructuring Costs - 25 Marks