Hello
Sir, as we say that in the first para of the answer we should write IFRS standard i.e. e.g according to IAS 37..... Then in the next para we should write the scenario application. Sir is it necessary to follow this sequence?
Secondly the way examiner writes answer, if we have also written in the same way then that is also acceptable na?
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4y ago#1No need to refer to standard number - waste of effort.
Sentence 1 - explain the relevant knowledge from the standard
Sentence - apply the knowledge from the standard to the scenario explaining the impact on the P&L SFP erc
Make sure you watch my 2019 and 2020 exam debriefs for more on technique.
Secondly the way the examiner writes the answer that is also acceptable na?
4y ago#3That is exactly what the examiner does.
The only difference is that he quotes standard numbers which you don't need to do.
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