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Exam section C marks

Forums › ACCA Forums › ACCA FR Financial Reporting Forums › Exam section C marks

  • This topic has 4 replies, 3 voices, and was last updated 6 months ago by mrjonbain.
Viewing 5 posts - 1 through 5 (of 5 total)
  • Author
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  • December 9, 2021 at 8:12 am #643356
    Dany@3081
    • Topics: 11
    • Replies: 10
    • ☆

    Hello, in the FR exam, I think I made a mistake in the calculation of the Net assets, because of which my calculated figures for NCI, Group retained earnings and goodwill are in jeopardy. How many marks may I loose? Though the rest of my sum ( financial statement and the working notes) are correct and are presented properly. Thank you.

    December 9, 2021 at 9:19 am #643368
    mrjonbain
    Moderator
    • Topics: 1
    • Replies: 1220
    • ☆☆☆☆☆

    I would consider asking this on the ask the tutor forum if you want a precise answer. Usually you will be able to obtain marks for the various parts of the calculation. Therefore you will not have lost all the marks merely because you made a mistake with part of the calculation. Hope this helps.

    December 9, 2021 at 10:23 am #643374
    Kim Smith
    Keymaster
    • Topics: 88
    • Replies: 6098
    • ☆☆☆☆☆

    @Dany@3081 – if you look at the marking scheme to the FR Mock Exam in the CBE Platform you will see that marks are only ever lost once – under the “own figure rule” candidates are never penalised because an error flows through to later numbers.

    December 10, 2021 at 6:46 pm #643786
    Dany@3081
    • Topics: 11
    • Replies: 10
    • ☆

    Thank you for all your answers! It really helped me, get out of the panic mode. Thank you.

    December 10, 2021 at 11:13 pm #643829
    mrjonbain
    Moderator
    • Topics: 1
    • Replies: 1220
    • ☆☆☆☆☆

    You are welcome.

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