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Dear respected sir,
I am little bit confused about the exam paper format for Sep 2016 exam session, I have downloaded the specimen exam paper applicable from Sep 2016 which includes:
1- Section A -15 question each 2 marks
2- Section B- 15 question each 2 marks
3- Section C 2 question each 20 marksplease guide me is it applicable only for CBE or is also applicable for paper base exams.
Thanks
Here’s the appropriate link for you to access the specimen exams
Hello sir,
For the June season I have studied with the study book and revision kit which are valid untill 31 August 2016. Do you recomend to buy the new books for september 2016?
No, you’re fine with what you’ve got
Just be aware on the new exam format and those new style scenaria questions – 3 scenaria with 5 x 2 mark questions based on each scenaria
Hi mike thank you for been here
For Sept/Dec 2015 Q3a
The fair value of Palistar and Stretcher’s shares on 2015 were $4·00 and $3·00 respectively. In addition to the share exchange
why used 4.00 instead of 3.00 in the goodwill
75%of 20000=15000/1000×2=6000
6000×4.00=24000
also Following an impairment review, consolidated goodwill is to be written down by $3 million as at 30 June 2015
why used impairment of 3million in stretcher retained earnings rather than in the parent companyI’ve answered this question twice already!
What is wrong with the computers? They’re eating my replies!
Palister is issuing 2 shares at $4 for every 5 Stretcher shares acquired
OK?
You can take just Palister’s share of the goodwill impairment and deduct it from consolidated retained earnings in working W3 – that’s what I would have done – and taken the nci share of the impairment to the nci calculation in working W4A
But if you deduct the FULL impairment from Stretcher’s retained earnings and then take Palister’s share of those reduced earnings, you arrive at the same conclusion
Try it for yourself
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