Forums › ACCA Forums › ACCA FR Financial Reporting Forums › *** F7 March 2016 Exam was.. Instant Poll and comments ***
- This topic has 117 replies, 33 voices, and was last updated 8 years ago by Anonymous.
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- March 10, 2016 at 12:55 pm #305258
Oh yes that ! What did you write ? 1st option is right for sure. What about the 2nd option ?
March 10, 2016 at 1:16 pm #305267Ami 12: Second option is not true I guess
March 10, 2016 at 1:20 pm #305269But why ? 🙁 I don’t wanna lose 2 more marks x(
March 10, 2016 at 1:49 pm #305274F7 exam tough tho.. contigent consideration in cost of consideration in goodwill.. and decrease in cont consideration is added in SOPL Profil &loss
March 10, 2016 at 2:25 pm #305278@yentam said:
Because carrying value doesn’t include interest. Intereat is included in the liability.yes, but carrying value of a lease is a liability.. so interest will be added to it right ?
March 10, 2016 at 3:40 pm #305296I think that makes sense! Btw do you know the answer to the devp expenditure MCQ ?
March 11, 2016 at 9:56 am #305505Can you help.
I don’t remember Q3.
Total 30 mark.
a. Goodwill : 7
PL :8
c. Change calculate goodwill : 3Any question else for Q3 ???
March 11, 2016 at 10:40 am #305512Noo.. it was
goodwill – 9
P/L – 16
And that theory Q – 5This is what I think it was :3
March 11, 2016 at 3:09 pm #305603Ami12. Which one you chose to reduce gearing
Revaluation
Taking loan to repay existing loan
Selling carrying value of an asset and leasing it back under operating lease.March 11, 2016 at 4:28 pm #305657Can someone please remind me what question 1 a question was. And I think coz the 4 marks there was to guide you to know that not a lot of work was required
March 11, 2016 at 8:09 pm #305813Pinkyjovin123 : I chose revaluation and selling asset and leasing back I guess.. I cannot recall my answers X.x
March 12, 2016 at 2:22 am #305915The exam was fair if i had prepared fully.
March 12, 2016 at 7:03 am #305945?
March 13, 2016 at 8:57 am #306145My thoughts are the same as yours Sarah, it wasn’t a tough paper but I was under prepared. I took F8 at the same time and spent more time on that.
March 13, 2016 at 8:12 pm #306237Can anyone tell me which question came for the 30 marker question in just concluded F7 exam?
March 14, 2016 at 3:56 pm #306350Thank u Yentam, to nicely presented ur formulation.
March 17, 2016 at 4:34 pm #306824Hi guys, does anyone remember what the section 2 questions are about?. I’m thinking of writing the exam in June or September. Cheers.
March 23, 2016 at 8:09 am #307902AnonymousInactive- Topics: 0
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