FR*** June 2023 ACCA FR exam – Instant Poll and comments ***

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It was not tough but I don’t know if I did well

What was the disposal gain

So annoyed I didn’t get a consol question in section C, I got single entity the one question that I did not want, 100% failing that

I got gain of 900k for the disposal but not a clue if that was right

I got a loss of 600K in the disposal for Section C. I am so upset I did not get a consolidation Sec C question

It was my first exam and I think I'll fail :( it was hard specially section c

What was the consolidation question SFP or SPLOCI? Could someone give short summary of the questions given for the DipIFR? Thank you!

No consolidations in Chapter C for me. I had 1 question ratios and interpretations and the other one single company statement of financial position

$2.34m gain

Exactly. Is it possible that questions are simetimes different for the same exam? I had the same section C as Yours. Plus one gorl told me she had agriculture in section B which i dont recall. But it mighr be that i ommited as i was half asleep today

If u write in the morning and afternoon questions differ

She was at the same sitting so mpst probably ive ommited completely one of the wuestion from section B. It was afternoon sitting and i dont recall anything on agriculture

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My section C (morning sitting) was disposal & ratios then single entity SoFP. I messed up the gain/loss on disposal by deducting the NCI. A silly mistake no doubt. I'll echo Fruzsik, 12 marks for the comparability feels like there was more to say that I didn't... To radeksado, there was one section B question on agriculture/biological assets that I remember, involving sheep, wool and cardigans.

Section B was easy, Section C was a disaster, The ratio question was too much calculation for just 5 points. The single entity question had two parts, SFP prep for 13 marks and i have to clue what the 7 mark question was asking. Section A was basically 50% consolidation calculation.

Did we have to include NCI with equity when calculating ratios?

Thx. So i definitely ommited one question from section B then. Well, lets see on 17th of July. Thx guys

The agriculture one in section B was almost related to theory. One question for this was which can be used (FIFO, AVCO, or LIFO)

Loll

In the noon session paper, Was that a loss or gain on disposal in section c interpretation

nah man, you were supposed to compare the performance in general as well as the disposal. Include different ratios of your own etc

In those ratios i think the parent company owned 100% of the subsidary if i remember right so there would be no NCI

The exam was okay , there was few people with us in center who were sick and kept coughing all day, couldn’t keep a thought in my head for a second. I am doing exams remotely going forward i had enough

500

Was your Section C Consolidation question about Biker and Scooter?

Yes I had a question about biker and scooter, where I had to calculate ratios, loss/profit on disposal and interpretation

For the ratio in SECTION C, we dont have to adjust anything right?? So the comparison is based on the non adjusted ratios and the impact on disposal + CEO comments right?