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*** P2 June 2011 Exam was … Post your comments here and vote in Instant Poll ***

Forums › ACCA Forums › ACCA SBR Strategic Business Reporting Forums › *** P2 June 2011 Exam was … Post your comments here and vote in Instant Poll ***

  • This topic has 122 replies, 95 voices, and was last updated 13 years ago by shawn99michaels.
Viewing 25 posts - 76 through 100 (of 123 total)
← 1 2 3 4 5 →
  • Author
    Posts
  • June 14, 2011 at 11:15 pm #85149
    Anonymous
    Inactive
    • Topics: 0
    • Replies: 2
    • ☆

    Group Consolidated with two subs and one was foreign.

    One had increase in the control.

    June 15, 2011 at 12:03 am #85150
    Anonymous
    Inactive
    • Topics: 0
    • Replies: 2
    • ☆

    waz an ok paper..exchange Q waz expected ..and it did come up ..rest of the Qs were as normal p2 specialty..ifrs 9, financial instruments, post balance sheet events and so on…m quite satisfied with my progress…

    June 15, 2011 at 1:33 am #85151
    Anonymous
    Inactive
    • Topics: 6
    • Replies: 15
    • ☆

    Consol was easy enough however i can’t manage to balance it. overall paper was gone o.k. but still confuse whether or not i can achieve pass mark.

    June 15, 2011 at 1:41 am #85152
    Anonymous
    Inactive
    • Topics: 0
    • Replies: 2
    • ☆

    For this paper, I felt I could do all the questions, but I still couldn’t complete.

    June 15, 2011 at 6:33 am #85153
    Anonymous
    Inactive
    • Topics: 0
    • Replies: 12
    • ☆

    i really hope for a pass paper here after resit for several time.

    i did all question except Q4, last part. for Q1, i did not fulfill Retained earning figures when i found the time allocated to Q1 ended.

    June 15, 2011 at 7:38 am #85154
    Anonymous
    Inactive
    • Topics: 0
    • Replies: 8
    • ☆

    it was predictable and the exmanier him self said that IFRS 9 will feature in da exame (PQ magazine) but we should be careful da marking my be tough, i dont like this kind of examas i would prefer it difficult and to struggle for marks then marking would be gentle on us, i just didnt like it, im not feeling comfortable about it

    June 15, 2011 at 8:15 am #85155
    Anonymous
    Inactive
    • Topics: 0
    • Replies: 11
    • ☆

    I think that there is an excess of confidence in some commentators.
    If you find an ACCA paper easy it will probably mean that you have not picked up some tricky issues that were put in the middle of a sentence with no apparent risk.
    This is particularly true in P2 where Mr Holt is an specialist in hiding standards.

    June 15, 2011 at 8:48 am #85156
    Anonymous
    Inactive
    • Topics: 0
    • Replies: 8
    • ☆

    @marquitus said:
    I think that there is an excess of confidence in some commentators.
    If you find an ACCA paper easy it will probably mean that you have not picked up some tricky issues that were put in the middle of a sentence with no apparent risk.
    This is particularly true in P2 where Mr Holt is an specialist in hiding standards.

    that exactly what i am afraid of and makes me feel uncomfortable, it just like there is still much to be done in my answers and i cant figure it out
    inshaalla ‘7air

    June 15, 2011 at 9:45 am #85157
    Anonymous
    Inactive
    • Topics: 0
    • Replies: 1
    • ☆

    Q 1: ok but a lot of ambiguity in the other sections, in the real world accountants can have discussion with clients …why hide the standards… paper very academic not relevant in the business world….

    June 15, 2011 at 11:51 am #85158
    Anonymous
    Inactive
    • Topics: 0
    • Replies: 8
    • ☆

    In Q2 the part on Provisoins – did anyone have project 2 as a provision & project 1 disallowed to be provided for ?

    Also in Q2 the part on Intangibles – did you use the criteria MAATIE ?

    June 15, 2011 at 12:14 pm #85159
    Anonymous
    Inactive
    • Topics: 0
    • Replies: 1
    • ☆

    can anyone remember what was in the Q3 part (c)? Thx

    June 15, 2011 at 12:35 pm #85160
    Anonymous
    Inactive
    • Topics: 0
    • Replies: 1
    • ☆

    I agree Section B is really tricky, and really confused. i messed up.

    June 15, 2011 at 1:26 pm #85161
    Anonymous
    Inactive
    • Topics: 0
    • Replies: 10
    • ☆

    It’s really easier if compared to previous sittings. But there is still work to do. Hope to have enough marks to pass. Guys, let’s vote at Study Corporate Reporting as well.

    June 15, 2011 at 4:17 pm #85162
    ahoatran
    Member
    • Topics: 4
    • Replies: 19
    • ☆

    Q1 part c….. wtf? I read this over about 5 times. What were they asking?!
    I wrote that its normal in business to try and buy something for cheaper or up to a maximum of what you are willing to pay.
    But the owners dont have to sell if the price isn’t right. What was the ethical issue here?

    June 15, 2011 at 5:20 pm #85163
    Anonymous
    Inactive
    • Topics: 0
    • Replies: 8
    • ☆

    Q1 was almost identical to Ribby. What were the ethical issues in Q1c? Questions 2 & 3 were just too confusing.Strangely he revealed the standards in Q3.

    June 15, 2011 at 5:22 pm #85164
    Anonymous
    Inactive
    • Topics: 0
    • Replies: 8
    • ☆

    i wrote that the acquiror should measure the aquiree net asst at fair value, not underestimate the acquiree and to add some flavour i mention objectivity, integrity, doing the right thing “the parent company’s management may perceive buying a sub as a bargain is doning “the rigth thing” for their company, meanwhile it is not ethically acceptable”
    im not sure 🙁

    June 15, 2011 at 8:10 pm #85165
    Anonymous
    Inactive
    • Topics: 0
    • Replies: 4
    • ☆

    pehle 42 number to halwa ta yar

    June 16, 2011 at 6:07 am #85166
    nicky shaw
    Member
    • Topics: 1
    • Replies: 23
    • ☆

    Truly speaking the examiner was generous even i cannot i passed.i made a lot of mistakes because i panicked.P2 is alsways terrifying

    June 16, 2011 at 6:23 am #85167
    Anonymous
    Inactive
    • Topics: 0
    • Replies: 1
    • ☆

    The paper was quite fair. Open tuition lectures were indeed very helpful especially the standards.

    June 16, 2011 at 7:38 am #85168
    Anonymous
    Inactive
    • Topics: 0
    • Replies: 6
    • ☆

    Question 1 was simple, but part b was kind of hard.

    June 16, 2011 at 9:29 am #85169
    Anonymous
    Inactive
    • Topics: 0
    • Replies: 1
    • ☆

    consolidation shld be based on 80% the 10% was acqiured before the year end +70%.

    June 16, 2011 at 10:10 am #85170
    Anonymous
    Inactive
    • Topics: 0
    • Replies: 1
    • ☆

    examiner was very mush interested in IAS 38 this time….
    questions are not so tough this time….

    June 16, 2011 at 1:14 pm #85171
    evalstngj
    Member
    • Topics: 14
    • Replies: 41
    • ☆☆

    Question 1 looked too familiar – maybe a pilot question that i did the night before and i was just overwhelmed that i could hardly concentrate on getting it done. I’m scared to check where i saw the question. In all, it was a give away!

    June 16, 2011 at 1:34 pm #85172
    Anonymous
    Inactive
    • Topics: 0
    • Replies: 5
    • ☆

    Hi colleagues! As I think exam was not as difficult as it used to be. Q1 and IAS 21 was almost based on past paper question ribby, as I remember. That was a real piece of cake, as someone has said in his post. Q4 was absoltely based on IFRS 9 and brochure (so I call it) as regards IFRS 9 was very hepful, so special thanks for this, let lone tips. But concerning q3, it seems to me a little confusing, due to simplistic situation, but marks were to high for a simple answer, so I can not say that i’ve done it well. In general, I could say that this exam was quite predictable, anyway who knows, marker knows better))) Thanks to opentuition for assistance and help

    June 16, 2011 at 4:02 pm #85173
    jewel1513
    Member
    • Topics: 1
    • Replies: 5
    • ☆

    Section A was ok but Section B gave me hell

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