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Hi. Is C.S.F.P with foreign subsidiary due to be tested again within the next two examination sittings? When was it tested last. December 2015? Thanks.
Not sure what do you think I think cash flows will pop up because they will want to trick us. What is your opinion, are ready?
Use this as a guide (only as a guide);
Thank you very much. The tips has got pretty much everything predicted. How much exam practise have you guys done?
i am only focusing on sfp as i started my revision late. I will be in big trouble if i get p/l or cash flow.
Don’t worry it’s the working where you’ll get the mark. I pray whatever comes up the workings are not too difficult or tricky. I hope you are confident with section B. I am not. I would prefer section A. This is my second sitting, last time cash flows came up and I was sitting the exam with never in my life have done cash flows.
Hopefully God willing we’ll pass.
For B I have problem applying the knowledge in the scenarios. I guess because of lack of practice.
Thank you mate, Good Luck to you
For section B, it is safe to assume that the correct accounting treatment hasn’t been applied, which is why its in the exam.
So state the correct accounting treatment and then state what the company should do.
Thats just my advice