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SBR Marking

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › SBR Marking

  • This topic has 1 reply, 2 voices, and was last updated 3 years ago by Stephen Widberg.
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  • June 15, 2022 at 2:18 pm #658804
    jakestjohn3
    Participant
    • Topics: 1
    • Replies: 1
    • ☆

    Hello,

    I am entrigued to know if you will obtain marks for suggesting the right treatment of transactions however recognising it in the incorrect part of the income statement.

    For would you gain any recognition and receive part of the marks if you were to suggest the accounting treatment for a financial asset but instead of saying FVPL you suggested FVOCI?

    Many thanks,

    June 16, 2022 at 7:14 am #658826
    Stephen Widberg
    Keymaster
    • Topics: 17
    • Replies: 3447
    • ☆☆☆☆☆

    Normally…………no.

    P&L and OCI are completely different statements. P&L impacts on EPS etc and shows profit, whereas OCI shows other gains.

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