Corporate Reporting ACA August 2020Watch
Finance and Accountancy Careers Content Blocks
How do you decide if divisions are material? Didn't know anything about disclosures either.
I hope I scrape by but i think I'll have to retake lol
Weird investment line as well ? Which was then a JV?
Ha I do indeed! I generally went in well prepared tbh so was abit shocked as the exam progressed, spent far too long on Q1 then screwed my timing and didn't finish question 2! How was your second question answers, share options seemed okay and lease on second proprosal but didn't even get round to tax bit.
Spoke to quite a few people after the exam who shares similar feelings that they don't think the exam went very well. Haha, agree with you on los allowance, so shouldve been over total expected defaults and they had done it over lifetime, but then i couldnt re calculate it based on the info that was given so gave up ha!
Btw, did you do share option over two or three years?
Think it said 30% first year and 18% afterwards.So I just did 30% tax depreciation on the ROU asset and 18% WDA on the other PPE TWDV figure.Added back the accounting depreciation charged on the other PPE