[almoosawi4]

@kakahh said:
For investment property, only 8/10 should be resognisd = 96 x 8 / 10
And two floor PPE = 81 x 2 / 10

Not sure if I rmb the number correctly
And the deprciation part I assume it is recorded correctly as per question said.

Had the same idea, but divide it by “8” 2/8 & 6/8, I don’t know what happen to me when calculating

[almoosawi4]

@kevikraze said:
I know 1C) was about the pension scheme and how the directors were worried about increase from 10-15 and how they planned to use creative accounting to have the pension costs go through oci which would increase operating profit and this is what their bonus was on, basically think you had to say the scenario and then talk about it being unethical ect.

1)b) I literally had no idea what this wanted, something about different Ifrs for small entities. 0/8 for me

1 b) I thought it was about P&L vs OCI and recycling and I started to write about the technical artical.

https://www.accaglobal.com/an/en/student/exam-support-resources/professional-exams-study-resources/p2/technical-articles/pl-oci.html

[almoosawi4]

Just quick question, Q1 (b) it was asking about P&L vs OCI and recycling process. Or it was about types of pensions?

[almoosawi4]

@vebem said:
Please tell the name of article if you can.

Thanks

https://www.accaglobal.com/vn/en/student/exam-support-resources/professional-exams-study-resources/p2/technical-articles/impairment-of-financial-assets.html

“Impairment of financial assets”

[almoosawi4]

@seanog91 said:
Did anyone get a loss on the disposal in the income statement? of around 13mill?

it is gain 8m, by mistake I wrote it 8 loss XD

[almoosawi4]

Why a lot of people didn’t answer Q4, there was 18 free mak in part A & B(ii)

Part A was from technical articles

[almoosawi4]

because the parent is buying X percentage for lower price from NIC.
NIC is not making gain he is actually making lose from this transaction.

[almoosawi4]

we use total impairment lose – national goodwill, when the impairment will affect the goodwill and another cash generated unit.
where by the NIC will not be effected by impairment of goodwill, but the remaining impairment on PPE will reduce the amount if NIC.

please refer to Q1 in June/13.

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