[jonnhy138]

57% passed even with 14 marks left out

Thank you god!

[jonnhy138]

Got the JV paper. The contents itself werent hard but the exhibits were longer than usual and a bit difficult to sort through durinf the time.

Left out around 14 marks.

Praying for 50% atleast

[jonnhy138]

Any advice for AAA march?

[jonnhy138]

Passed

[jonnhy138]

Which question is this?

I got this paper
q1 SOFP adjustment but only on equity (share capital, retained earnings, NCI) was in the spreadsheet
– fx difference
– 10% investment to 25% investment
– warranties

q2 ethics
– ifrs18 aggregating goodwill impairment with admin expenses
– leases

q3
– investment in loan notes
– business combinations
– fair value measurement

q4
– ifrs 15 at point /over time
– ifrs 15 financing component
– sustainability report – metrics & targets (14 marks

[jonnhy138]

Idk if the prepopulated spreadsheet was incomplete since it only had an equity section for the Group SOFP but yeah.. overall exam was challenging again

[jonnhy138]

Failed 46% Lol
Expected

[jonnhy138]

I did

[jonnhy138]

I prepared and did alot of kaplan questions across each area.

I dont care what acca says, this exam was designed to fail students.

Everyone has the exact same feedback across all ACCA groups. Every question was brutal especially in the

FX and a PL in Q1
Ethics and Revenue Recognition Q2
Asset valuation in Q3
Financial Instrument in Q4

I studied so hard and it was for nothing.

[jonnhy138]

Ahahahahahaa that SBR exam was the worse exam ive done yet!

My fail is guaranteed

[jonnhy138]

Sorry you failed man

For me i used hassan dossani top 25 videos and past papers + kashif kamrans wow answer in sbl video

Passed with 63% i also got the intrapreneurship question and didnt finish the 18 marker

[jonnhy138]

Thank you!
Did.you just use opentution and an exam kit?

I know some people recommend hassan dossani so im kinda lost in terms of how to start there

[jonnhy138]

How did you guys prepare for SBL?
Congrats on your passes btw

[jonnhy138]

Passed 62%! Final level 2 paper

[jonnhy138]

To me this exam was just crazy!

Section C Q1 – Basically had to calculate 2 Income tax liabilities, NICS and CGT plus theory questions for 10 marks only

Section C Q2 – Taxable income and the income tax liability with confusing capital allowances and question wording and then more theory questions

Section C Q3 – Basically had to prepare 3 corporation tax liabilities. Two for a 15 month period and another detailed one on a 9 month period and more theory questions again

Am i the only one who found these to be too much for a 3 hour exam?

[jonnhy138]

Having to do 2 income tax and 3 corp tax questions was absolutely brutal man. Dont get me started on those capital allowances

[jonnhy138]

How did you guys get interest income in the joint question?
Michael and Naomi only had Property, Employment and Dividend income and the question said to ignore the savings interest income

[jonnhy138]

Also what did you get for the tax savings question with Naomi and her husband?
I got 1.3k

[jonnhy138]

For NRB remaining i selected 0 because they asked for the NRB when calculating the chargeable estate.
I assumed that the 25k NRB was used when calculating the Death Tax

[jonnhy138]

Apparently deducting them was correct and i ended up adding them instead.

Its crazy because i never saw of heard of overlapping profits before

[jonnhy138]

Anyone got that income tax question with overlapping profits? Ive never see that before

[jonnhy138]

What was the taper relief and due date you guys selected for the secion B IHT?

I selected 20% and due 31 Jul 2024

[jonnhy138]

Passed – 61%

[jonnhy138]

Any tips for tax?

[jonnhy138]

The june sitting was really difficult though, i did the entire exam kit and the questions i got were so different

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