[Noman]

Capital allowance question was hell. I just forget the treatment of EMI shares as it was discounted. Rollover relief question was fine IHT question on death estate where Main residence was two times gifted once from her husband and then to her son so only once RNRB was used as 2nd time. Job accommodation treatment I just forget it.
Overall experience was really bad as it was my last exam and I just lost it

[Noman]

I sat in the Morning and my first question was based on three companies SNL Ltd QTA Ltd which is the subsidiary of SNL by 75% and the other company was the subsidiary of 65%
Q1a) Ethics
b) Sale of building which cost £410,000 and there is a included value of Land of £150,000
Explain the treatment of sale of building without rollover relief
There must be a sale of another thing which is between QTA and other subsidiary which is not in the capital gain group
and then the next question is on
Rollover relief whether it is available and the asset was a depreciating asset
and there is a VAT question on Capital scheme

Q2 was based on Capital gain on PRR and letting relief and also the gift represents the IHT calculations

Q3 EMI share and the tax treatment and the treatment of employee and partner treatment

Paper was fair enough and May Allah passed all of us insha Allah Ameen

[Noman]

Bro to be very honest that was the easiest paper in P7 history and I hope who has received this variant may passed

[Noman]

No It was 0.9 was the answer I am sure in this question

[Noman]

I was sitting in the morning with F8 and in the evening with P7
How was your exam guys
There was one question on GC status where dates were given
I think 31 December 20X6, 5th October 20X5, and two more dates

[Noman]

I found paper easy but never know how could be the outcome
Q1 Business Risk
ROMM
Outsourcing affect on Audit planning
Audit procedures on Holiday pay

Q2 PFI a) Matter before accepting the Audit engagement
b) Audit procedures on PFI

Q3 Matter on working paper file
IFRS 16 Leases but the scenario is on not charging depreciation according to IAS 16
Inventory where the company has recorded the inventory on cost which is less than the NRV

I attempted 2ndf question first and completed within 30 minutes and than start writing the 3rd question and completed within 35 minutes so I have enough time for question 1 and completed my paper by the grace of God

This was my exam I hope paper was easy and I completed my exam. Hope for the best

[Noman]

Bro I have the same issue I just forget the treatment of capital goods scheme and done my first question in the last of 35 marks question in 36 minutes

[Noman]

passed with 78 and the third time 78 in ACCA

[Noman]

Well the paper was not that much difficult but always prays that I will make it insha Allah. Even MTQs of CGT were quite confusing but if you do Kaplan Kit thoroughly you will easily solved it. One of the VAT questions is also weird IHT is fine Section A is also fine because I can’t stop in a single question in Section A. Only 1 question I might think of it was difficult one otherwise the paper was fine. Section C was also the expected questions were asked I was revising the theoretical questions of Section C outside the examination hall and all were tested in the exam. Hope for the best

[Noman]

Well the paper was not that that much difficult but always prays that I will make it insha Allah. Even MTqs were fine. Hope for the best

[Noman]

Lets make a group and start study all together

[Noman]

brother just focused on your standards like its all about the standard. Once you complete any standard always do the past papers of that standard. You must know the ACCA code of ethics and how to apply the code to the given scenario. and off course consolidation question. In my attempt I faced cash flow question which was super easy question as I practiced of cash flow hardly one or two questions but I know the basics
But always revise your standards on a daily basis than you can understand the standard. And a very important suggestion that you must write your answer according to the scenario otherwise examiner won’t give you marks. He/ she will fail you if you write just the standard knowledge and do not link your answer with the scenario.
I hope it will help you to pass your SBR exam.
Best of Luck

[Noman]

I was not expecting a lot from this paper but passed in my first attempt with 78. To be very honest questions were so difficult but I managed to complete the paper that was also the reason why I scored 78 but thankfully its done

[Noman]

For 24 marks Audit Risks I hardly find only 8 Audit Risks and that was a tricky question

[Author]

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