Fewston Q1 SBR Sept 23 ACCA mock debrief

Go to the ACCA practice platform and attempt the Q Fewston. Then review this video. It is my attempt at this question. To time. I am not creating a perfect answer. I am trying to demonstrate good exam technique. At the end of the video I mark the answer that I have prepared. I don't get 30 - but I do not over run on time.

[@seangaucho123]

First part Tom marks the GW exchange as a GAIN (53) but later changes it to a LOSS- hopefully saves anyone else pausing the video at that first point trying to work out as I did 😅

[@tomclendonaccasbronlinelec7226]

Yup - I hope my style of trying to think like a student and work the Q like one is relatable.

[@fedemenni]

Must say: immense thank you- your videos and postcast really helped me to pass my SBR june exam, 62%!

[@suchitatib]

This video helped a lot! Thank you for your time and efforts!

[@tomclendonaccasbronlinelec7226]

Thank you - glad it helps

[@Onlymemes-d6h]

thanks sir for the video i do appreciate your effort

[@lijun7209]

Thank you very much for these fantastic debriefing videos. I have a question about the time around 38 minutes. The professional concluded that the entity correctly used hedge accounting. From what I’ve learned, a fair value hedge aims to protect the value already recorded in the Statement of Financial Position (SFP), while a cash flow hedge aims to protect against changes in future cash flows. In Exhibit 2, the entity used a fair value hedge to protect against changes in future prices. Do you think this is correct?

[@mehedikhan3959]

It's so helpful

[@tomclendonaccasbronlinelec7226]

Thank you ! Your comment is much appreciated

[@muhdsyukran8851]

can you do the same debrief on the other questions also? Your debrief is really helpful and I can understand the exam technique that you told us! Thanks Tom

[@tomclendonaccasbronlinelec7226]

I am so glad that you found my debrief useful. There a few other debrief videos on my KZbin channel. But if you want access to my course with loads of questions and debriefs and marking of your work then please get in touch - whats app me 07725 350793 (+ 44 7725 350793)

[@farhanpatel117]

Hi Tom! Last minute cramming for this week's exam and binging on your super useful content. Any idea where this is in the ACCA test reach platform? I cannot seem to find it, any idea if they have removed the paper?

[@user-pv6uz3js9s]

hi i would like to thank you first and i have a question , in the in intra group in question the subsidiary company sold to parent the PURP Should be split between parent and subsidiary or what?

[@tomclendonaccasbronlinelec7226]

Yes - charge in full in cost of sales - but show split in profits attributable to the NCI

[@yau-ul3ty]

Can I know 47.45 why unrealised profit not effect to non-controlling interest? And for the Inventory 1900 (1900) should be show to profit/ OCI attributable to the parent and NCI even though there is no impact?

[@user-xy7jw5pc7f]

Hi Sir , doing the mock paper means will we get the same type of question in the exam as well ? is it important for us to take the mock ?

[@muhammadally2738]

Omg

[@rajathsview2279]

we can use excel spread sheet to calculate exchnage differrence right?

[@tomclendonaccasbronlinelec7226]

Yes you can - and you should if it is going to be quicker for you.

[@spiterimiguel]

How do we get the sample examiner answers for the mock exam and practice exams on the test reach program? there are only sample answers for the past paper questions, but not for the mock exam and practice exams. Can you advise from where we can get the sample examiner answers? thanks

[@tomclendonaccasbronlinelec7226]

I do prepare student friendly structured answers and video debriefs for my students. On the ACCA practice platform you can ultimatly access the answers by going through when you come to mark your script