the most painful subject of the term..and of my life ever!!! :pill:

suddenly my consol analytical check for subsidiary cannot balance and i suddenly couldn’t remember what else i missed out. my analytical check for associate balance also didn’t tally, and i aso couldn’t rem what else i was supposed to do. in a way i wasn’t really expecting the consol qn to include funny stuff like total sale of inventory, and contingent liability cos we didn’t practise all these kind of scenarios before. shit. at least i could do the goodwill question cos it’s qualitative and i read the FRS/textbk for it.

financial instruments was totally shit. i buang the whole qn, bcos i didn’t study options for hedging properly. we were discussing in school late at night on thursday nite and MY said options would come out but i was too stoned to study it properly so buang. tried my best to do up something, with a table similar to the second quiz and which MY explained to me only on thursday nite. the qualitative questions on financial instruments buang bcos i tried to cram too much information in the last minute and i couldn’t rem what i studied. i’m really quite sad that i buang the qualitative question. firstly cos i was depending on them to push up my marks. secondly cos i did study for them a few weeks ago, even doing up a summary of FRS39 but i forgot what i studied!

deferrered tax question was ok i think. again one small part of the question was unexpected cos we didn’t do such an entry before. so did whatever i could, but not sure whether the calculation of my tax expense was correct. i didn’t do an analytical chck of my tax expense figure cos i couldn’t rem how to do it. (well not dat i dun rem – i studied it on thurs nite with MY explaining to me aso but there was a particular part that we didn’t understand so we just skipped.)

foreign currency translation was ok i think. but i think my Foreign Currency Translation Reserve figure was wrong. i aso couldn’t rem how to do the check for my FCTR figure. jiak lat. qualitative question was ok, cos i studied the textbk/FRS about it so i could answer it, just hope it’s correct.

i thought consol would be ok cos i practised quite a bit for it. haiz. was expecting fixed assets/transfer of fixed assets which i was super familiar with but it didn’t come out. i knew i would buang my financial instruments qn. deferred tax/foreign currency translation are my better topics but aft yesterday’s paper…hopefully it’s ok. actually yesterday’s paper was quite bad. it was so bad that i finished it even before the time was up. :shake: bad rite? it was a 3 hr paper, starting at 9am. by 11am, i was kinda done and wishing that she could just tell us to stop writing now. but i decided to try and look thru the questions that i skipped, tried and do up whatever i could, anyhow whack so that i could “give her some basis to moderate me”. by 11.45am i already did watever i could, so i was just waiting for it to all end. notice that it’s only the qualitative questions that i can handle. further proof that i’m so not a numbers person and that i’m in the wrong faculty.

considering that the basic foundation of AFA is the FA module i took in Yr 1, and for which i scored a D+ for, i can’t really expect very high for this ADVANCED course. actually before i took the exam was just hoping for C range or D range at best. but aft the paper, which was so bad – the worst paper i’ve ever taken – i really really really hope and pray that she would push up my grade cos i really think i would fail this module.