CAP 2 SFMA Case Study 2016

Lyra Fangs

Jsmac67 wrote: »

Think it was just a record inventory at lower of cost and NRV. So a normal write down,but also the costs of I think 8k to convert them would be taken away from inventory and expensed in cost of sales as they relate to a cost of inventory?

So it'd be closing inventory less write down less costs of conversion?

Yeah I got confused with cost and included the costs of conversion

Jsmac67

Lyra Fangs wrote: »

Yeah I got confused with cost and included the costs of conversion

Wouldn't worry too much. I was told from others who've done the interim in prior years that you're marked against the others in the room. The easy parts will get you the most marks and the most difficult may only end up being wrong half of what was planned.

For the SOCIE were there any changes bar dividend and retained earnings from this year?

Lyra Fangs

Jsmac67 wrote: »

Wouldn't worry too much. I was told from others who've done the interim in prior years that you're marked against the others in the room. The easy parts will get you the most marks and the most difficult may only end up being wrong half of what was planned.

For the SOCIE were there any changes bar dividend and retained earnings from this year?

That's all i had anyway! My BS was still out by quite a bit though

odonovan4148

Hi guys,

I am sitting the SFMA case study in May and there is no workshops on as it is only for a few people that could not sit the January sitting! Does anyone know where I could get a good grind with notes for the preseen case study?

Thanks in advance ( Chartered grind school isn't doing any!)

dyanne

Hiya - did you happen to find any resources for this? I'm doing it too and am a bit lost..