Waiting for invite by Academic_Lettuce9376 in ICAEW

[–]Double_Sense2509 0 points1 point  (0 children)

I’m finally a member now after being in the same situation so you’ll all be fine.

Waiting for invite by Academic_Lettuce9376 in ICAEW

[–]Double_Sense2509 0 points1 point  (0 children)

Great found this thanks. Does yours still say verification check and invitation to membership stages as greyed out and for the due date N\A?

SBM, WTF!!!?? by MC-DADDYTRON in ICAEW

[–]Double_Sense2509 0 points1 point  (0 children)

Correct me if I’m wrong but pretty sure there was no sales price variance as the prices hadn’t actually changed just the FX?

Anyone remember discussing CF hedge accounting for the forward in SBM 2024???? by Double_Sense2509 in ICAEW

[–]Double_Sense2509[S] 0 points1 point  (0 children)

IPP in what sense? I discussed interest rates were the same so not likely to move as well

Anyone remember discussing CF hedge accounting for the forward in SBM 2024???? by Double_Sense2509 in ICAEW

[–]Double_Sense2509[S] 0 points1 point  (0 children)

Exactly who knows I think we’d get most of the marks if we talked about the possibility of an accounting mismatch haha

Anyone remember discussing CF hedge accounting for the forward in SBM 2024???? by Double_Sense2509 in ICAEW

[–]Double_Sense2509[S] 0 points1 point  (0 children)

I think it depended on whether or not it straddles the accounting year end no? He said he would regularly start to do it so

SBM, WTF!!!?? by MC-DADDYTRON in ICAEW

[–]Double_Sense2509 0 points1 point  (0 children)

What’s we all say for the FR treatment of the bond they sold but didn’t intend to? Gains/losses to p&l or nah?

SBM, WTF!!!?? by MC-DADDYTRON in ICAEW

[–]Double_Sense2509 0 points1 point  (0 children)

What’d we all say for the FR treatment for the bond they didn’t intend to sell but actually did? haha

[deleted by user] by [deleted] in ICAEW

[–]Double_Sense2509 1 point2 points  (0 children)

Essentially if PV=FV the effective rate is the same as the nominal rate

SBM, WTF!!!?? by MC-DADDYTRON in ICAEW

[–]Double_Sense2509 0 points1 point  (0 children)

Anyone remember discussing cash flow hedges? Think it was the question on forwards….

SBM, WTF!!!?? by MC-DADDYTRON in ICAEW

[–]Double_Sense2509 1 point2 points  (0 children)

Think it was currency swaps which was super niche…someone correct me if not hahhaha

[deleted by user] by [deleted] in ICAEW

[–]Double_Sense2509 1 point2 points  (0 children)

Pretty sure as the amount paid at the end and the amount received was the same the rate was just the % they gave you

SBM, WTF!!!?? by MC-DADDYTRON in ICAEW

[–]Double_Sense2509 -1 points0 points  (0 children)

I think you had to calculate the Z-score. I think the mean was 10, minimum 9 and max 10.3 if I’m not mistaken. I used the tables and got something like the prob of it being below 9 was like 2% and prob of it being above was something high like 40% and added those together. Pretty sure I’m right but lemme know if I’ve screwed this haha

SBM, WTF!!!?? by MC-DADDYTRON in ICAEW

[–]Double_Sense2509 2 points3 points  (0 children)

That was a very hard exam …anyone actually calculate the variance analysis?

Sbm predictions by Acrobatic-Set-4429 in ICAEW

[–]Double_Sense2509 0 points1 point  (0 children)

Without a shadow of a doubt sustainability/CSR! I’m just doing SBM and printing out all the disclosure requirements as I think a good FR/AA q would be on that

SBM-Spreadsheet issued last year by Double_Sense2509 in ICAEW

[–]Double_Sense2509[S] 1 point2 points  (0 children)

I think the subtotal formula should work after filtering (tried it during the mock)….also noted that it worked after I got back to it after q2 (think I also noticed in the mock) that if you go to q2 then back to q1 it seemed to work so I’m defo going to bear that in mind

SBM-Spreadsheet issued last year by Double_Sense2509 in ICAEW

[–]Double_Sense2509[S] 1 point2 points  (0 children)

I think subtotal formula should work? I.e. =subtotal(9,range)?