AAT exam FSLC q1 cashflows

JEA
JEA Registered Posts: 3 New contributor 🐸
Has anyone else done the FLSC test recently and found that they couldn't get the net cash flow right or the same as the balance sheet for question 1?

Not to discuss answers or anything, but I've practiced them to death and was on the look out for all possible variables, calculated the ppe purchases and disposals and tax paid correctly but the figure I was coming out with was miiiiles off the actual cash flow from the balance sheet (including overdraft).

Probably fat fingers but I was staring at this question for the best part of an hr (completed the exam though). Anyone else as stumped as me?

Comments

  • Pian32
    Pian32 Registered Posts: 474 Dedicated contributor 🦉
    If you were miles off I'd guess you forgot to remove or add something back from the accounts. For instance depreciation on large companies is large.
    AAT Level 4, MAAT
    ACCA in progress
    F4- Passed Aug 2020
    F5- Passed Dec 2020
    F6- Passed Sep 2020
    F7- Passed June 2021
    F8 - Passed Sep 2021
    F9 - Passed June 2021

    SBL -
    SBR - Passed Mar 22
    ATX - Passed Dec 21
    APM - Passed June 22
  • Lewisham_lass
    Lewisham_lass Registered Posts: 52 Regular contributor ⭐
    I wouldn't worry too much, I took this one last week and some bits didn't come out as planned, but you can definitely still get a pass overall on the exam. Fingers crossed for both of us to get a pass grade, hope you are having a good christmas
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