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May 25, 2017 at 8:55 pm
Good evening. Please assist. There seems to be no video lecture on forecasting and there are lots of questions on that chapter in the exam practice question kit. Does it mean forecasting isn’t such a tested area?
John Moffat says
May 26, 2017 at 9:13 am
Of course there are lectures!!!
Forecasting is the high-low method, correlation and regression, and time series analysis.
All three are covered in chapters 19 and 20 for the free lecture notes, and the lectures that go with them.
tseliso napo says
April 5, 2017 at 4:11 pm
the lecture are very clear and understandable, is there any way i can download them for future use? i mean, i don’t access wifi every time
April 6, 2017 at 7:27 am
Thank you for the comment.
However the lectures can only be viewed online – they are not downloadable.
It is the only way that we can keep this website free of charge.
December 8, 2016 at 4:52 pm
Fantastic lectures. thank you. you mentioned we wont have to reproduce a cash budget in the exam. does that also go for the budget income statement, balance sheet etc? theyre in the book and im just trying to optimise my study time now.
December 9, 2016 at 6:10 am
You cannot be expected to produce an entire cash budget but you are expected to know what they are, and you could be asked to calculate extracts from them.
April 1, 2016 at 5:21 pm
Hi where i can find the exact video about cash budget?
April 1, 2016 at 6:16 pm
You can’t – there is no need for a video on it.
March 22, 2016 at 12:43 pm
Is this any different from the CBE?
March 22, 2016 at 1:47 pm
March 24, 2016 at 1:16 pm
Thank You Mr. John
October 3, 2015 at 6:57 pm
Dear Sir, could you please advice is there are technical problems with watching video? I cannot watch it now
October 3, 2015 at 7:45 pm
lectures work like before
try another browser.
September 7, 2015 at 6:14 am
Hi, in kaplan text book there are lot of things compare to opentution notes. In budgeting there is cash budget and cash flow forecast but i don’t see in opentution notes. So will it be asked in final exam or not. Secondly there are different types of index numbers in kaplan text and only two types in opentution. So whom should we trust?
September 7, 2015 at 8:24 am
We make it very clear that our lecture notes are not a Study Text – they are notes to accompany the lectures. In the lectures we explain and expand on the notes. Our lectures are what we teach on a course and cover everything you need to be able to pass F2 well. They form a complete course and if you are watching all of them in order then you do not need a Study Text. What you do need is an Exam Kit because they have lots of questions to practice on, and practice is vital.
The lectures do explain what cash budgets are – in the exam you are expected to have heard of them but you are not expected to be able to produce one. That is why we do not waste time producing one in the lectures!
August 30, 2015 at 1:49 am
How can I download this lecture ?
August 30, 2015 at 9:06 am
Lectures can only be watched online – it is the only way that we can keep this website free of charge.
August 30, 2015 at 9:16 am
A great work by opentution.
Are the lecture on the site enough to pass the paper ?
August 30, 2015 at 9:19 am
Yes – provided that you use them with the free lecture notes, and that you also attempt our online mock exam (the questions are selected at random from a bank of questions, so every time you attempt it you are likely to get different questions).
It would be good to buy a Revision Kit from one of the ACCA approved publishers because they contain lots of exam-standard questions to practice, and practice is vital.
December 10, 2014 at 3:37 pm
sir plz explain how to ansr of this qs. and this Qs is of which topic.
ABC co has a manufacturing capacity of 10000 units. the flexed producion cost budget of the company is as follows.
capacity 60% 100%
total production cost $ 11280 $ 15120
December 10, 2014 at 7:12 pm
This is a question on high-low. You can find the lecture on this in ‘quantitative techniques for budgeting’. If you have any problem with it then ask in the F2 Ask the Tutor Forums.
February 16, 2015 at 8:55 pm
is it v.cost =5760 & F.cost =5520..?
February 17, 2015 at 8:17 am
No – the fixed cost is $5520, but the variable cost is $0.96 per unit
February 17, 2015 at 8:41 am
Yeah per unit it’s 0.96 but I calculated the total variable cost..
BELLO OLAIDE TITUS says
November 2, 2014 at 6:20 am
I want to thank the providers of this platform for making studying easy for me.
July 1, 2014 at 1:56 pm
where is chapter forecasting ? its in my bpp book :s
July 1, 2014 at 2:07 pm
We don’t design our lecture notes round the BPP book – we design them round the syllabus 🙂
The examiner calls it ‘statistical techniques’ in the syllabus, and they are all covered in Chapters 17, 18 and 19 of our Course Notes.
April 16, 2014 at 9:33 pm
Suppose the examiner only states two of the out of the four listed as one of the answer and then all the above… Which one would be best the choose?
April 9, 2014 at 8:54 pm
Can i gets some Key Exam point to remember and pitfall to avoid when preparing a budget
April 10, 2014 at 9:43 am
Everything in the lecture and the notes is important for the exam.
October 22, 2013 at 10:12 pm
Greeting Teacher. please tell me the most important chapters to read as i dont have much time to go through whole book.
October 23, 2013 at 6:03 am
I am afraid that you will have to go through the whole book!
There will be 50 questions in the exam and they will cover the whole syllabus.
October 24, 2013 at 12:31 am
if i go through the online notes thoroughly instead of text book?
October 24, 2013 at 5:57 am
That’s fine, provided that you get a revision/exam kit from one of the approved publishers and practice all the questions.
October 24, 2013 at 1:57 pm
Thanks a million. Open Tuition is above and beyond everything. I passed my FAB scoring 78% and FFA 70%. i have my FMA cbe in two days. Fingers crossed.
October 29, 2013 at 11:24 am
I passed my FMA exam too. i got 58%. ThankYou very Much.
October 29, 2013 at 11:50 am
Thats great – congratulations 🙂
March 22, 2014 at 5:21 am
Please help me with Production budgeting. If budgeted sales (aka Sales requirements derived from market demand) equals 4000 units; Opening Inventories equal 950; Closing inventories equal 1000. Why is the Production requirement = Sales requirement + Increase in finished goods inventory? (Calculating to 4050 = 4000 + 50 where 4050 is the Production requirement) I don’t understand how production requirement relates to opne and closing inventories
March 22, 2014 at 5:39 am
But where do you think that the inventories come from? We have to produce them.
If we did not keep inventories then we would need to produce 4000. Here we do keep inventory and we want to increase it by 50 and so we need to produce an additional 50.
March 22, 2014 at 7:22 am
I understand that we need to produce them. I don’t understand why we use closing and opening inventories’ difference as the amount we want to increase/decrease it with. Why not use a % of previous sales for example?
March 22, 2014 at 8:57 am
There are no rules as to how a company decides on the level of inventory that it wants – there are many factors that they might consider. They might look at past demand, although more sensibly they would look at expected future demand. In exams you cannot be expected to decide yourself – you will be told how they intend to change the inventory and you follow the instructions.
August 24, 2013 at 12:13 pm
April 24, 2013 at 10:23 am
this is grt……..thnk you so much OT !!!!!
February 4, 2013 at 10:13 am
Can somebody PLEASE tell me what is the examiner going to ask about cash, master, and flexed budgets?? I’m TOOOO tensed about this area!!! PLEASE somebody tell me!!!!!!
May 8, 2013 at 6:57 pm
He can just check that you know what they are.
October 11, 2012 at 2:56 pm
OMG!!!i have been so low on finance to enroll with a class so that i can get some hands on tutoring……….i was afraid that i would not be able to pass using only my textbook ..then God gave me the ultimate gift(OT) and my my my..it is doing wonders…..OT MAKES THE DEAF HEAR; THE BLIND SEE AND THE DOPE SMART…LOL. thx OT!!!sorry for the long post!!!
December 8, 2012 at 7:45 pm
@accakeisha, same was the case with me..
OT you really do wonders..
October 5, 2012 at 5:57 pm
Very good explanation on type of budgets
July 5, 2012 at 3:15 am
use a different web browser!
M. Osman Kamran says
June 23, 2012 at 7:26 am
June 16, 2012 at 4:36 pm
May 12, 2012 at 12:14 pm
am having problems listening to the lectures,only the first two chapters are clear.the others only display the videos without sound.please advise me on what to do?
May 12, 2012 at 12:29 pm
April 18, 2012 at 6:35 am
the video stop half way~ can someone pls do something on it?
April 18, 2012 at 7:38 am
You can do it, press play again
April 13, 2012 at 3:57 am
April 8, 2012 at 9:00 am
why does the video stops?
April 8, 2012 at 2:35 pm
Your Internet connection may be slow
March 26, 2012 at 7:13 pm
March 5, 2012 at 7:56 pm
January 18, 2012 at 5:58 pm
December 6, 2011 at 3:29 pm
Good and important chapter of BUDGET.
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