P1 Chapter 4 part a Board committees

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  1. Page 37 – An easier mnemonic would be S.P.A.M.S.O.A.P instead of O.A.P.S.P.A.S.M (just a suggestion)
    Excellent lectures, keep up the good job ;)

    • Hmm, but an “OAP” in England is an Old Age Pensioner and the image of a pensioner having a spasm is possibly easier to envisage than a bar of soap under a slab of processed reconstituted meat from America!

  2. I am not able to play the P1 lecture on my galaxy tab, is it compatible or not?

  3. who is this guy? he is an absolute hero

  4. Internal Controls –Categorisation mnemonic can be rearranged into …

    SOAP MAPS

  5. Feels good to have a tutor who actually interacts with students and tries to find time to go around forums to answer their questions. Not to be an ingrate over the benevolence behind such an important, yet free site, but sometimes questions just go unanswered and as there is no (not sure) kind of feed/reminder/notifier, you never know the year your question gets answered or your worry cleared. This could be fixed, I believe. My only problem with Mike is he has so much experience/knowledge in this that he sometimes over-assumes and forgets to explain the basics or go slowly with calculations …or make connections with past/other topics to re-enlighten the student who is trying to put in so much stuff back-to-back, and often without much exam experience. If you listen to F6 lectures, you see that the tutor teaches as to babies, and I think that’s very effective. He starts with reviews of what has been covered, if possible, and tries to make summaries and resumes of the whole connection using a minute or two. Otherwise, with all the fun, tips and mnemonics etc, Mike’s an excellent (A+) teacher and for that, I can only say thanks!

    • @crye, Wow – there’s an in depth analysis! In my defence, I have to say that tax is a one-off with no connecting paper neither before nor after it ( unless you choose P6 which no-one in my part of the World does )

      In addition, I am constrained by time availability – just four and a half days to get through each paper. Not really got time for extended revision :-(

      • @MikeLittle, Well understood, sir. I wish as many of us as possible could read this and learn that all these lectures didn’t take up to a week to give! Thank you so much for everything; we’d be paying fortunes for all this if we hadn’t O.T!

    • @crye, …. Wow, there’s now a reply alert enhanced! Got one right in my inbox!! … so I … take back that part of my comment?…. and say BRAVO, to O.T!

      • @crye, I have no idea what a reply alert is but you are welcome to your opinions and feel free to make whatever comments you want. I will take on board what you said about quick revision but, frankly, I thought I already did that. Certainly I do for topics like consolidations and for paper P7 we have to revise the ACCOUNTING standards

        • @MikeLittle, Sir, by ‘reply alert’, I just meant the feature which makes it possible for users to get notified by email when their comments/posts on OT get responses/replies. For example, it was from my inbox I knew someone (you) had replied in this thread.
          Elsewhere, I’m really grateful and humbled you gave my worry a thought. May God bless uplift you!

  6. The mushroom diagram looks like a banana with feet

  7. Hello Mike. Loving your lectures on F7, P2 and now P1. What a fantastic contribution you are making to the world. Are you compensating for all those misdeeds in the past ? ;) It is certainly more interesting with your colourful examples! :)

  8. Waoh! So only his lectures can garantie me a pass?

  9. I am unable to view lecture with my blackberry can I get assistant with

  10. great lecture! Mike Little is good you helped me throe P2 in the bag hoping the same will happen with this one.Keep it up

  11. Mr Mike ur a legend….its not easy to make this paper interesting and thats what u did…
    thx for it

  12. Mr Mike is a great lecturer. He really explains the topics and uses a lot of examples for further clarification. If I forget the answer, i quickly remember the example,then start making points from the example and I then built on the points. I usually get the answer right. Thanks Mr Mike.

  13. This old man is a Funny Guy

  14. Ignorance is bliss>>>> Speak on Governance, Risk and Ethics

  15. I need to download these audio files for future use

    help

  16. Great lecture! Clear and precise, thanks!

  17. Mushroom structure anyone?

    Mike is getting very comfortable with the class.

    Lecture is great, thanks for that.

    P.S. the video is still not fixed properly.

  18. I like the lecture, except the comment on the bible.

  19. ‘papa moss’ can also be used as mnemonic for internal controls.
    Lecture is great. Thanks Mr Mike.

  20. I am unable to view the videos of Paper P1. Earlier it was used to work but now it is not working.

    Can you assist me how will I view the videos.

    Many thanks for you assistance in advance

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