OpenTuition.com Free Accountancy Education » All Posts http://opentuition.com/forum/ask-the-tutor-acca-f4-exams/feed Sun, 19 May 2013 20:53:21 +0000 http://bbpress.org/?v=2.3.2 en-US http://opentuition.com/topic/global-variant/#post-125736 <![CDATA[Reply To: global variant]]> http://opentuition.com/topic/global-variant/#post-125736 Thu, 16 May 2013 21:26:08 +0000 MikeLittle No that should be fine – just make sure you know about the Bribery Act and Treasury Shares – both topics are covered in the OT course notes

]]> http://opentuition.com/topic/global-variant/#post-125703 <![CDATA[Reply To: global variant]]> http://opentuition.com/topic/global-variant/#post-125703 Thu, 16 May 2013 18:54:15 +0000 sugi1985 thanks again for the reply – i dont want to look at a text as how much can you really write in 3 hours so from that point of view the course notes are pretty effective – so my strategy is to learn the 10 points and expand on them to make it look like I know alot more than I really do!

i got hold of of a 2011 uk variant kaplan text – can this be used for the common topics that appear in both the uk and global variants ( should I need some sort of reference ) or is it outdated?

]]> http://opentuition.com/topic/shareholders/#post-125702 <![CDATA[Reply To: shareholders]]> http://opentuition.com/topic/shareholders/#post-125702 Thu, 16 May 2013 18:31:24 +0000 aishaasad Thank you so much

]]> http://opentuition.com/topic/shareholders/#post-125684 <![CDATA[Reply To: shareholders]]> http://opentuition.com/topic/shareholders/#post-125684 Thu, 16 May 2013 15:20:26 +0000 MikeLittle Again, it’s too general a question! As I said originally, I don’t have to declare my holding in, say, BP when I also hold shares in, say, Shell.

If your question is about directors and their investments then, yes, they should disclose to the full board ( not a sub-committee ) and exclude themselves from any discussions which could be seen as giving a conflict of interest. NB, it is a statutory duty of directors in the UK to avoid conflict of interest situations

But an ordinary shareholder like me? No, not at all

]]> http://opentuition.com/topic/shareholders/#post-125675 <![CDATA[Reply To: shareholders]]> http://opentuition.com/topic/shareholders/#post-125675 Thu, 16 May 2013 14:29:34 +0000 aishaasad ok i want to ask whether a same person can be a sareholder in two companies simultaneously without disclosing about his shareholding to the opposite company ?Wouldn’ t that give rise to conflict of interest or something like insider dealing ? as he possesses certain rights to be involved in the company matters and thus hold confidential / insider information from an inside source . Hope now i made it more clear to be understood :-)

]]> http://opentuition.com/topic/shareholders/#post-125650 <![CDATA[Reply To: shareholders]]> http://opentuition.com/topic/shareholders/#post-125650 Thu, 16 May 2013 10:10:45 +0000 MikeLittle Not sure I understand the question but I have shares in two companies and I doubt very much that either of them knows about my other investment. they could find out by looking in the register of members – but, to be totally thorough, they would have to look in EVERY register of members – about 1,000,000 of them

]]> http://opentuition.com/topic/ceo-and-restriction-by-the-articles/#post-125649 <![CDATA[Reply To: CEO and restriction by the articles]]> http://opentuition.com/topic/ceo-and-restriction-by-the-articles/#post-125649 Thu, 16 May 2013 10:08:28 +0000 MikeLittle Correct! “In any transaction with a third party acting in good faith, it shall be deemed to be within the powers of that director” and “No provision within the constitution shall be taken to be limiting the powers of a director to bind the company”

]]> http://opentuition.com/topic/golden-rule/#post-125615 <![CDATA[Reply To: Golden rule]]> http://opentuition.com/topic/golden-rule/#post-125615 Thu, 16 May 2013 01:08:31 +0000 aishaasad ok thank you :-)

]]> http://opentuition.com/topic/shareholders/#post-125614 <![CDATA[shareholders]]> http://opentuition.com/topic/shareholders/#post-125614 Thu, 16 May 2013 00:57:38 +0000 aishaasad Hi Sir,
I want to ask can a person be a shareholder in two companies simultaneously without giving without being in the knowledge of the opposite company?
this is really a dump question but it came to my mind suddenly so I wanna clear this up :-(

]]> http://opentuition.com/topic/ceo-and-restriction-by-the-articles/#post-125610 <![CDATA[Reply To: CEO and restriction by the articles]]> http://opentuition.com/topic/ceo-and-restriction-by-the-articles/#post-125610 Wed, 15 May 2013 21:15:11 +0000 Katerina Thank you.

So there is no way for owners to limit directors’ actions like to limit borrowing funds?

]]> http://opentuition.com/topic/golden-rule/#post-125531 <![CDATA[Reply To: Golden rule]]> http://opentuition.com/topic/golden-rule/#post-125531 Wed, 15 May 2013 10:08:52 +0000 MikeLittle It’s not the wide number of meanings which was the issue.

the Intestate Estates Act specified that, where parents die intestate ( without leaving a will ) then the estate should pass to the next of kin – in this case, the son.

But that would result in an absurd situation where, by murdering your parents, you would inherit their wealth and it’s wrong that you should benefit from an illegal act

]]> http://opentuition.com/topic/global-variant/#post-125530 <![CDATA[Reply To: global variant]]> http://opentuition.com/topic/global-variant/#post-125530 Wed, 15 May 2013 10:06:34 +0000 MikeLittle When I wrote the notes, I tried to restrict each page to 10 bullet points.

I was not always successful but most pages are there or there abouts.

The intention was to make it easier for students to remember 10 basic points about each topic. The notes are NOT comprehensive – for that you need to look at a study text. But I hope that in their present format they pretty effectively achieve the objective

]]> http://opentuition.com/topic/expres-terms/#post-125528 <![CDATA[Reply To: expres terms]]> http://opentuition.com/topic/expres-terms/#post-125528 Wed, 15 May 2013 10:03:44 +0000 MikeLittle It’s not always necessary to get into the very basic detail of terms and conditions when you’re ordering goods / accepting offers

]]> http://opentuition.com/topic/golden-rule/#post-125503 <![CDATA[Golden rule]]> http://opentuition.com/topic/golden-rule/#post-125503 Wed, 15 May 2013 02:04:08 +0000 aishaasad Hello Sir,
I want to ask what was the decision passed by judge in the case of Re Sigsworh does that mean the son did not carry the right to heir as the word heir had wide meanings.
Many thanks

]]> http://opentuition.com/topic/global-variant/#post-125490 <![CDATA[Reply To: global variant]]> http://opentuition.com/topic/global-variant/#post-125490 Tue, 14 May 2013 19:43:53 +0000 sugi1985 i previously sat for the uk variant and found all the contract stuff too tedious which is why i switched to global – this seems to be less tedious and also has interesting stuff to learn but I was unable to get hold of a text and revision kit for the global variant which is why i am heavily reliant on the open tuition course notes and past paperss

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