OpenTuition.com Free Accountancy Education » All Posts http://opentuition.com/forum/ask-the-tutor-acca-p1-exams/feed Tue, 21 May 2013 12:41:15 +0000 http://bbpress.org/?v=2.3.2 en-US http://opentuition.com/topic/revision-time-for-p1/#post-125384 <![CDATA[Reply To: Revision time for p1]]> http://opentuition.com/topic/revision-time-for-p1/#post-125384 Mon, 13 May 2013 20:22:55 +0000 MikeLittle The revision kit contains many of the past exam questions so it should be more than sufficient for you to download from the ACCA website ( or even from this site! ) the past papers questions and answers

]]> http://opentuition.com/topic/revision-time-for-p1/#post-125375 <![CDATA[Reply To: Revision time for p1]]> http://opentuition.com/topic/revision-time-for-p1/#post-125375 Mon, 13 May 2013 18:44:17 +0000 lindsayannemurdoch i do not have revision kit, i have read text twice and made notes. do you think reaading the open tution notes and working through the past papers will be ok, or should i order a revision kit?

]]> http://opentuition.com/topic/cross-directorship/#post-125340 <![CDATA[Reply To: Cross directorship]]> http://opentuition.com/topic/cross-directorship/#post-125340 Mon, 13 May 2013 14:44:47 +0000 MikeLittle Hi

If you imagine two people who jointly own 2 companies, then you could claim that that represents 21 set of cross directorships.

The real problem arises when an executive of one company becomes a ned in another and an executive in another becomes a ned in the first.

That is not allowed by cgc guidance

]]> http://opentuition.com/topic/cross-directorship/#post-125231 <![CDATA[Cross directorship]]> http://opentuition.com/topic/cross-directorship/#post-125231 Sun, 12 May 2013 09:56:09 +0000 ammadey21 Is cross directorship allowed in corporate governance or is it totally banned?

]]> http://opentuition.com/topic/revising-p1/#post-125165 <![CDATA[Reply To: Revising P1]]> http://opentuition.com/topic/revising-p1/#post-125165 Sat, 11 May 2013 09:01:58 +0000 atab Ok, thank you so much for your help :)

]]> http://opentuition.com/topic/revising-p1/#post-125162 <![CDATA[Reply To: Revising P1]]> http://opentuition.com/topic/revising-p1/#post-125162 Sat, 11 May 2013 08:22:20 +0000 MikeLittle Time to start into the revision kit. Plan bullet points and then check against the printed solution. Pay no attention to the lengths of the printed solutions – but try to ensure that, if it’s a 15 mark question, you have 15 separate markable points.

If you find that you’re not getting anything like the,say, 15 points, go back to the revision kit and just read through the questions and answers as though you were reading a novel.

Then try the planning exercise again.

As for F6 and F8 …. that’s your choice. I know very little about F6 and I personally believe that F8 is substantially a matter of the application of common sense.

But your approach to three exams is really a matter for you to determine

]]> http://opentuition.com/topic/revising-p1/#post-125111 <![CDATA[Revising P1]]> http://opentuition.com/topic/revising-p1/#post-125111 Fri, 10 May 2013 18:39:37 +0000 atab Hi,

I am sitting for 3 exams in June which are F6, F8 and P1. At the moment I am focusing all my revision on F6 and F8 seeing as they are on the 4th and 6th June and P1 isn’t till the 12th June. Also I am limited for time as I work full time and have to study in the evenings after work. How should I go about revising P1? Should I focus on the other two and then do P1 after 6th June for a week till the exam or is that a bad idea? I have gone through and re-written my notes for P1 but I have not worked questions.

Thanks!

]]> http://opentuition.com/topic/p1-tips-q3/#post-125110 <![CDATA[Reply To: P1 tips q3]]> http://opentuition.com/topic/p1-tips-q3/#post-125110 Fri, 10 May 2013 18:26:21 +0000 MikeLittle It’s a commentary by management about the past, present and future prospects of the company and it’s growing in fashion. There’s also official moves being made to require such a commentary in a set of company’s accounts

]]> http://opentuition.com/topic/p1-tips-q3/#post-125074 <![CDATA[P1 tips q3]]> http://opentuition.com/topic/p1-tips-q3/#post-125074 Fri, 10 May 2013 14:54:02 +0000 hasanali95 Pls explain me what a management commentary is?

]]> http://opentuition.com/topic/tara/#post-124845 <![CDATA[Reply To: TARA]]> http://opentuition.com/topic/tara/#post-124845 Wed, 08 May 2013 05:46:47 +0000 MikeLittle Four ways of managing risk – transfer ( insure ) avoid ( don’t do the project ) reduce ( only do certain parts – the less risky parts ) and accept ( some risks – residual risks – are such that there is no effective way of managing them – so you have to accept them if you wish to move forward )

]]> http://opentuition.com/topic/tara/#post-124841 <![CDATA[TARA]]> http://opentuition.com/topic/tara/#post-124841 Wed, 08 May 2013 04:56:25 +0000 ellyza what is tara? I am confused

]]> http://opentuition.com/topic/bullet-points/#post-124663 <![CDATA[Reply To: Bullet Points]]> http://opentuition.com/topic/bullet-points/#post-124663 Sun, 05 May 2013 19:39:07 +0000 MikeLittle Not really! If a question asks “explain” or “describe” or “evaluate” or …. effectively any of the question requirements!

The exception ( and I have never seen this in a question requirement ) would be “Answer this question using bullet points”

Why not plan your answer using bullet points – that’s what I impress upon my students and then, when you have enough or your time for planning has run out, use those bullet points in your plan to write proper, relevant, markable sentences

]]> http://opentuition.com/topic/bullet-points/#post-124527 <![CDATA[Bullet Points]]> http://opentuition.com/topic/bullet-points/#post-124527 Sat, 04 May 2013 15:04:32 +0000 ahmed555 If I was to write answers in the exams with bullet points will it be fine? I’m asking this because I seem to be able to give better answers this way.

Thank you

]]> http://opentuition.com/topic/p1-real-life-examples/#post-124516 <![CDATA[Reply To: P1 REAL LIFE EXAMPLES]]> http://opentuition.com/topic/p1-real-life-examples/#post-124516 Sat, 04 May 2013 12:52:12 +0000 MikeLittle Certainly will – but why use Enron from all those years ago? If you listen to the BBC World news, there are corruption stories and lack of transparency stories, breaches of ethical codes etc on a daily basis.

It’s a rare day when there is nothing on the BBC news which has some relevance to P1

]]> http://opentuition.com/topic/p1-real-life-examples/#post-124507 <![CDATA[P1 REAL LIFE EXAMPLES]]> http://opentuition.com/topic/p1-real-life-examples/#post-124507 Sat, 04 May 2013 10:05:44 +0000 abdullahzafar can i use governance scandals or real life examples like enron in exam
is it will give good impression to examiner?

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