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ALHAMDOLILLAH I have Passed both P4 & P7 & I am An ACCA Affiliate now.Have Got 55 in P4 & 60 in P7.
ALLAH Tera LAAKH LAAKH SHUKAR Hai.
I will like to join you guys,
My Email Add is ahsan1379@gmail.com
We Should make a strategy and schedule to make sure that we pass this Paper in June Attempt .
Regards,
AhsanI have received the notes,
Thanks Hamdy & I have sent the mentioned notes 2 U alreadyI am also interested , Can U pls Send me Copy of these at
ahsan1379@gmail.comDear Hamdy,
Pls Count me in as well,
My email add is
ahsan1379@gmail.com,
I have sent u this msg before Eid as well.
& Can u pls send me the Soft Copies of all the material that U have already sent 2 the Other Members ?
I have Some Material Which I will Share With U , when U will send me a mail.
Regards,
AhsanYes, I am interested,
I am Gonna Attempt P2,P4 & P7.
& I will be doing Self Study.
My Email Id is
ahsan1379@gmail.com,an Contact me & we Can Do Some Study 2gether.
Regards,
Ahsan
U cCount Me In,
My E-mail ID is as under,
ahsan1379@gmail.comCount Me In …………..
My email add is ahsan1379@gmail.comDear Hamdy,
Pls Add me 2 ur group mailing list .
ahsan1379@gmail.com
& can u please forward me the soft copies of the study material, U have for P4 ?
I am doing P2, P4 & P7 my last three papers left.
I hope, i will be able 2 pass these in first attempt.
By the way , how much is this paper relevent 2 F9
& other Cost accounting paper ?
I think U will not be able 2 mail me before Eid.
Have U tried Expgroup notes ?
I have used them for previouse papers & they are really helpfull.Eid Mubarik 2 u in advance,
Kind Regards,
AhsanI Am Gonna Syudy On My Own As well,
So, Yes I am Interested.
What Do U Think which Book & Revision Kit We should Use BPP Or FTC ?
Is this Ur 1st Attempt ?
RegardsI GOT EXATCTLY 50.
I JUST MANAGED 2 ATTEMPT 3 QUESTIONS ……….
I WAS NOT SURE , THAT I WILL BE ABLE 2 PASS.
THANKS 2 ALMIGHTY ALLAHI GOT EXATCTLY 50.
I JUST MANAGED 2 ATTEMPT 3 QUESTIONS ……….
I WAS NOT SURE , THAT I WILL BE ABLE 2 PASS.
THANKS 2 ALMIGHTY ALLAHunfortunately yes……….
pls go 2 theexpgroup site & get free f7 notes.
these are quite short & I hope will be of great help 4 u.its just a matter of few more hours,
sleep 4 a little while & then wake up again 2 revise.
dont take any pressure.
do ur level best & leave thre rest with ALMIGHTY ALLAH……………………
best of luck with ur paper…………HI,
I THINK ITS A BIT LATE NOW , ANYHOW I WILL TRY 2 EXPLAIN THIS,
THE IMPORTANT THING 2 CONSIDER HERE IS THE NOMINAL VALUE OF PARENTSS SHARE.
NORMALLY EACH SHAARE IS WORTH $ 1 BUT SOMETIMES ITS 25 CENTS & SOMETIMES 50 CENTS, YOU WILL HAVE 2 CHECK IT IN THE DRAFT STATEMENT OF FINANCIAL POSITION GIVEN.
APART FROM THAT PARENTS SHARE PRICE AT THE DATE OF ACQUISATION WILL ALSO BE GIVEN.
SAY ITS $4.50 WHILE THE NOMINAL VALUE OF PARENTS SHARES IS $1.
THEN EEVEERY ONE DOLLAR WILL INCREASE TH SHARE CAPITAL & REMAINING $ 3.5 WILL INCREASE THE SHARE PREMIUM OF THE PARENT.
IN YOUR EXAMPLE THE CONSIDERATION GIVEN BY ABC IS $1.6*75m = 120 m.
$ 1 * 75 m = 75 m WILL GO TO THE SHARE CAPITAL &
THE REMAININ $0.6 * 75 m = 45 WILL GO TO THE SHARE PREMIUM.
I HAVE ASSUMED THAT THE NOMINAL VALUE OF ABC SHARE IS $ 1.
I HOPE IT WILL BE HELPFULL 4 U.
REGARDS,BPP JUNE 2010 TIPS
Paper F7* Q1 (25 marks). Consolidated statement of comprehensive income (P&L) and/or statement of financial position (balance sheet) with one subsidiary plus associate (including adjustments for fair values, unrealised profit, intragroup trading, goods/cash in transit, other syllabus area). Discursive part (b) on reasons for adjusting for unrealised profit or other group topic.
* Q2 (25 marks). Accounts restatement/preparation with adjustments e.g. depreciation, current/deferred tax, inventory (stock) valuation, leases, substance over form issues, financial instruments (change in FV or amortised cost), revaluations, share issues or government grants. May include EPS calculation or movement in share capital and reserves.
* Q3 (25 marks). Interpretation and/or statement of cash flows, perhaps with written part on not-for-profit entities. Interpretation may focus on limited ratios and their interpretation (e.g. liquidity). Sections of a statement of cash flows (rather than whole statement) may be tested.
* Q4 & Q5 (15 & 10 marks). One question in context of conceptual framework; other containing one or two discrete topics. Possibilities: regulatory framework, inflation, government grants, deferred tax, substance over form issues, leases, intangible assets, impairment or construction contracts.
