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azamali

Profile picture of azamali
Active 8 months ago
  • Topics: 13
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Viewing 25 posts - 1 through 25 (of 33 total)
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  • July 12, 2021 at 4:35 pm #627545
    ecb8fba42af1830fd646a3ca07dfe0d280710831c653579c219188434dd47d67 80azamali
    Participant
    • Topics: 13
    • Replies: 33
    • ☆

    It wasn’t specifically in a question. It came up while we were in a group discussion and someone mentioned it.

    Any hints on this would be greatly appreciated.

    Thank you

    June 3, 2021 at 8:20 pm #622993
    ecb8fba42af1830fd646a3ca07dfe0d280710831c653579c219188434dd47d67 80azamali
    Participant
    • Topics: 13
    • Replies: 33
    • ☆

    Thank you so much. So am I right to say that if we frame the answer to include the most important points, but dont go overboard with the details, and keep it simple,that would be enough?

    March 2, 2021 at 6:16 am #612509
    ecb8fba42af1830fd646a3ca07dfe0d280710831c653579c219188434dd47d67 80azamali
    Participant
    • Topics: 13
    • Replies: 33
    • ☆

    When you finish the first 4 papers, You get a Diploma.
    The next step is when you finish the first 9 papers (meaning 5 more) and the Ethics module, You get the Advanced Diploma in Business and Accounting

    PS: I am not sure if you need to do the EPSM for the diploma, but i would assume you have to, just to be safe

    March 1, 2021 at 7:29 pm #612446
    ecb8fba42af1830fd646a3ca07dfe0d280710831c653579c219188434dd47d67 80azamali
    Participant
    • Topics: 13
    • Replies: 33
    • ☆

    Depends on what exam you have, If you have a paper based exam, Practice that, if you have a CBE, give preference to the computer. But make sure to be sure of the answer, the type of writing will not be an issue then

    October 25, 2018 at 7:05 pm #479809
    ecb8fba42af1830fd646a3ca07dfe0d280710831c653579c219188434dd47d67 80azamali
    Participant
    • Topics: 13
    • Replies: 33
    • ☆

    Hey there,

    As far as I know, you can take them any order. The important point being that SBL and SBR are essential and have no choice, while you have freedom across the remaining 4 papers.

    Good luck, IF you are still unsure, send an email to ACCA, Im sure they can help too

    October 25, 2018 at 6:55 pm #479808
    ecb8fba42af1830fd646a3ca07dfe0d280710831c653579c219188434dd47d67 80azamali
    Participant
    • Topics: 13
    • Replies: 33
    • ☆

    @mukaram123 said:
    I WANT TO TAKE F6(UK) PRACTICE TEST TOPIC WISE , WHERE I CAN GET THAT KINDLY HELP ME FOR THAT

    Hey There,

    It is unlikely you will find any practice tests that would’ve been updated to this FY, and since this syllabus usually gets updated yearly, you’re unlikely to find any sort of tests. Your best bet is to practice from a revision kit, which has topics divided. Make sure you use the kit of the current version, otherwise the rates and amounts will confuse you

    October 22, 2018 at 10:17 pm #479505
    ecb8fba42af1830fd646a3ca07dfe0d280710831c653579c219188434dd47d67 80azamali
    Participant
    • Topics: 13
    • Replies: 33
    • ☆

    Well that would depend upon how much time you can give. Both PM and TX are pretty much similar in terms of difficulty. But, if you look at it one by one, PM is bit more complicated because of the formulae and the calculation, But TX has more to learn and remember, the rules and dates to be precise. So I would say go for whichever you feel comfortable with or whichever you have already started. There is no wrong choice at this point.

    Good luck for your exam.

    October 18, 2018 at 7:04 pm #479126
    ecb8fba42af1830fd646a3ca07dfe0d280710831c653579c219188434dd47d67 80azamali
    Participant
    • Topics: 13
    • Replies: 33
    • ☆

    Hey, Hope youre doing well.

    I gave PM and TX in september together, It was really really tough managing both, And I started to prepare for both in MAY. I had 4 months of time, and still both were challenging. Each paper in its own way has a way to complicate things the more you go into them, so that is really hard to keep up with. Like the Moderator said, Go for only 1 paper. It is better to have more of a chance of passing one, rather than risking it and not going through on either one.

    All the best in whichever choice you make, But make sure you can give enough time to practise each and every question in the kits for both papers, that is crucial to have a good sitting

    October 15, 2018 at 5:31 pm #478584
    ecb8fba42af1830fd646a3ca07dfe0d280710831c653579c219188434dd47d67 80azamali
    Participant
    • Topics: 13
    • Replies: 33
    • ☆

    No, Actually you can attend upto 4 papers per CBE session. As you say you are new to ACCA, You may have the first 4 papers as ON-Demand CBE So you are not limited to give in december. So, check if your country has a centre that has on Demand exams

    October 11, 2018 at 11:13 am #477270
    ecb8fba42af1830fd646a3ca07dfe0d280710831c653579c219188434dd47d67 80azamali
    Participant
    • Topics: 13
    • Replies: 33
    • ☆

    Hey,

    If you are going for self study, I recommend going through The contents of all the variants you have available to you. Some variants are specific and are easily understandable to the people native to it. Now since we dont have an Indian variant to this exam, It is much simpler to go for the UK version, It is not very hard in my opinion.

    Then again, Each to their own, so I would Highly recommend checking the contents of the variants and finding which you think would be most suitable.

    Good Luck

    September 8, 2018 at 8:54 am #472293
    ecb8fba42af1830fd646a3ca07dfe0d280710831c653579c219188434dd47d67 80azamali
    Participant
    • Topics: 13
    • Replies: 33
    • ☆

    Either is good, Both are approved by ACCA and will contain mocks and all. I personally prefer BPP, the code they give with the book, gives access to their digital study site too. You can get 20% off bpp by the OT code too.

    At the end, its all down to what you want, neither is better over the other.

    Good luck

    September 7, 2018 at 1:10 pm #472064
    ecb8fba42af1830fd646a3ca07dfe0d280710831c653579c219188434dd47d67 80azamali
    Participant
    • Topics: 13
    • Replies: 33
    • ☆

    @criss07 said:

    @azamali
    Omg I seem to remember I got the same result as you! 🙂 thanks for the reply

    Its nice that atleast we got a common answer, lets just now hope that is the right one ?

    September 6, 2018 at 11:18 am #471814
    ecb8fba42af1830fd646a3ca07dfe0d280710831c653579c219188434dd47d67 80azamali
    Participant
    • Topics: 13
    • Replies: 33
    • ☆

    @criss07 said:
    Does anyone remember their result at part C variance exercise? For Mix and Yield with Alpha Beta Gamma

    Im not sure how right I am , But i got the usage variance to equal mix plus yield variance, which I hope is the better thing.

    The figures i got were
    Mix= 333 F
    Yield= 913 A
    usage 580 A

    September 4, 2018 at 7:09 pm #471404
    ecb8fba42af1830fd646a3ca07dfe0d280710831c653579c219188434dd47d67 80azamali
    Participant
    • Topics: 13
    • Replies: 33
    • ☆

    No worries, that question puzzled me too ealier.

    September 4, 2018 at 7:08 pm #471403
    ecb8fba42af1830fd646a3ca07dfe0d280710831c653579c219188434dd47d67 80azamali
    Participant
    • Topics: 13
    • Replies: 33
    • ☆

    The chargeable gain for such chattels is max gain calculated from gross proceeds, so yes we had to add the auctioner’s fees.

    Im not sure about the capital allowance either.

    The bonus is added on the earlier date of receipt or entitlement

    September 4, 2018 at 6:31 pm #471397
    ecb8fba42af1830fd646a3ca07dfe0d280710831c653579c219188434dd47d67 80azamali
    Participant
    • Topics: 13
    • Replies: 33
    • ☆

    The question asks us to find the labour cost per month, That can be found only if we know how many hours per month they have taken to produce the units.
    We take batches as 2,4,8 etc because the question only tells us about how many were produced in the individual month, and for us to know the hours using the learning curve, we need to accumulate them, as learning curve only applies when output doubles.
    When we do that we find average hours per batch. Then we add all the months to find the total hours worked, then we have to find how many hours were worked in each month to find the labour costs.

    You use incremental time when the question asks to find labour cost PER MONTH.

    I hope my words were clear enough, if you dont get it, tell me and i will try to explain better.

    September 4, 2018 at 5:57 pm #471383
    ecb8fba42af1830fd646a3ca07dfe0d280710831c653579c219188434dd47d67 80azamali
    Participant
    • Topics: 13
    • Replies: 33
    • ☆

    It is still the same pressure, so it Doesnt mean you cant get worried :), Good luck, Hope you pass with ease. 🙂

    September 4, 2018 at 5:28 pm #471374
    ecb8fba42af1830fd646a3ca07dfe0d280710831c653579c219188434dd47d67 80azamali
    Participant
    • Topics: 13
    • Replies: 33
    • ☆

    Brother, Im giving it too tomorrow 😀
    All I can say is, Dont focus on any one topic, They did clearly say that the entire syllabus is equally important, Although if you want to gain speed in the section C, try the past papers, and the Mocks in the revision kit. If you can get speed in the big marks, you will be under less pressure.

    Good luck for tomorrow 🙂

    September 4, 2018 at 4:43 pm #471360
    ecb8fba42af1830fd646a3ca07dfe0d280710831c653579c219188434dd47d67 80azamali
    Participant
    • Topics: 13
    • Replies: 33
    • ☆

    Kinda the same thing, only a little difference,

    Flexibile Budgets are made at different levels of output at the start of the year, to see the differences

    Flexed budgets are Adjusted to be level with ACTUAL output, to compare it.

    So basically, Flexed = Actual output

    Flexible = Different levels of output.

    September 4, 2018 at 7:51 am #471187
    ecb8fba42af1830fd646a3ca07dfe0d280710831c653579c219188434dd47d67 80azamali
    Participant
    • Topics: 13
    • Replies: 33
    • ☆

    Hey, I didnt check the question, but from what I know, The Production overheards may be a Semi-variable cost. If they seem to be increasing by only a small amount compared to the initial value given. Which is why we use the high-low method to determine the variable price/unit and the fixed costs.

    September 3, 2018 at 4:41 pm #471012
    ecb8fba42af1830fd646a3ca07dfe0d280710831c653579c219188434dd47d67 80azamali
    Participant
    • Topics: 13
    • Replies: 33
    • ☆

    IF you cant access the specimen, Try using the past papers, since these dont change every year, they will still be useful.

    September 1, 2018 at 3:19 pm #470663
    ecb8fba42af1830fd646a3ca07dfe0d280710831c653579c219188434dd47d67 80azamali
    Participant
    • Topics: 13
    • Replies: 33
    • ☆

    When she had the income of 99,000, she could deduct all of her personal allowance of 11500, which inturn saved her from that amount being taxed at the higher rate.

    Now because her Net income is 124,000 ( which reduces the personal allowances to NIL) the amount which was previously taxed at nothing, now has to be taxed at the higher rate.

    Hope you understand.

    September 1, 2018 at 10:09 am #470605
    ecb8fba42af1830fd646a3ca07dfe0d280710831c653579c219188434dd47d67 80azamali
    Participant
    • Topics: 13
    • Replies: 33
    • ☆

    Thanks alot sir, you are right, I did get confused on which amounts would pe payable a PoA in the following year, I misunderstood the rule and thought the payments would be on expected profits of current year, rather than actual profits of last year. Its all clear now, Thanks again.

    August 30, 2018 at 6:32 pm #470210
    ecb8fba42af1830fd646a3ca07dfe0d280710831c653579c219188434dd47d67 80azamali
    Participant
    • Topics: 13
    • Replies: 33
    • ☆

    The main difference is the change in values of tax
    For example;
    1) personal allowance is 11500
    2) Corporation tax is 19%
    3) Rate bands are upto 33500
    4) Change of % in the fuel benefit

    and a few more, so may have to be very careful while using older books.

    August 30, 2018 at 6:29 pm #470209
    ecb8fba42af1830fd646a3ca07dfe0d280710831c653579c219188434dd47d67 80azamali
    Participant
    • Topics: 13
    • Replies: 33
    • ☆

    The section C will be a spreadsheet or word page, you may have type words or perform calculations as required.

    The section is expert marked, the rest of the Exam is auto -corrected, but these answers are manually checked, so you wont get the result instantly. The result is on the 15th of october.

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