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Am I the only one that doesn’t see where the value is in studying for an Msc in accounting when you will be ACCA qualified?

It seems like a good money maker for the qualification providers and a good option for those that want to achieve some sort of Msc status.

What it does seem like to me is that the ACCA is trying to bring the professional qualification (ACCA) and academic qualification of accounting closer together.

We have a Bsc from Oxford Brookes and now an Msc from UOL could Phd in accounting be next?

Your thoughts….

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I would recommend going along and sitting there and attempting the exam. That way you have a chance of passing, by not going you have no chance at all.

Also staying in the habit of sitting exams every 6 months (a habit easily broken) is important to exam success, just like going to the library everyday afterwork. Once it becomes a habit it becomes a lot easier to do.

So I hope that helps you to reach a decision.

Need2pass, (now fully qualified)

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@josy87 said:
hi pooja
does that means travel abroad for any reason and last 3 years are exempt for any reason?

Correct last 36 months are deemed occupied for ANY reason.

Note if the flat was let and the owner had never moved back in before selling then they would not be entitled to the last 36 months deemed occupation

note – the 36 months in the future will change to 18 months

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Correct there is no CGT on the eventual transfer of the asset from the individual that has died to those that are entitled to the estate. These assets will come under IHT

capital losses that have not or cannot be used (individual is dead) can then be carried back to offset against gains from previous periods.Taking the current year first and so on.

Any tax due in the death year will need to be paid by the estate, this very special carry back reduces the tax liability for the deceased individual.

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I don;t have access to the question BUT a friendly reminder that ONLY interest on a loan related to the purchase OR improvement of a property will be allowable against rental property income.

Property business losses cannot be offset against other income or other gains.

Also it may be more beneficial to claim rent a room relief £4,250 than to claim the interest assuming the individual has let a room in their residence.

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Thanks Opentuition we all really appreciate your efforts, free study material, free videos and a great forum where we can exchange knowledge and interact with tutors.

We are very lucky and very grateful.

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well done

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Good point MikeLittle – the chances that so many people get exactly 50% is so unrealistic and it certainly sounds plausible that the examiners are scrapping around to get us to the border.

BUT

On another note these exams are supposed to be hard, tough and challenging.

The ACCA/CIMA/ACA etc are respected qualifications.

At the end of the ACCA having become an affiliate I can honestly say it was an amazing experience and I learnt so much on the way (7 years of passing and failing)

The great thing about exams is that you can try again and again and each time you know a little more and have more experience…….you only need to pass once!

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Some good posts guys and quite a thorough breakdown by Shaz and Ella.

I can speak on behalf of P5 – the overall feel of the outcome of the P5 syllabus is more of a consultant mindset. E.g why things aren’t working in an organisation and what can be done to fix them.

Some examples
Culture – how the decision making is made and what type of behvaiour does the company encourage.

Setting targets and then evaluating why targets might not have been met OR how to meet those targets.

Evaluating the current setup of a company/performance measurement system.

A very good paper and very words based with minimal calculations. Which I took 3 times, it really strengthened my report writing and business evaluation. Something I will use for the result of my life.

In short P5 is more of an extension of P3, as P5 builds on the analysis of P3 and then you have to provide recommendations on how to rectify certain scenarios.

So overall I would recommend P5 to any aspiring accountant, although it’s not a walk in the park!

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When one has finished studying P4 what would they say the 3 main learning outcomes of module were?

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Good post shaz1984

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scoring 9 on P4 you might get an award

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I am selling P6 UK tax books,

BPP text book
Kaplan revision book

Both are FA2013 and you can use in December 2014 exam sitting.

Both books are in good condition with no markings on the pages.

Please note for anyone studying tax on December ONLY FA2013 will be examined not FA2012.

I can meet in central London

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Do they print it in the newspaper? I think ACA print something in the FT?

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Your examination results for the June 2014 session issued on 08-AUG-14 are:
Paper Details: P6 UK Adv. Tax.
Result: Pass
Mark: 63

7 years of studying I am now a ACCA member

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WOOOOHHHOOOO

Your examination results for the June 2014 session issued on 08-AUG-14 are:
Paper Details: P6 UK Adv. Tax.
Result: Pass
Mark: 63

I am a member after 7 years 🙂 🙂 : ):) 🙂

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p5 for me was really hard, BUT the knowledge is amazing and the skill of being able to analyse a business and identify KPI’s will stay with me for the rest of my life.

I failed one sitting BUT I am glad I took the exam over say P7 which is really a waste of time.

I haven’t sat P4

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Do you think results will come from email first or text message first, VOTE !!

I vote = text

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i recevied a text about 12.10, the email came through 5 hours later

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@shortt said:
@need to pass. To hell with work and months end….party whether u pass or fail. I havent even told my bosses that the results are out tomorrow. Hopefully i will be able to tell them Friday that i passed. 🙂

haha if only, either way I will take it on the chin if I fail, set off fireworks if I pass 🙂

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How do you guys think we will receive our results 1st.

Text or email?

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@ ”We will start to issue your June 2014 exam results by email and text at 00:00 UK time on 8 August 2014

I stand corrected, I had no idea why I thought they were coming out Friday/Saturday 9th 00:00. My only explanation is last sitting they came out on Friday/Saturday midnight.

Ahhh this means I can’t have a drink as I have to go to work next day. Or maybe if I pass I might not go in and spend the Friday partying lol.

But then it’s month end so that wouldn’t be a good idea with my boss lol

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I’m not sure where you get 24 hours from.

As of midnight 6th August Wednesday it will be 48 hours til results are releasedl

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All this means is this is the last time the report was updated 28th July etc. The new results have been uploaded as of the 30th July onwards.

Likewise if you checked the report on the 27th July it would have said 27th July.

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so we need a member to change password and confirm the IP address he receives the email from…

[Author]

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