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Good morning Kayzah,
Sorry to say that I do not have a response to the issue you raised.
I have finished ACCA. I live and work in Cote d’Ivoire. To be registered and practice, I need to obtain le Diplôme d’expertise comptable (DEC). Cote d’Ivoire is a francophone country.
Do you have information on how an ACCA holder can make this transition.
Merci de bien vouloir me venir en aide !
When I finished my F levels, I made out time to do the BSc before even going to the P levels.
It is advised to enrol for the degree especially if you do not have a first degree or your first degree is not in accounting.
I took it because the BSc I had before my ACCA journey was in Political Science.
Now I am an affiliate working towards membership. At the same time, I have just enrolled for the MSc Professional Accountancy with the University of London.
I intend to pursue a PhD in Finance thereafter.
I got this reply from the University of London when I made a similar enquiry:
“Thank you for your enquiry.
The marks you receive for your ACCA papers will not count towards the mark you receive for the MSc Professional Accountancy.
You will be assessed by coursework and a project for each module. The final mark from each module will be used to generate your final mark and classification for the MSc. Please see the link below for information on how each assignment is weighted for each module.
https://www.londoninternational.ac.uk/sites/default/files/module-assessment-weightings.pdf
The following mark scheme is used for the MSc:
Mark range Outcome
70% and over – Distinction
60% – 69% – Merit
50% – 59% – Pass
0% – 49% – Fail– To calculate the final grade for the award the marks for the University of London modules are weighted equally.
– To be granted the award with Merit your mean average mark for the two University of London modules must be between 60% and 69%.
– To be granted the award with Distinction your mean average mark for the two University of London modules must be 70% or above.
Weighting of the assessments
– The overall mark for Global issues for the finance professional [PAM100] is calculated by weighting the marks achieved for coursework item 1, coursework item 2 and the project item in a ratio of 25:25.50.
– The overall mark for Strategic financial project [PAM006] is calculated by weighting the marks achieved for the coursework item and the project item in a ratio of 30:70.
Please see the link below for further details regarding assessment for the MSc Professional Accountancy.
I hope this information is helpful, if you have any further queries, please do not hesitate to get back in touch.
Yours Sincerely
Jane WadeCongrats Dewan. I am not surprised at your score in view of the depth of questions you posted from which I also benefitted immensely.
I scored a modest 56. I am now an affiliate. Great thanks to the Opentuition team. I owe my success to Opentuition
“they just simply cannot compete with your level of clarity on all issues.”
I concur!
You have nothing to worry about. Next time, do not forget. Lol
Your paper will be marked. I once forgot to tick the question numbers that I attempted on the front page. I was worried. I wrote ACCA, I was told not to bother about it.
My paper was marked. And above all I passed very well. Made 68. Lol.
They will mark your paper and you will pass!
Good day Farooque,
You need to make a distinction between when a company is buying the foreign currency (paying a creditor abroad in forex) and when he is selling a foreign currency (receiving forex from a debtor abroad.
The choice of the bid or offer rate depends on whether the company is buying or selling the base currency. In this quote $/£, pounds is the base currency.
John Moffat has done excellent lectures on how to know what rate to use in the beginning lecture videos of F9 and P4. Do well to go back to them now.
You cannot achieve much with forwards, futures, options and swaps if you do not master this basic issue.
Regards,
What a relief!
This question nearly gave me heart attack last night. I spent hours on end trying to make sense out of the logic without success.
I came to the forum to vent my frustration only to see these explanations.
Delaidesvp and Dewan, Thank you for extracting this lucid explanation from Prof after bombarding him relentlessly with questions.
Prof. John Moffat, Thank you very much for always being there for us.
Failed with 43. Not a bad first attempt with a month of preparation. December will be a walk over.
Congrats to all who passed!
Thank you all for the responses. My body temperature has normalised. Let us hope for the best.
How many marks were allocated to question 1c? Who remembers? Just discovered I skipped it.
Thank you for the reassurance. It gives one confidence. I need to download the latest notes then.
Thank you once again.
Passed 50 on the spot. My hands are still shaking. First attempt. Only P4 left. To God be the glory.
Thank you open tuition team!
“Any tips from those who passed, on best way they found to study for the exam?
Will be attempting it for the 3rd time in March”
I believe you have read enough of the text. Get a current exam kit and work through the past questions.
Kindly update yourself with the latest IFRS especially 9 and 15.
Understand the current debate on leases as a new standard on it will soon be issued.
Study past questions over and over again. And you must pass!
Less than four hours and it seems like eternity. I just do not want to resit P2 and P3.