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Yes, it will be launched next year and requirements are expected that you should be ACCA Affiliate. Other requirements will be similar to BSc Hons.
Regards,
Hammad Ahmed Qureshi – OBU Registered Mentor.Yes these are fine and totally your choice. I will recommend you to choose SWOT and Porter.
Regards,
Hammad Ahmed Qureshi – OBU Registered Mentor.As pensions and operating lease are obligations of the company, so while calculating gearing ration, you may add these to loans and other debts. This will increase gearing.
Regards,
Hammad Ahmed Qureshi – OBU Registered Mentor.Try to search and find if you can get financials for latest 3 years available if its not, then use comparative and state it under limitation of information gathering section.
Regards,
Hammad Ahmed Qureshi – OBU Registered Mentor.You can take preset but please read its requirements in info pack also.
Further, you need to take another IELTS as it expired.
You should take IELTS in academic model theere is no indication in their PDF, i will also recommend to confirm from their website.
Regards,
Hammad Ahmed Qureshi – OBU Registered Mentor.@emolas
It is not necessary as name and designation can highlight it.
Regards,
Hammad Ahmed Qureshi – OBU Registered MentorCurrently, i have no knowledge of this but you can look at https://www.accaglobal.com/pk/en/student/exam-entry-and-administration/oxford-brookes-bsc-hons-in-applied-accounting/oxford-brookes-bsc-celebrating-success.html
Also confirm this from acca@brookes.ac.uk.
Regards,
Hammad Ahmed Qureshi – OBU Registered Mentor.You may compare PIA against other international airlines of any other country.
Regards,
Hammad Ahmed Qureshi – OBU Registered Mentor.It is not financial numbers that you will compare but relative figures such as %, ratios, trend in performance etc. So, you can compare a million earning company with billion because a billion earning company with loss is worse than a million earning profitable company. Its about performance not numbers.
Highnoon and Sanofi is also a good choice but it all depends on you. Further, my point was that their performance challenge your main company not it should earn same.
Regards,
Hammad Ahmed Qureshi – OBU Registered Mentor.My recommendation for competitor selection is its listed status and company’s performance must be challenging your main company. Further, you should have its annual reports including financial statements to be provided to OBU in RAP. Comparison should be like with like with reference to operations, geography and comparing consolidated with consolidated & unconsolidated with unconsolidated accounts. Rest is your choice.
Regards,
Hammad Ahmed Qureshi – OBU Registered Mentor.Yes, airports do purchase slots from airport owner where they want their planes to be landed, takeoff & held for some time.
For KLM, yes it need to purchase slots. If they sell slots, they can improve liquidity or even make profit in case of high demand and low available slots at busy airport. For intangible asset, you need to look company’s accounts for its recognition & accounting.
Seasonal effects are there for airport slots. Examples are, Islamic Annual Hajj season in Saudi Arabia, where flights land in Jeddah Airport from all of world, so slots are tight. Similarly, if any country is holding a world cup and final match is in a particular city, so slots available may be limited due to seasonal demand at that city’s airport. Also, tourism season depending on weather may fluctuate slots.
Regards,
Hammad Ahmed Qureshi – OBU Registered Mentor.PIA is listed in Pakistan and yes you can go for GSK and Sanofi. You need to write your report in currency in which accounts are made.
Yes, this is good idea and useful to write reason for selection of industry.
Regards,
Hammad Ahmed Qureshi – OBU Registered Mentor.@prudy
Yes, new SLS changes will be told and effective from Session 35.
Regards,
Hammad Ahmed Qureshi – OBU Registered MentorBoth are fine, depending you what you are analyzing buti recommend total profit as it tells overall company’s performance and amount invested in it.
Regards,
Hammad Ahmed Qureshi – OBU Registered Mentor.“A critical evaluation of the financial and operational risk management within an organisation”
The Topic and its Significance:
The topic focuses on the factor of “Risk”, further dividing it into two categories
1) Financial Risk
2) Operational RiskIn general terms, risk is any activity, when taken will lead to an undesirable outcome. Decision making is a vital process in any business and every decision has an element of risk. For example, if we agree on a merger with Company A, what affect will it have on our employees? There is a risk that the two different cultures don’t settle in and thus lead to key employees leaving.
Above is just risk in general. This topic specifically looks at financial risk and operational risk. It doesn’t look specifically at the risk but rather it requires you to evaluate how the organization manages that risk.
Financial risk is any risk that is caused due to financing activities. For example, if we invest in a company that has a high gearing, there is a financial risk that the invested company might eventually go bankrupt and thus we lose all our investment.
Operational risk looks at the internal activities of the organization. Unfortunately, operational risk can mean a lot of things and its not as specific as financial risk. It relates to the company operating and it can range from loss of data to breakdown of manufacturing machines.The above is an explanation of risk. Remember, the topic wants to know how the organization manages it so for example, how does the organization prevents itself from losing important data?
Regards,
Hammad Ahmed Qureshi – OBU Registered Mentor.@prudy
SLS changes are deferred until Period 35.
Regards,
Hammad Ahmed Qureshi – OBU Registered Mentor.You can take IELTS. https://www.britishcouncil.pk/exam/ielts
Regards,
Hammad Ahmed Qureshi – OBU Registered Mentor.@Jahnvi
Thank you Jahnvi, Best of Luck.
Regards,
Hammad Ahmed Qureshi – OBU Registered Mentor.@ijustwanttogetthroughthis @Koolp
Don’t get dis-heart, everything happen in your life is for your benefit, may be there is something better that is already decided for you that you don’t know. In coming year, OBU is launching MSc in Applied Accounting, you can opt it and work hard for achieving MSc which is surely more valuable then BSc.
Regards,
Hammad Ahmed Qureshi – OBU Registered Mentor.@MahinAdnan
Either you need to align easy jet year end to BA, or you can look at economic, legal and other changes such as seasonality which effected Easy JET during Oct-Sep.If there are no big changes during 3 months, then you can write in limitations of information section that there are different year ends of BA and Easyjet. In answer to this, you will write with some references or justification that economic and other factors remained much stable during 3 different months covered in both companies financial statements, hence you did not aligned year ends.
It is always fine to do consolidated FS analysis but ensure your analysis cover both regional & sub companies performance and service & product performance.
Please do not be confuse on companies, try and select one with a competitor which are listed for topic 8 and start work as soon as possible because from now onward, you have enough time but not much to delay.
Regards,
Hammad Ahmed Qureshi – OBU Registered Mentor.It is great to see that you want to start BSc Hons. RAP.
First action for RAP is to properly read BSc info pack: https://www.accaglobal.com/content/dam/ACCA_Global/Students/bsc/IP2015-16.pdf
Then you will have to select your topic, organisation and mentor. You can find mentors at:
https://www.oxfordbrookesmentoring.co.uk/.Once, you are done with this, have first meeting with mentor and start your RAP.
Please ensure you are eligible for BSc Hons. and also you complete professional ethics module by 31 March 2016 if you want to submit RAP in May 2016.
Regards,
Hammad Ahmed Qureshi – OBU Registered Mentor.@Jahnvi
Hope you are well!
Yes, OBU is recognised in Canada and many universities allow it for the purpose of Masters.
In USA there is bit strictness with regards to recognition of ACCA and BSc but still some universities accept them. The best will be to ask specific universities about this degree and related institution otherwise you still may have confusion. I have some of my colleagues went to Canada based on ACCA & BSc Hons.
Further, your aim for current year should be passing exams and BSc. after which you can decide further because you are now at F level exams and you also have to do BSc.
Please also ensure you pass exams and do RAP really well if you have time constraints.
https://en.wikipedia.org/wiki/Association_of_Chartered_Certified_Accountants (Here it is mentioned BSc Recognised in Canada)
https://www.facebook.com/oxfordbrookes/posts/10150481725587908
Regards,
Hammad Ahmed Qureshi – OBU Registered Mentor.For RAP, any model will be relevant depending on your objectives, topic itself, circumstances and your approach to achieve objectives. For CSR, Carroll’s pyramid highlight different philanthropic,ethical, legal and economic responsibilities, now you can think of why this model is important and will help you achieve objectives? It may help you to define whether your company fulfill Philanthropic responsibilities or is ethical or just legally responsible ? Points that you will make within this framework can then be used against any regulatory CSR related laws or principles issued by government for evaluation whether company is meeting them.
Mendlow’s matrix allows to have different perspective that organisation will be governed by its key stakeholders. Hence, let us look at their powers and interests. So, it will highlight whether organisation serving only powerful stake holders or all and in which box it falls?
In the end, it depends only on your approach. Yes, these are recommended ones not necessary ones. You need to ensure these models allow you to achieve your RAP title and your objectives.
Regards,
Hammad Ahmed Qureshi – OBU Registered Mentor.@Koolp
Unfortunately, OBU allows only 3 attempts for passing RAP.
Regards,
Hammad Ahmed Qureshi – OBU Registered Mentor.@jenecho
It is fine to chose any in same industry, but would be better if you look at their scale of operations and then decide the most close competitor which challenge your main company.
Currency is not an issue as you will doing ratio analysis and most of them are measured in %, days, number etc. but where you need figures in currency such as sales you can convert them at last date of year end for your analysis purpose.
Regards,
Hammad Ahmed Qureshi – OBU Registered Mentor
