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passed with 60 mark happy to be honest.thanks John Moffat your the Don.u have helped me to pass both f5 and f9.and thank you opentuion team aswell
passed 67 I was expecting higher but i am happy for the mark.Thanks John Moffat and Opentution team
I spent only 7 weeks from a zero based n it took me only 2 weeks go to self study coupled with video lecture in here n started practice past papers from 2007 till Dec 2015 and all solved past paper on OT site as well and I was only concentrate with consolidation, ratio n published account .my exam tactics was rubbing coz I spent 2hrs n 45 min just for 3 question and missed 5 mark on question 3 b then look my watch n I see only 30 min remain to do mcq . But thanks to little Mike I ended up with 63% passed. So the only advice I can give u is practices practices n not only to practices but understand all questions after u practices then u will achieve high mark . Wish u all the best and Never give up.
why $1.2m while they says $500000 pa times 4yrs is 2000000,so from 1 april to 31 march we only recognised $500,000 n remain figure will be deferred liabilities n account entry is debit sales revenue n credity liability ie non current of $1000,000 n current $500,000 .would be easy to discount it but there wa no discount factor ,so how did you get 1.2 as deferred income?
i know exams was crazy even i messed up with contract figures both revenue n cost recognised plus amount due frm customer other that that i hope will be enough to pass.
best tips ever . if you want pass acca f7 you better start watch lecture from little Mike n do a lot of past exams papers and if you have enough time then start from 2007 onward and do it atleast twice get used to it coz the more u practise past paper the more chance you increase to pass even with higher mark.Good luck
Hey there. i have seen your working, they r looking pretty but u haven’t put deferred income for ongoing services of $ 1500000 for both non current n current liabilities n why did u put deferred tax of $3700 on current liabilities? And on income tax expenses figure is ($1550 under provision + $11400 provision – $1100 from deferred tax = $11850 and no need to include deferred tax on OCI coz no need it due to last comment said “Ignore deferred tax on the revaluation”. so only $9200($2000 for land n $7200 for building) gain on revaluation of land and building will appear on oci.
I have passed f3 with 64% and only started to study on 21 dec 15 and my exam was on 7 jan ad from 1 jan till 13jan prepared for acca f2 and got 76%.am humbled.thanks Mr John Moffat n ur team for ur wonderful lecture n note makes us easy to understand.God bless u guys.