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Welcome to OpenTuition!
I recommend you take the exemptions (anything you need to know of BT or LW for later exams you will cover in your studies for later exams) and crack on with qualifying.
If you want a PC later in life you can sit LW-ENG post-qualification (and claim CPD for it).
You also don’t need to take exams “in order” – it is the levels that have to be sat in order – see her a very useful article https://opentuition.com/acca/plan-your-acca-exam-journey
@saramo – I see here that for Sierra Leone (find in the dropdown menu) some of the fees are significantly discounted https://www.accaglobal.com/uk/en/qualifications/accountancy-career/fees/fees-charges-uk.html – so you have nothing to lose by contacting ACCA directly to enquire – https://www.accaglobal.com/uk/en/footer-toolbar/contact-us.html
@nareshlingam – I have nothing to add to the numerous posts you can read in this thread
Hello – I suggest you look at these two posts and post to whichever seems most relevant as your enquiry isn’t specific to this post about VPNs:
https://opentuition.com/topic/acca-remote-exam-result-issue
https://opentuition.com/topic/results-delay-2I deleted this duplicate post (1) because the forum rules say no cross-posting https://opentuition.com/forums/forum-rules and (2) I am not “guys” and do not think it appropriate that I should be addressed as such.
I suggest that this is the post you were looking for https://opentuition.com/topic/december-2024-acca-aaa-exam-instant-poll-and-comments
What is the purpose of you wanting them? When you asked 8 months ago I indicated that learning providers, for example, have access to them.
The most recent exams (the last four years) are only “published” in the Practice Platform, which requires access through MyACCA to most individials. Each learning provider has their own access, but copyright would prohibit them using/publishing other than in accordance with the terms of their relationship with ACCA – e.g. Kaplan/BPP can publish in their revision kits.
You might consider purchasing from BPP https://opentuition.com/20-discount-bpp-books – though of course their is copyright over using their content also.
If you look at any of the recent past exams you should see that there is very little in the way of “knowlege-based questions” in Section B – or even in Section – as this is an applied SKILLS exams.
In M/J24 for example:
“(a)(i) Define a significant deficiency in internal control; and
(ii) Describe THREE matters the auditor may consider in determining whether a deficiency in internal control is significant.
Note: You do not need to refer to the scenario to answer this requirement. (4 marks)”I suggest 4 marks is the maximum you might expect in any one 20/30 mark Q – and it could be drawn from any area of the syllabus – so it’s not possible to attach “importance”.
If you have a certificate of completion, it is completed.
See here in the FAWs https://www.accaglobal.com/uk/en/help/faq-ethics.html#Changes-to-EPSM-after-June-2023-FAQs “Why is my completion bar not showing 100%, even though I have completed the module?”
Short answer – yes
See here – https://www.accaglobal.com/uk/en/student/exam-support-resources/professional-exams-study-resources/cbe-platform-support.html – the differences between the functionality are summarised in a pdf https://www.accaglobal.com/content/dam/ACCA_Global/Students/prof/Practice-tests-func-difference-1.pdf
Also from the same page you can download the guidance document relevant to your exam e.g. Applied Skills guidance doc.
I wouldn’t waste time copying anything to the scratch pad – if a working is worth doing do and keep it – no need to delet it.
Why don’t you try our notes while listening to the lectures? Then you don’t have to be reading so much.
https://opentuition.com/acca/lwAnother way to save your money is to use the comprehensive materials in ACCA’s Study Hub https://www.accaglobal.com/uk/en/student/your-study-options/studyhub.html
@ashp1 CONGRATULATIONS! And thank you for considering a donation. Unfortunately, although perhaps it seems like we should be a registered charity, we are not, because we earn advertising revenue to make all our resources and services free to our users.
“Recalculate …” but both are very specific, so definitely 1 mark each:
Recalculate the amortisation charge for a sample of intangible assets …. and confirm it is in line with the amortisation policy … and that amortisation only commenced from the point of production.
Select a sample of PPE and recalculate the depreciation charge to ensure that the non-current assets register is correct and ensure that new depreciation rates have been appropriately applied.
First thing is not to give in to worry – this post is nearly 4 years old now – but it shows that with the right approach, you can and will succeed https://opentuition.com/topic/how-i-passed-aaa-at-3rd-attempt-73
Secondly, forget about “study” you should be revising – which means practice, practice, practice exam style and standard questions. And by “practice” I mean really attempting Qs, in the time allowed and fully debrieifing your attempts using available resources such as the marking schemes and examiners reports.
If you haven’t used them already, before you do any more Q practice, you must use the “read the mind of an AAA marker” resources – see the bottom of this page for the links https://www.accaglobal.com/gb/en/student/exam-support-resources/professional-exams-study-resources/p7/cbe-exam-technique.html
Remember that as well as the Past Exam Q practice in the CBE platform, there are LOTS of good exam style and standard Qs with marking schemes in the Study Hub.
Did you attempt the ACCA Mock exam and attend the debrief session? Every exam session ACCA issues a “Pre-session Mock” c. 3 weeks before the exam session, followed by debrief sessions. These are announced in “Student Accountant”. See this page for more information https://www.accaglobal.com/gb/en/student/exam-entry-and-administration/prepare-for-exams/InSession-exam-countdown-emails/mock-exam-event.html
I recommend that when you have finished your attempt of Gooseberry you go through the debrief of answers to this Q in the “Read the mind of an AA marker” article, which you will find here https://www.accaglobal.com/uk/en/student/exam-support-resources/fundamentals-exams-study-resources/f8/exam-technique.html
That’s an excellent Q!
Short answer is you won’t be “penalised” – there is no negative marking, so marks won’t be deducted – you just won’t get any credit for the repetition.
Exams are carefully constructed to examine the syllabus – which is extensive. So if you think you are repeating the same point, you should be re-reading the requirement/scenario carefully, to see if you are missing something.
The example you have given – Gooseberry – is an excellent Q to illustrate the point.
Details in the scenario were clearly headed ‘Research and development’, ‘Depreciation’ and ‘Bonus’. Part (a) prompts this with ‘in relation to GOOSEBERRY Co’s research and development expenditure’ … i.e. not “any old R&D” and (b) with “in relation to the MATTERS IDENTIFIED regarding
depreciation …’So for 5 marks for each part the examiner/marker is looking for very specific and relevant points.
If you graduated at AMC College in Malaysia, say, in 2024, the exemption calculator https://www.accaglobal.com/gb/en/help/exemptions-calculator.html shows that if you completed DIPLOMA IN ACCOUNTING, FULL COURSE, you are entitled to claim exemptions from the three knowledge exams. There are no “minimum mark” criteria – either you graudated or you didn’t.
The American Institute of CPAs (AICPA) has partnered with Prometric, a testing service, to offer the CPA exams at various international locations. The exam is available in many countries, including Canada, Japan, China, the United Arab Emirates, and several others.
However, there are specific requirements and eligibility criteria that vary by jurisdiction, so it’s important to check with the local state board of accountancy or the jurisdiction you plan to apply through for the most accurate and up-to-date information.
I suggest you tackle a recent past exam Q from the practice platform (there are plenty to choose from and every exam has a “contols” Q).
Make a PROPER attempt at it – i.e. write an answer – and then debrief it with the answers (in the platform) and https://www.accaglobal.com/uk/en/student/exam-support-resources/fundamentals-exams-study-resources/f8/examiners-reports1.html
Learn lessons from each Q attempted one at a time.
Welcome to my forum!
In short – if there are deficiencies, the auditor makes recommendations of controls for management to implement …
… if controls are implemented, the auditor may test the operating effectiveness of those controls (with “tests of controls”) IF they are expected to be effective.This is fundamental to the audit approach – see the overview at the beginning of our Chapter 8 and explanation.
When tackling any “controls” question – the first thing to be sure about is whether you are looking for deficiencies or strengths – the latter will usally be described as “direct control which the auditor may seek to place reliance on” (e.g. M/J24 Q Francisco part (b)).
The following suggestions from ChatGPT:
Articles and Case Studies:
Cost Allocation Practices in Manufacturing:
Search for articles in Harvard Business Review, Journal of Management Accounting Research, or Strategic Finance for case studies and discussions on cost allocation.
Case Study Example: “Cost Allocation in a Manufacturing Environment” by CIMA (Chartered Institute of Management Accountants). It provides practical insights into allocation methods.Industry-Specific Practices:
Look for reports published by industry bodies like the Institute of Management Accountants (IMA) or Manufacturing Institute.
Example Resource: Industry-specific studies, such as those available on PwC or Deloitte’s websites, often include sections on cost allocation strategies.
Unused Capacity Challenges:Research articles that address “Theory of Constraints” or “Activity-Based Costing (ABC)” to understand how unused capacity is managed.
Suggested Article: “Managing Capacity Costs: Lessons from Lean Manufacturing” by APICS (Association for Supply Chain Management).
Automation and Modern Accounting Tools:Explore publications by ERP vendors like SAP, Oracle, or QuickBooks, which discuss how their tools optimize fixed cost allocation.
Article Example: “Impact of Automation on Manufacturing Accounting” by McKinsey & Company.Where to Search:
Academic Databases:
Access scholarly articles on platforms like JSTOR, ProQuest, or Google Scholar by searching for terms like:
“Fixed cost allocation in manufacturing”
“Activity-based costing in manufacturing”
“Unused capacity cost management”
Professional Accounting Bodies:Websites of organizations like:
CIMA (Chartered Institute of Management Accountants)
IMA (Institute of Management Accountants)
AICPA (American Institute of Certified Public Accountants)
Business and Management Portals:Explore case studies on:
HBR.org (Harvard Business Review)
Forbes.com
The Manufacturer (specifically for insights on industry practices)
Online Forums and Communities:Engage with professionals on:
LinkedIn Groups related to cost accounting or manufacturing.Specialized Books:
Cost Accounting: A Managerial Emphasis by Horngren, Datar, and Rajan.
Accounting for Decision Making and Control by Jerold Zimmerman.Suggestions for Deep Dives:
ABC (Activity-Based Costing): Learn how manufacturers use ABC to allocate fixed costs more precisely, especially in complex production environments.
Lean Accounting: Explore lean methodologies to understand how they reduce reliance on traditional cost allocation methods.
Case Studies on Automation: Look for real-world examples of how companies integrate AI or machine learning to improve cost allocation.You can resign your membership and re-register when you wish to return to your studies.
You will be required to pay any unpaid sums at the time of resigation.
You should contact ACCA to request that you formally resign rather than not pay fees and be “struck off” the register for non-payment.
Go to https://www.accaglobal.com/gb/en/footer-toolbar/contact-us.html > I am a student > Account access / management > Resign / close account Then answer Yes to the Q “Do you need to contact us?” to load the resignation form.
Depending on where you are with your studies, you might want to check out the seven-year rule for the strategic level https://www.accaglobal.com/gb/en/student/getting-started/rules-and-regulations-for-students/time-limits.html
@Gavism Additional subscriptions will not accrue during the time you are no longer on the register. You will have to pay all fees outstanding at the time you are deregistered and the reregistration fee.
If you have paid for exemptions I see no reason why you should lose them, but if concerned on this point I suggest you contact ACCA directly https://forms.accaglobal.com/contact-us
