Forum Replies Created
- Posts
Best thing to do is just wait and see, hopefully everyone passes. But I must admit it is really annoying, and for those who don’t pass because they haven’t received the email is a cruel way to find out if they have failed. and for those who did receive the email and then turns out that they actually failed is even worse, but what can you do, just sit and wait and not think about it because if you eagerly wait and try finding out your results before hand, that will only drain your energy and if you do actually end up failing, it will make things worst well mentally at least.
So good luck everyone nothing we can do but just sit and wait and try not to think about it.
Jennie what can we do, we are small minons who just have to follow orders, perks of being with a institute hey.
I have just spoken to ACCA and they are saying that the email was sent in error, I don’t particularly have my hopes high.
Guys those of you who actually received the email. How did your last exam go? Do you think you did well or not.
One way to find out if this was actually sent in error would be for someone who didn’t attempt lets say 60% of the exam to have had received that email.
I would be questioning anything I receive from ACCA from here onwards.
Exam results is a sensitive topic and for them to release results late and then send out this email and as per above say disregard, Its un describable.
Agreed, guys please take note – For all who received the email, if in the event we don’t pass on Monday.
Lol This a joke if I am being honest.
Hi Kim,
The email was sent from the following email address : no-reply@support.accaglobal.com
Please advise if the below should be used as confirmation, Thank you.
We’re so excited for you! You’re now an ACCA affiliate and well on your way to a career full of opportunity and promise. You really are part of a very special community.
Find out more
We’ll be here to support you and to help you make the most of your affiliate experience – and fulfil your career goals. But first, take this moment to celebrate.
Your future awaits.
Good luck!
Passed 1st attempt 72%. Don’t know how. Didn’t study much but did the bpp exam kit.
The question with investment property, I think it should of been held as an investment property but the fv which was used by the md was incorrect, I commented on things like how the incorrect fv would of lead to profits being higher and assets being overstated, also talked about fv measuresment ifrs 13, but some people think it was an lease but there wasn’t any information on discount factors or lease payments ?
They are very helpful indeed and have helped enhance my understanding.
Sir to add to this I have been reading articles on Acca’s website for f8 – Audit Risk,
I have been through the course notes as well.
But in relation to the article it states that ISA 315 Deals with the auditors responsibility to identify and assess the risks of material misstatement through understanding the entity,environment and internal controls.
It is then further broken down into 4 parts, I pretty much understand them but the terminology being used on part 1 has really confused me on – Put in exclamation marks below. Could you please kindly help once again?
Point 1)Perform Risk Assessment procedures in order to “provide a basis for the identification and assessment of the risks of Material Misstatements.”
Hi sir writing this in the wrong post. But this is essentially to thank you for your great lecturing, Thank you once again, Your a great tutor and you provide a very good service i know i have annoyed you with asking your predictions as if to how much will i score but yh i did manage to pass with 69% thanks once again. passed f9 too with 54% thanks to you a swell. Keep up the good work.
Kind Regards-Feroz.
Hi sir i am a bit confused and need your help to clarify this matter.
If you look at your solutions and ACCA’s for december 14 question q2 part b)
you and acca have actually taken total factory costs to be 306400 and divided this by 7200 hours to calculate cost per factory hour for tpar calculation.
But acca have written a note below their calculations in the offical f5 december 2014 M.S.” Answers based on total salary costs were $80,000 were also equally acceptable since the wording of question was open to interpretation.”
does this mean that if you had taken 106400 (factory costs) +80000(salary costs) and divided by 2400 hours for one senior stylist and the figure you get for cost per factory hour is the right figure to use in the tpar calculation and would you be awarded full marks?
The reason why i am saying 2400 hours for one individual senior stylist is that if you only include one senior stylist in your total factory costs calculation you should also include 1 senior stylist for the bn hours or otherwise the calculation isnt on like to like basis.
Thanks again in advance for your help.
Sir when you say it should get the 50% needed do you mean for part b)i or part b ii).
December 2014 exam
Hi sir could you tell me if my answer is correct and worthy of marks for this question.
question 5.
part a) Material mix variance arise when there are a multiple number of ingredients which go into making a product and they are interchangeable to some extent. a favourable mix variance arises when a greater proportion of cheaper materials have gone into making a product and adverse when a greater proportion of expensive materials have gone into making a product. and if the mix is altered from the std input this effects the yield. a favourable yield arises if less inputs have gone into making output then expected and vice versa.
specfically to this situation a adverse material mix variance has arose becuase a greater proportion of expensive ingridents have gone into making the soaps specfically more lye and coconut oil which cost more per kg in comparison to shea butter leading to an overall adverse material mix variance. as a greater proportion of expensive matierals have been used this has led to less wastage and hence more yield from the materials used in making soaps. giving a favorable yield variance.
i also mentioned how the mix variance has further decreased from 5827 to 6000 from september to october. and how the yield has further increased from 9899 f to 1000 f.part b)ii
i think the sales manager can be justified in his view that the change in material mix has caused a adverse sales volume variance due to the fact that less shea butter has been used into making the soaps which accounts for almost half of the input which goes into making the soaps this might of have had led to the quality of the product decreasing and hence customers being dissatisfied. there fore the production manager should be forced to change the mix of inputs which go into making the product or other wise the business faces the risk of losing customers which can have long term negative effects on the business.Can you please tell me what you think of my answer and how many marks do you think it deserves if any, Thank you very much.
This is what i wrote exactly.
Bottleneck activity is the activity within a business which limits the overall production capability within a business. it can be determined in one of the two following ways.
a) its either the department/activity which takes the longest time to produce in comparison to other departments making it the slowest rate producer.
b) OR its the department which produces the least amount of ouput/acitvity incomparison to other departments.
specfically to this situation if we look at the assistants,senior stylist and junior stylist the time taken by senior stylist in both processes of cuts and treatment is longer giving a total of 2.5 hours incomparison to assistants and junior stylists which take a total of 0.4 hours and 1 hour. hence it can be clearly seen that senior stylists are the slowest rate producers making them the bottleneck.Ok but can you tell me if my method is valid for part a, the 4 marker? Thank you
with regards to question 2 part a)they asked us to explain briefly why senior stylist have been identified as the bottle neck and support using calculations.
what i done is i defined bottleneck resource described the ways in which we can determine it and how it limits the overall production within a business. i then went onto add both the times given in cuts and treatment department for all 3 stylists individually. and i found senior stylist took 2.5 hours the longest making it the bottleneck. i actually showed all of this. will i get 4/4 for section a?section b of q2)managed to get two tpars, but unfortunately cost per factor hour was wrong but throughput return per hour was correct. can anyone provide me with guidelines of how much will i lose in question q2 overall thanks.
