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@hasek said:
I signed for both- email and text. Still nothingHave you checked your junk mail? My results usually go straight there…
Passed with 50%
So happy and now ACCA affiliate.
Good luck to everyone still waiting.I was under the impression that they held a portfolio as a source of liquid funds and in this situation it really does not matter if they hold shares of one company or another as far as the money is fairly safe so they can’t risk losing value in order to keep the shares in their portfolio.
I don’t think your time was wasted, any valid point is relevant.
I did not finish calculations in the first question due to doing it at the end; not even started the report so 100% am in a bad situation.They only held a few % of the company’s shares plus they wanted to sell outside the stock market to avoid signalling effect. They would be able to invest in different shares from Travel&Leisure industry (or any other industry) with better returns and lower volatility.
For the question regarding sale of shares – I got profit per share in the last year of 0.12 when the dividend was 0.15; also both gross and net operating profit falling down very quickly. Both extremely alarming. My suggestion was to sell the shares now.
The question was written differently. If I am not mistaken it said that the company will repay the loan in 11 months time.
I think it was reasonable to get positive NPV in Q1 as the initial outlay was not big in comparison with the cash flows in the following years.
I agree that the figures in Q1 were just time consuming, not really testing the understanding of subject.
I also got 68 contracts (because the loan was for 6 months).
However, generally, I am very upset with myself today.
I left the question 1 for the end and did not even manage to finish calculations.
Did not even start writing the report, where all the easy marks were available for the assumptions.The Troder question is now question number 51 in BPP kit.
I do not understand why, in the answer, they deduct 0.25% in calculating net receipt?
The only thing I can see in the question is that the company can invest short term at LIBOR minus 25 basis points. I have no idea why this should be included in calculating collar’s net receipt?
As always, thank you for your help!I got a bit confused – the course notes (page 96) state that the tick size is 0.0001 however the technical article (https://www.accaglobal.com/uk/en/student/acca-qual-student-journey/qual-resource/acca-qualification/p4/technical-articles/exchange-derivatives.html) states that the tick is 0.00001.
Is my understanding right – it just depends on how exactly is the exchange rate given; if 4 decimal spaces then tick is 0.0001, if 5 decimal spaces then tick is 0.00001; it just depends and it is not one absolute value?
Thank you very much for wonderful lectures!
I passed with 62%. Over the moon as I was sure that I will fail this time.
For me it felt weird to take this exam without Open Tuition’s help.
Only one exam left, hope to become affiliate after June session.
Congratulations to all who finished their ACCA studies and good luck to all with remaining exams.Also very well explained in this technical article:
https://www.accaglobal.com/za/en/student/acca-qual-student-journey/qual-resource/acca-qualification/p6/technical-articles/finance-act-2013.html
Good luck for Friday!Please check Open Tuition notes for exam F6 on page 17 – wonderfully explained.
I passed with 63 %. I could not be happier! Thank you very much, Open Tuition!
Good luck to all ACCA students.I thought debt has something to do with payments on specified dates 🙁
With both B type of shares there was no compulsory payments on specified dates.How about question 4 debt/equity.
Did you classify both types of B shares as equity?
That was my conclusion, I am curious how others did.Ethics was about financial controller and his ethical dilemmas. Financial director was not agreening with the financial controller regarding the treatment of the lease.
1b Fair Value vs Financial Value – I wrote that internally generated intangible assets can not be capitalised so their value is not reflected in financial statements.
Also, where active market does not exist the valuation involve estimations and may vary between different valuers.I agree with previous advice. Please take only one exam in June (P3). Even consider taking the break as obviously your brain is too tired with the studying. You still have until 8th of April to make changes in your exam choice.
I would suggest to buy a Success CD, there are short lectures relevant to one exam on two discs, the total running time is about 2 hours. I would listen to these lectures as much as possible, if you have visual memory type the lectures, print and read once you listen. Listen until you feel that you know the lectures by heart.
Then go to Open tuition and see the lectures about exam technique. They are very helpful.
Read relevant articles in Student Accountant.
Then I would take the Practice and revision kit and do all the exercises.
Then go through Open tuition notes and/or lectures.
After that, there are 3 practice exam in the Practice and revision kit, do them under exam condition and see how you go.
Then go through all the past exam questions and see how you feel about them.
From my experience in P exams it is worth spending time on planning your answers rather than rush to write. Please remember the rule of one relevant point for each mark.Thank you for the update. I was just thinking about it as my last session is also June 2017.
I have only 3 exams left but feel pressured and would be very happy with the new rule of 7 years after doing first P.
I did not have any exception, I have taken unexpected 3-years-long break due to health/family issues. Now I have small children and instead of enjoying family time I am stressing over the exams and the deadline. For me it is not easy to juggle work, family and studying. I even gave up my volunteering.
