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“Every bit of research i have done suggests that contra acocunts are the opposite of main account. Like Asset (main account) Depreciation (Contra account) or Sales (Main account) returns (Contra account).”
This is absolutely correct however: you should clarify with the chief accountant as to which depreciation account you are referring. Depreciation expense is not a contra account. Accumulated depreciation is a contra account. When you are making your monthly depreciation entries, you should be debiting the depreciation expense account and crediting accumulated depreciation.
I’m really surprised that I failed with a 48%. I was confident coming out of the exam and was sure that I grasped most of the ideas and concepts. This sucks.
I started at FIA, so I took the CBE versions of all 7 FIA exams and all 6 ACCA exams F4-F9. I’m in the position where I must now take the paper versions all 4 strategic professional exams and to say that I’m nervous would be an understatement. I haven’t hand-written anything important in about 10 years hha.
Your pros list is spot on. CBEs are great for planning, revising, calculating, etc. They make it easy to organize your thoughts and make the writing process more efficient. At this point, I think I’ll be lost if I have to hand-write an essay or long-form answer.
To be honest, from someone who has only taken CBEs, the items on your cons list aren’t really an issue. Navigation is extremely simple; and highlighting, taking notes is easy for anyone who has used a computer for studying through uni (so basically everyone). I think CBEs reflect the way that we now study and learn using computers.
If you have the opportunity to take the CBE versions, you should do it. I envy you. I’m actually considering flying to the UK for the March and June sessions so that I can take the CBE versions instead of paper. But, I’m still weighing my options.
I’ve already started studying. There really isn’t any reason to wait. Results come out in 5 weeks. You can study almost the entire syllabus for your next exam in that time. There is no such thing as too much studying when it comes to ACCA!
When my supervisor signed up, he only had to put his licence number. There was an option to add the certificate but, it was only optional. I’m not sure if ACCA requests this in the future though.
Hello everyone. I was reading the Programme Specification and noticed that on page 5, the “minimum period of registration” for Pathway 1 is one year. Does that mean that you cannot complete all three modules in 6 months?
Yeah, I really wish that ACCA did this. “you scored x points on sections A & B”.. there really isn’t any reason for them not to!
The site appears to be down. I cannot login to the Web, Windows or iPad apps. There isn’t anything we can do but wait until the site is back online. Contacting them won’t help unfortunately.
Failed with 48. My fault for not studying enough and arriving 30 minutes late to the exam lol
a few suggestions: coding in Python, VBA, SQL, database management and data mining, BI and analytics, etc.
