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Not sure about Ansoff but I know Beyond Budgeting and Performance Prism are no longer examined. Check the syllabus/study guide to be safe
Hi
I’m doing P4 for the first time too & will write in December as well. A lot of people say ACCA on the whole is really hard & some even drop out, but we reached this far right? Sure a lot of people don’t pass it, but there are those who do! Soooo let’s just focus on what we have to do, sort out all our weak areas & just get cracking.I’ve heard about 3 areas in particular that are very popular… hedging, investment appraisal and M&A.
I don’t think anyone could really tell you what comes for Q2, 3 & 4 lol… that’s where we’ll just have to be prepared & don’t question spot! 🙂
On this P4 forum, someone gave some really great advice (think O.T pinned it)
All the best! Hope you get affiliate status come January ‘18!Discount factor is 0.712 (12%, 3yrs)
Check the Present Value tables you’ll see the 0.712Hi
Okay so you need to Look at the transaction to be hedged. So let’s say the company X Ltd (a UK firm) needs to make a payment denominated in a foreign currency (say €)
They’ll need to SELL £ in order to BUY €. (They don’t have €…. so they’ll need to use their £ in order to get €)Then you need to look at what is the currency the futures contract.
Let’s say it’s in £. Since the foreign exchange transaction involves SELLING the contract currency, you’ll have to SELL currency futures to hedge.Hope this helps and trust me I feel your pain with respect to hedging. (I’m a P4 student too)
I thought I totally lost it when I saw that’s how they calculated Contribution in the answer! In fact, the entire answer is just depressing. Oh well, good thing I googled it & this came up 🙂
Hi Kairong, thanks, but that’s not what I meant. Unless those tech articles are the same in the Student Accountant magazine…?
Hmmm why not f7 & f8? I agree with sea goat about 6 & 7 may be overwhelming. When I was looking for a combo, a lot of persons had told me 7 & 8 goes together nicely & it really does.
But like Erin says, it comes down to you… how much time is available to you to study etcOk ok i see what you mean… i’m now seeing it’s 5th April 2015 (thought it was 2014 loll)
You should post this on the ask tutor forum; they’re the best people to clear this up.Wooo 1st time I’m hearing about this website! Will definitely explore! Thanks for sharing!
@pauljaco said:
https://accatipsandtricks.blogspot.co.uk/2015/08/acca-f6-uk-taxation-basis-of-assessment.htmltry that
Ok so remember you need to choose the greater of: “MV when gift was 1st provided less Price paid by employer” vs “MV of asset when when 1st provided less any benefits from use of asset less price paid by employer”
So… the 1st option would be 2000-0 = 2000 (they didn’t give us any info on how much the employer paid)
and the second option: 3600 – (3600 * 20% * 5/12) – 0 = 3300
(remember the first employee only had that asset for 5months. Hence the 5/12)
Hence the greater option would be the 3300.
~ hope this was helpful (and hope i made sense loll)My wording may be a tad off… but i think that’s how you’re supposed to get the soln,
Hi, the answer is really 3300. I wish i could take a pic of my solution on my whiteboard lol but i’ll type it out. Tell me if you get it
Hey if you look at the original question in the December 2010 exam… Last paragraph… They mention the four years there.
https://www.accaglobal.com/content/dam/acca/global/PDF-students/2012/december2010ques.pdf
So I not sure if bpp forgot to include that partThis is the question right?:
CJ Co is considering an investment project, as follows. Project A This project is an expansion of existing business costing $3.5 million, payable at the start of the project, which will increase annual sales by 750,000 units. Information on unit selling price and costs is as follows: Selling price: $2.00 per unit (current price terms) Selling costs: $0.04 per unit (current price terms) Variable costs: $0.80 per unit (current price terms) Selling price inflation and selling cost inflation are expected to be 5% per year and variable cost inflation is expected to be 4% per year. Additional initial investment in working capital of $250,000 will also be needed and this is expected to increase in line with general inflation. Other information CJ Co has a nominal weighted average after-tax cost of capital of 10% and pays profit tax one year in arrears at an annual rate of 30%. The company can claim tax-allowable depreciation on a 25% reducing balance basis on the initial investment. General rate of inflation: 4.5% per year
Required Calculate the net present value of Project A and advise on its acceptability if the project were to be appraised using this method.Hi
I just checked the question out and I see what you mean! There isn’t even any kind of useful economic life of any machinery that we could have used as the basis for the project life… So I’m kinda stumped too.@jenny3549 said:
Thanks! Just found out I got the global prize which was a bit of a shock so really chuffed.In terms of study approach I did the same for F9 as for the rest but found that one thing really made a difference to this one even more than the others. This was to make sure I went through the entire text book before attempting any revision type questions. I always do that anyway to make sure I have a good overall understanding of the syllabus but I think it’s even more critical for F9.
The exam questions really do need a complete overview of everything on the syllabus to be able to answer them properly so that would be my main advice.
Otherwise, nothing special really. My study method:
1. Read 3-4 chapters of the text (doing chapter questions). Go on to next one if doing more than one paper (I did three in June so was rotating between them).
2. Write up my notes on those chapters. If anything not clear or can’t immediately remember after the gap of a few days, watch OT lectures on those chapters.
3. Continue on til finished texts for each exam.
4. Start revision – effectively do the same with the revision kit. Practice 3-4 questions for each syllabus area – if have to check notes or not happy with mark do more questions on that area til completely happy with it.
5. Do as many mock exams as can get my hands on, under timed conditions (have hissy fit after first one and assume going to fail). Keep practising exam questions until hand falls off or lose the plot, whichever comes first.That’s it really. The most important thing is the revision kit. I always think I have a good understanding when I’ve finished the text and then get a shock when I start on the kit. It’s definitely the difference between a pass and a fail.
Don’t know if any of that is any help! The Ask the Tutor Forum is invaluable also when you’re studying alone so make use of that if you get stuck on anything – John’s great and very helpful.
Good luck for December!
~ wow, congratulations!!! 😀 thank you for the advice! All the best 🙂
Hi Jenny, you got 90?! Dayumnnn girlll! Congratulations 🙂 can you please give me some tips as to your study approach? I’m doing exam in December.
Thank you!I didn’t even know OT had study group chat-rooms lol! I think it’s a great idea 🙂
