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Hi Mike
That makes a bit more sense!
Just the last paragraph of your explanation…
Is that the same as an EPS working for a rights issue?Avnish
Hi Anushka
The examiners report for September 2015 stated –
Q1 in Section B was a preparation of SPLOCI and a SOCIE for single company
Q2 in Section B was a two part interpretation question – part a) of 4 marks asked for two specific ratios and part b) of 11 marks was an interpretation written part!
Q3 in Section B was a CSFP for 25 marks and theory related to an associate for 5 marksI am also frustrated and annoyed at ACCA not being able to publish the September exams since the CSFP might have been good practice for the December sitting!
How is everyone getting on with their revision? I am fluent in Framework but not yet in Published Accounts, which I hate with a passion! I love groups and interps! Those two especially interps are a lifesaver! So hoping for a CSPL next week since CSFP already has been asked for in September!
Avnish
Hey all,
Demand not given in the Flowers question, but all you had to do, well I think this is right,is to multiply 500 supply by 5.20 per bunch and then 500 by 1.80 and add up…same for 550, 600 and 650.
Then for the ones where demand was more than supply you had to find lost contribution of the bunches that could have been sold.
The multi product breakeven should have been 5 lines – one from fixed cost to breakevenm then one each for C, T and R, each line getting less steep, then a line for constant mix going from fixed costs to the end of the last line.
The MCQ’s were slightly unfair – really surprised that there was even a graph for one of the questions!
Overall an OK but unfair paper with a few very complicated questions such as the flowers question!!!
But I for one want to achieve well in my ACCA exams. And so what if I want to score high? Maybe I want a good track record!!
Avnish
Question 2 in Section B was a tricky bugger, but after reading it 12 times, it was easy!
MCQ’s were a piece of cake!
Question 5 and 6 in Section B were surprisingly easy too!
VAT and Inheritance Tax were very hard…couldn’t remember the rules for VAT flat rate scheme and Inheritance Tax proformas!
But a suspiciously easy paper!!!
The FA14 will last until June 2016!
ACCA examinable documents for F6 say:
Examinations falling within the exam year 1 April to 31 March will examine the Finance Act
which was passed in the previous July. Therefore, exams falling in the period 1 April 2015 to 31 March 2016 will examine the Finance Act 2014. In addition, due to the uncertainty over the timing of the Finance Acts in 2015 as a result of the General Election, the June 2016 exam will also examine the Finance Act 2014.Ok thanks!!!
F7 has been my favourite so far!
Then F6
Then F5
Then F4 (no surprise there, since I hate all theory papers)Damn…do you think they will have more sessions after July 2016?
Or is there only 2?
And does this mean I can move straight on to the MSc after the F papers? Does it mean that the completion of the P papers isn’t necessary?
If I was you, focus only on P2 for now…
December sittings for F6 will involve the same course notes and Finance Act as the June exams so there is nothing to worry about.
Or if you want…33 days or so is enough provided you go through 8-10 chapters a week leaving at least 2 weeks after for revision. That’s not recommended though really!
Its about 38 hrs of lectures but its better than just having short 10 min lectures which just read out the course notes. Kudos to Tax Tutor for making perhaps the worst area of accounting in my opinion fun to learn!
Wait, so does this mean that I would need to complete the Fundamentals Papers first or can I opt in while finishing up the F papers?
Also £1,300 per module sounds reasonable considering that tuition fees for the P papers are substantially more than this.
Hoping to start in January whilst completing my F papers!
There really is no easy version.
Both English and Global are very similar, except……
Global includes certain international acts and declarations that you have to learn
Partnerships, company law, directors, capital maintenance, share capital and a few others appear in BOTH English and Global.
Really its choice and depending on where you plan on working. For example, if you plan to work in England UK, then opt for English, otherwise opt for Global.
This really is what I think!
Mike, feel free to elaborate on any important points to consider.
Avnish
Hey all
I took my F4 English CBE yesterday, and please when I say this, I mean it.
DON’T UNDERESTIMATE!
Specifically the paper I had was literally the toughest paper. And unfortunately I failed with a mark of 47%, only 3 marks away from a pass. I had many questions on the law of tort and negligence. But very little on resolutions and meetings, those topics which I had spent a lot of time revising as I had struggled a lot on those topics.
I am planning to resit this on Sunday 12th April 2015, so hope all goes well for me.
Avnish
I say a bit…but what I really mean is A LOT!!!!
Most textbooks include Beckers and Kaplan…Those publishers have too much writing in their books!
Now you can say it is a Compliment!!!!
Thanks!! You make studying this paper a bit better than most textbooks!
Avnish
Gabriella,
Since the topic of AGM’s follow the Companies Act of 1956, the first AGM should be held within a period of no more than 18 months after incorporation and subsequently no more than 15 months after the first.
Mike, please let me know if this is the correct context, since the OT tests present questions where 18 months and 15 months are valid time periods for AGM’s
Thanks
AvnishOh my gosh,
Thanks a lot Mike! I looked everywhere and no answer was found.
Now I can complete the revision kit questions that I got as an assignment
Thanks again
Avnish
https://www.iasplus.com/en/standards/ias/ias38
This is the link I had a look at… One of the best websites for IAS!
Thanks
AvnishYou can take it early as a CBE, strange why there is no paper based exam for F4 in September!
Avnish
