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Passed!!!!! 57% first attempt, self study only however for a few months, no work experience at all. (I don’t know how I did that as was convinced that it didn’t go well)
IMAGINATION IS BETTER THAN HAVING KNOWLEDGE-EINSTIEN
Never heard this sentence but a good one! Very appropraite for F8 exam where it is about 30% of knowledge and 70% about imagination.
learn about prvision and contingent liabilities, difference between them,
criteria for recognition of development costs
know something about depreciation?
I bought Kaplan’s text book and BPP revision kit and I have to admit that many things are missed in the Kaplan’s book. (ie detailed procedures in external and internal audit)
Dear Sir,
first of all sorry to b complete pest. I am still sitting and trying to understand the whole thing about convertible loans and Itried to focus on accounting entries first and then understand why accountant’s assumptions were incorrect.
I know how to calculate liability part and equity part in this question.
they are 8674 and 1326 respectively. Also i know why we have to charge 693290 finance cost in statement of profit and loss. but all this is in first year.
Could you tell me what will be the charge in finance costs and ammounts in SOFP in second year. I think that this would be:
CR equity 1326 (remains unchanged)
CR liabilities (9067.92 = 8674×1.08-10000×0.03)
and finance costs 1025.434 (9067.92x 0.08 +10000x 0.03)and in 3rd year this would be
CR equity 1326
cr liability (9493*1.08-300)= 9952.44and finance costs would be 9952.22*0.08 +300= 1096.2
I didn’t find any question prctice where it is required to calculate finance ocsts in 2nd and 3rd year hence my question.
Also is that true that after this 3 years period Following accounting entry will be required to account for the conversion of loan into shares after three years:
and this would be
DR laibility 10000
DR share option 1326
CR company shares 10000
CR share premium 1326or this accounting is for bonds on maturity only?
can anyone help, give advice, anything how to gai experience in accountancy? I’ve just passed F6 exam, sent a hundreds job application, few emails asking about job experience in local companies and nothing 🙁 I’ desperate to find something but have no idea what to do more ;(
Can I have the link to the website please?
Soooo… really you can’t ask for any certificate after f1-f3 exams until you pass all professional modules. That’s tricky! I wasn’t that wrong. You can’t show any diplom/certificate after passing f1-f3 and really if you can’t show the prove you should not put this on your CV.
nps1976 don’t be sp suprised! I’ve been exempt from F1-F3 as I already have a University degree so obviously won’t see any diploma/certificate on my account. And as Fidget stated it can depend on country you study in.
I do not think that’s correct oogabooga. You can’t write in your CV that you have Diploma in Accounting & Busines just because you passed F1-F3
Have you found this on ACCA website?
Sameed have you used BPP books before the Kaplan books? Can you compare both sources?
<cite> @amariff said:</cite>
Can anyone help? I’m need to complete F6 in December 2013 as the final of the Fundamental papers. The Business School where I normally study only do day classes and I can’t attend. For all the others I have attended evening courses and passed all of them so far.
Is it going to be too difficult to self study tax?
I have no previous experience of dealing with tax and it seems like a hard module and the study texts are massive. Did any of you self study and how did you find it? I will be doing the English variant.it shouldn’t be that hard. I self-studied and laso have no experience with taxes nor accounting and manges to get 80%. doing a lot of qeustions is the key and remembering the rules!
<cite> @hussaankhan said:</cite>
Thanks Perfecta. Are 11 HRS per week or per day?11 hours per day, I work 8 h and 3 hours commuting.
<cite> @hussaankhan said:</cite>
Guys who got 80+ can you share your studying style as to how you plan each day and week. You guys must be doing something really RIGHT to get such good grades.I spend 11 hours out of the house 5 days a week so really got time to study 2 hours after work (at most!) and study at the weekends.
Simply I go through the study book first, highlight everything what’s important, then watch lectures and when I go through the half of the study book I start doing questions.
I am not sure if my way is good though as I am only able to sit 1 exam per session. My work has nothing to do with accounting so I am not sure if this is a lack of time or rather lack of experience that hold me from studing to 2 exams per session.
Some more advice please?
80% UK variant, I asked my hubby to check the text for me as I thought it’s an oversight.
Not so bad for a person who works full time and has nothing to do with taxes in her work 😉
<cite> @nps1976 said:</cite>
Did you get an exemption from F3? If so, it sounds like you may need to buy an F3 book and work through that first. F7 is fairly tricky, you’ll really struggle if you haven’t got the basics pinned down first.yes I did but I have some knowledge gained during my studies. it was ages ago but I still remember double entry rule, what assets and liabilities are etc. I was rather thinking abotu more detailed things ie. what goes to admin expenses and what to other operating expenses.
Do you think that refreshing knowledge with F3 lectures will help or do i still need to get a book?
Found it!
My friend recomended me Kingston Office, it’s something very similar to Microsoft office.
Maybe this will help someone!
sorry pals but evernote is not good for me. There is no option to change the size and colour of the font. and this is a basic thing for me.
up up I have the same question as it’s not very clear. Nothing mentioned in opentutition notes nor in BPP book but in 1 question in BPP practice book there is a case where NIC are apportioned.
aaaa Admin don’t be cheeky 😉
I am asking because I’ve already watched Chapters1-20 lectures from Dec 2012 so would not rather watch them again 😉
Don’t get me wrong, they are helpful but they are 40 minutes long each. I can’t extand my day of another 24 hours 😉 And my Mr already complains for a lack of….. 😉
are there any main differences between videos for June 2013 and Dec 2012? ( except tax rates OC)
F5 is more advanced, but is based on knowledge from F2 as well. Personally, I would do f5 after f2 when your memory is still fresh.
no, not everything is in the notes, sometimes not even in those books 😉 Good luck