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Passed with 53. Coincidently scored 53 in f7 too. Would like to thank ROB at LSBF. I think he is one of the best f9 tutors in the world. He teaches so simply in a funny way. Thx again rob
Passed with 53. Thanks to myself and God….oh actually it was me who sat the exams so I take back the name of god and would like to thank my tutor at LSBF, I forgot her name but she is a lady teacher and very cool and to MR Francis brazanga….thx again
Just wondering why would anyone bother if the sfp balanced or not if someone is just aiming a pass?? Looks like there are prize winners in the house. Will see in feb..:)
Cud any one plz tell me was I right in taking off the contingent liability in net assets working in q1. Do we put the associate profit 40% of 2 million in income statement.
Q2. Does the loss of 1300 go to cos in fair value-investment?
Q5 is the provision for the contingent liability provided in f/s..coz it was a government decision and is that 33% of 18000 recognised?? ThanksIt was not that bad. I did q1 q2 q3 pretty well and just managed up until part a of q4 . I cudnt manage the time, I was too carried away by the analysis of ratios. Guys u reckon , wud I pass? By just doin 3 and half questions ?? And yes also managed to do the last 4 marker ias37 contingent liability.
All good except Q4. This is to fail the majority of students do that in this hard economic climate ACCA can make some money out of poor students. Otherwise there is no necessity of over complicating the questions. Some one above said you have to be above average to pass but I say to pass you just need to be average , and in real working life computer does it all and the rest are the matter of personal judgement and to remind all dumbos who boast that one need to be exceptional to pass Acca I would suggest them to study rocket science not Acca. Acca is for normal average people like majority of us
@smidsy said:
Q.1 Simple group with 2 subs
Q.2. (4X5marks) mixed – looked appealing, but the Pensions scared me off
Q.3. Mix
Q.4 provisionsI really hope that it was correct to approach Q4 by discussing contingent liabilities, cause thats what I did.
Overall, I found the exam very fair.
I was very tempted to do Q.2, but I had planned to do Q.4 and had practiced it, so stuck to my guns.
If I approached it properly(contingent liabilities & their problems), then I passed. Otherwise its a close call.
Considering what I knew is Dec’11 exam, and got 45 %, And what I know now, I should pass.
Here in uk the exam is still running. I just came to toilet. Where did u give ur exams man
@xiaofang81 said:
why is DF @ 20%?@xiaofang81 said:
why is DF @ 20%?
I think the pre tax rate was given and we had to convert into post tax. Or I acted over smartly? If that’s the case I’m the biggest fool alive on earth. I blame Acca for that. I hate u accaI cudnt understand the terminology muradhba. The examiner should translate that in English and keep that in bracket. Listen to me tony mr examiner , it’s absolutely not fair to give 5 marks for that. There are hardly 3 full sentences about it. Examiner could you suggest me what do I write? And how do u expect us to understand the terminology which we never use in our real lives. Translate that into English next time so that we can write which is which without a confusion. If I fail I blame u
I just did Q1 n 2 well. 3 was ok but 4 was disaster. Due to time pressure I went blank and cudnt find the share capital for wacc. Theory part was crap as well. Don’t know if I can get 50. Probably 25 marks has been absolutely messed up. Plz guys tell me ur experience if I can pass. Otherwise my life will b hell
Does Acca makes you feel like a nerd. I see other people who are studying other subject very happy but since I started Acca my life if full of sorrows. I can’t even get a part time trainee job. I was once offered a job but the owner didn’t wanted to pay me anything.being a international student in uk is a big problem. I should have studied back home in a peace of mind. Anyone wishing to come to uk? Change your mind now coz nothing here seems right, from cost to attitude of colleges. They think international students are piece of s@@t. Anyway good luck everybody.
Q1 was absurd and crazy. It was nOt normal. The rest were fair. Hope to get 50. But don’t really understand this examiner. Considering 56 percent pass last time he wants to drop it again down to 28 percent.
Thx fOr ur suggestions guys. I have practiced a lot an discovered a pattern in published if that’s helpful to others. Do the adustments by opening up retained earnings ( opening bal+pat-div paid)!!then collect the figures for ncl and cl. Then do a analysis of costs. Eg. Heading (cos) — opn bal(tb) + dep+ amort ect collect all cos charged then solve line by line. I like to avoid T accounts coz it consumes a lot of time. It’s all abt the time managemt in exam not what u actually know. Cheers n good luck all
Total finance cost 5018. Year 1 ,1346year 2,1163,year 4,966 n so on. Year 1 open bal. 20000. Adv pay(3574)+ interest 1346= closing 17772. I don’t know if this is what u have asked. Cheers