[sal2222]

AAA was a tough paper, I passed on my 4th attempt and was ready to give up but the support here definitely helped get through those tough days.

[sal2222]

I’m going to piggy back on this post as i didn’t want to create another post.
(I think there should be a post at the top for when we qualify and can thank the tutors.)

Thank to everyone at open tuition for amazing support, I’ve finally gained membership today and all that hard work has paid off.

couldn’t have done it without the tutors on here and all the support in the forums.

[sal2222]

I would try Kasif Kamran, I’m sure you can find him on facebook. He also has quite a few videos on you tube you can watch and decide.

Very good tutor

[sal2222]

thank you so much for your quick reply, really is helpful.

with regards to the ACCA designation, i know this should be very valuable to me, seeing that ive worked so hard to complete ACCA, but i don’t understand why I need this and why I need to pay annually for it.

I work in the uk as a reporting analyst, ofcourse my ACCA journey is what got me to where i am but should i be using the letters somewhere? am i in the wrong role?

[sal2222]

Can i refresh this post.

I passed my last exam back in January 2022, I’m about to complete my objectives and ready to apply for membership.
Would it be cheaper for me to wait till January after i have paid the affiliate fee or should i apply now and pay membership fee only in January.

My thinking is if i pay the affiliate fee(which is less then membership fee) in January and then apply for membership i will not have to pay membership fee until 2023.

or will have to pay membership fee regardless. in which case i might as well apply for membership now and save having to pay for the affiliate fee.

[sal2222]

I know the feeling too well. I feel like an imposter in my own life 🙁
keep looking for the correct role. there are jobs out there that will build you up.

I’ve managed to get a job where i will get the correct training, i plan to stay in this job until i have the confidence to work as an accountant.

I will not call myself a chartered accountant until i feel confident enough to say so. I refer to myself as an affiliate and the way i would sell myself at an interview is to say that i have already shown my capability by passing the exams but i dont have the full skill set yet and want to find an opportunity where someone will help me grow and gain the experience i need.

[sal2222]

I’ve been reviewing the financial statements and notes before our statements are audited and published. but i’m failing to come up with 500 words to explain that i can do this.

Any advise what i can write to complete objective number 7.

[sal2222]

Ive just become an affiliate and have received an email about msc.

I understand the creditability of msc but what are the benefits and is it worth pursuing.

[sal2222]

54% allhumduallah

Finally completed all my papers.

Thank you open tuition for all the support and love.

[sal2222]

It was a fair paper, but I just don’t think I wrote enough.

Badr was only partial due to limit of 1m
Did anyone find there was no place for the overlap profits and the interest income. I felt it was given for a reason but just couldn’t work out where to put it. Feel as if I’ve missed something.

I couldn’t work out if the trust for the grandchildren was still a related party to work out what % share polly had. I went with trust not being a related party, but I’m thinking technically they are related.
This was to calculate the decrease in value.

avbosip wrote:Guys! What did you put in question 4 about 16 month period and payment? It was for 8 marks. I feel like I screwed in it completely.

Yes I feel for 8 marks there wasn’t much information given.
I deducted loss of 95k and deducted the 23k capital loss and just calculated the tax on it.
I’m sure there was more to it but couldn’t work it out.

Then there was the last bit about investment loan. I said there was a saving on 3600 of the loan repayment at 45% as she was an additional tax payer.

Didnt know what to do with the 340 cost. But I think this was probably exempt cost.
The refrigerator i didnt calculate it but I mentioned it was depreciating asset therefore need to apply holdover releif.

Didnt write enough but really hoping I scrap a pass. Its my last exam

[sal2222]

It was a fair paper, but I just don’t think I wrote enough.

Badr was only partial due to limit of 1m
Did anyone find there was no place for the overlap profits and the interest income. I felt it was given for a reason but just couldn’t work out where to put it. Feel as if I’ve missed something.

I couldn’t work out if the trust for the grandchildren was still a related party to work out what % share polly had. I went with trust not being a related party, but I’m thinking technically they are related.
This was to calculate the decrease in value.

[sal2222]

First attempt 66% allhumduallah so happy.

One more to go :))))

[sal2222]

I’m in crome but still can’t see poll, says its private but I am logged in

[sal2222]

What did people say for recommending the e marketing proposal

I advised not to take it up

I said although they really need emarketing this wasn’t necessarily the right proposal as UC did not have any experience in charities and their assumptions were all based on commercial businesses therefore not reliable.
Also 24m to take responsibility for social media did not make business sense. This would have caused the same problems as the website that had delayed updates.

Social media needed up to date info of what was happening within the charity. Outsourcing this would mean up to date information would not be sent in a timely manner and you would end up having robotic messages being sent to customers who enquired about courses rather then personal messages from the company direct.

Therefore the charity need to look for e marketing that would allow them to keep some things in house. Maybe with training for their employees

Also managing change i wrote 3 headings
1) Understand the current culture
2) consultation
3) training

But I realised now I should have also talked about freezing and unfreezeing

[sal2222]

So glad thats over, was a fair exam I think, nothing really difficult although I didn’t like the fact that it was a charity. Didn’t study charities enough.

1) evaluate CEO leadership style ans compare to previous ceo

Recommend appropriate leadship style

2) assess charity’s course portfolio and recommend improvements

3) risk assessment
External stakeholders who are interested in charity’s Internal control

4) financial and non financial performance of emarketing proposals

How will change be implemented.

Not a huge amount of information was given so had to really think of points to write.

[sal2222]

Have you tried acowtancy, they have ATX but not free

[sal2222]

Passed at 50% on 4th attempt…. for all those who didnt make it, dont give up. You will get there.

[sal2222]

Yes if you enter the wrong date m, it will just say unavailable so make sure date is correct.

Also if you don’t find anything, check for a week after results day, I have mine booked but if I fail aaa will be moving mine forward and booking AAA.

[sal2222]

Advertising
– review invoices and payments made on invoices to confirm the total amount paid for advertising
– recalculate the totals to confirm the total amount spend on advertising for this year
– review advertising contracts to confirm terms and conditions of the ads
– discuss with management their rationale to why they have capitalized advertising expenses
– obtain any evidence of the adverts to confirm their existence
– review board minutes to confirm approval of advertising campaigns

Goodwill
– agree cash book and bank reconciliation to confirm payment was received
– review the acquisition documentations to confirm the terms of the contingent consideration
– review board minutes to confirm any issues around the acquisition

Had a few more but cant remember

[sal2222]

In this particular question am employee has reported that management are using illegal chemicals and that they have given £10,000 to manager who confronted them about their use of chemicals.

My train of thought is we cant prove this without an independant investigation but would this be in our scope of work

[sal2222]

perfect, that makes sense. thank you

[sal2222]

For 3rd attempt I did only practice questions, I’m thinking maybe I need to buy another course and re learn the syllabus

[sal2222]

l8b700m3r wrote:Passed with 50% after 6th attempt! For those out there, never give up! Learn the correct technique to answer the paper .

How did you keep studying. I’m onto my 4th attempt and just dont know how I’m.gonna face the same books ?

[sal2222]

l8b700m3r wrote:Passed with 50% after 6th attempt! For those out there, never give up! Learn the correct technique to answer the paper . Please refer to Kashif Kamran’s video lecture

How did you keep studying. I’m onto my 4th attempt and just dont know how I’m.gonna face the same books ?

[sal2222]

3rd time fail. Lowest fail so far at 43%
So sick of this paper now, dont know how I’m gonna face revising for it again

[Author]

Posts