Forum Replies Created
- Posts
I have studied the course. I used Acccowtancy for it though.
And I will be watching your lectures a little too because they did help me top in the country for F5 but since the exam is a week away, I need to balance it very carefully with question practice obviously.
Please ignore the above
Regards to the question,
So we are trying to see whether or not the option would be worth it or not. If it is worth it then we taken it. If its not, then we’re not taking the normal future either because thats what the examiner specified. Right?The examiner specifying he didn’t want futures was just to tell us that we shouldnt use futures as part of the hedging strategy that we suggest and that phrase has no effect on this particular question on options right?
About the collars, (I went and watched your lecture on it)
I wanna know why the examiner has taken the buy call at 97 and not at 96.50.
Like if we have the call at 96.5, that gives us a better interest of 3.5% since we are investing this money.
So why did the examiner use 3% rather than 3.5%.Now that I’m thinking on it again,
My answer cant be correct. Because the predicted spot rate is already given at 4.1 and 3.1%
The suggested solution looks to consider the futures like an alternative to taking the options but as quoted above, the manager does not want to consider futures.
So why are we considering options?
Thank you!
I like IT quite a bit so that isnt a bad idea. to try and combine IT and accounting.
The tutor doesent answer here. Try the ask the tutor forum.
However, I’ll say this, the examiner has put in those 5 points for a reason. For you to use them. Use as many as you can.
My approach would be to work with the marks available. If its 10 marks then I’ll make 10 good points. and then add 2 more if I have come across them in the scenario just as a precaution. Wouldnt use too much more time.
But you could also make the 10 points and then leave a space and proceed with other questions and then if you have time at the end then come back and solve those questions.
Oh I see. Fair enough.
You’ll be seeing me here more often now that the exams are coming closer so see you around
The eg 1 is me quoting a sentence from the exam. Word for word. Do we have to do that?
I know that you dont try to predict the questions. Its mostly silly to try and predict questions. Except for in P2. I predicted that I would have a cashflow question and thats what came . I scored 69 on that paper.
Thanks for your help!
6 question 2s and 6 question 3s
But only if you can grasp them properly. Otherwise the more you practise the better.
Try using another pdf viewer. Even Google chrome can help view pdf files very well.
@6shahir said:
Can you tell me yr tips for 69m?
I wanna score high in this paper bro
Im planning to do p2 p5 in Dec
My average in Plevels is 68.6m considering three subs (p1 ,p3 , p4)The best thing I can tell you is watch Chris solving the questions and solve as many as you can yourself. Question practice is key. That applies to all papers in my experience.
But its not quantity of questions. Its quality of how well you understand how the question was solved. Its enough to solve 6 of each question. As long as you know exactly what was happening.
@Annette said:
Thank you kindlyI’m taking P4 and P6.
Have you analysed these at all?
Havent done them so nope sorry
Oh thank you!
December should be an SFP if I’m not mistaken. Try and go through the past exams and see what question has come and try to form a pattern. Practice the SPL too and maybe touch SCF but do a lot more practice on SFP.
Good luck in your exam!
I’m planning to take P4 and 5. I feel its going to help actually make me smarter rather than doing tax and audit which wont really help me out of context of those two fields. and in the case of tax, out of the UK.
What about you?
Just want to say, I absolutely love how you said P2 is for how to account for all that money you made with P3 hahaha
I looked through the revision lectures and saw that the last revision lecture is on the 2012 question.
Just wondering why you haven’t made a lecture on a more recent paper especially since (I strongly believe) watching a tutor answer a question is the second best way to build up exam confidence and technique.
The first one being practice of course. But its hard to practice when you dont have the basic technique.
What I’m saying is, will you be recording a revision lecture on one of the more recent papers any time soon?
I honestly thought my post would receive more attention since I was making a prediction but oh well.
Yeah I did pretty well on the exam I think. I wrote sense for about 2 hours and 15 minutes and used the rest of the time to just fill up the paper.
December should be SFP. If I have to put a number on it, its 85%. I give 14% to SPL because of the “just maybe” element. and 1% to the SCF because of the “Maybe maybe maybe element”
December should be SFP, then March should be SPL and then June should be SFP.
Then we have that change coming up so I dont have any patterns on that so yeah haha
Do you think you’ll pass?
I’m curious, why aren’t you on the about page of the site? https://opentuition.com/about/
Also, Just a few random things now
Is it worth doing CIMA after doing ACCA? I prefer management stuff and I think CIMA is more marketable than ACCA. Is that true?
Secondly, How’s your day been today? (whenever you choose to answer this :P)
3. Do you watch any sports? Any favorite team?
4. I’m curious. I know OT is free to use. I was just wondering if its non profit or not. You can choose note to answer obviously.
5. What is a piece of advice you would give to someone at the start of their professional career
6. I’ve noticed that you usually do take days to reply. I understand that you’re really busy (and why wouldn’t you be, you’re really smart) but like since you do eventually get back to all the questions, wouldn’t it be better to reply every day. Like it’d take less time than sitting and doing many in bulk and the students would get their query answered quicker.
7. Coffee or tea?
8. What do you think about the question 1 being predictable? Like I did some work on P&L but it was so predictable it would be a CF
9. Integrated Reporting was part of the ethics question. You uploaded a lecture on that a few days ago. I really regretted not watching it when I was in the exam but then I just poured it whatever I thought was supposed to be poured in. I wrote 2 pages for the 7 marks to make sure I got them. My time management was pretty alright.
Have a nice day! Hope I never have to come back to this forum except to tell you that I’ve passed and (there’s a chance) topped in the country.
I’ve topped in F5 with a 80, F8 with a 67 and F9 with a 74. For the P level papers as long as I’m getting more than 55 I know I’m in with a chance to top. I dont really care about topping anymore but its just alright.
Y’know I dont really study too much. I’m just so good with logic and understanding concepts (which is why I do well in management).
Like my proper studying for this paper was just 1 or 2 weeks. Like I did the whole syllabus last semester with my tutor and then deferred the exam. I forgot most of what I learned last semester. Then what I did was
-Learned a good bit of it from you by just watching lectures on areas where I was very sure I had no idea what was going on
-Did an analysis on the past papers and guessed its going to be a CF
-Worked hard on that and then worked on my standards.Yknow last night I did the Weston question you had solved. I had watched you solving the question twice but that was only to get an idea of how to do the CF. I solved it and I made like 7/8 mistakes on it. I was really sad because I was working on CF all week.
Then I sat up and thought to myself, this paper makes me sad its time I made it sad. So I built up the motivation and just learned my mistakes and moved on and voila, a lot of what I did last night was so relevant today.
Sorry I’m just dragging this on now. Just thank you for all your help. I hate numbers subjects. I hate remembering things. I love analyzing stuff. This was my last one (lets hope I pass) and now I can move on to more theoratical and logical things.
P3 is what I’m planning for December. So that is a total 180 from P2. I should love it.
*I promise to start studying earlier this time
Anyways yeah. Thanks a ton for your help.
Thank you for your advice and all the materials here. I’ve finally managed to calm myself down right now and I know now its all just about how I go and apply my knowledge in the exam.
I’m trying to cram in some stuff tonight and I’ll do some reviewing tomorrow as well. I hope I’ve done enough 🙂
Also, I think its great if you could make a lecture on a summary of all the IFRSs and IASs
I saw this on the Accowtancy website (its a 78 minute long summary) and I think we would find it very useful if you could make a lecture on it (this would be free ofcourse which makes it 10x better)
It’d be super useful for when revision time comes around
Just want to make sure you’re referring to the revision lecture. Not the class lecture. The revision lecture where he solves a past exam question
