Forums › ACCA Forums › DipIFR forums › DIPIFR 2014 Study Buddy
- This topic has 55 replies, 25 voices, and was last updated 8 years ago by Oksana.
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- February 3, 2014 at 12:04 pm #154871
Hi all
I see the forum is ratehr quiet. Is anyone still studying the DipIFR. Istarted late last year and am writing in June2014 as i wasn’t nearly ready for the Dec13 exam.
I could really use someone to bounce Q&A off
RegardsMarch 5, 2014 at 2:19 pm #161539Hi,
I am planning to write the DipIFR in Dec 2014 as I dont think I can prepare by this June. I am new to accounting, could anyone help me with the study material for DipIFR? Also which book to use to clear the concepts and then to practice further?
I saw in one of the forums that for DipIFR, F7 and P2 (notes & lectures) are sufficient? Is this correct?
Regards.March 6, 2014 at 11:43 am #161619Hi Swati
I have purchased the BPP study notes as well as their Q&A book in prep for exams. seems to have all the content needed, but a study buddy system is essential for verification and help.
cheers
DeanMarch 14, 2014 at 11:26 am #162340Hi Dean,
Thanks a lot for telling me the Book name. I have also just now ordered the Acca DipIFR book by bpp.
Are there any material elsewhere (preferably online) to practice more questions. For example, I am currently doing the IAS 17 (leases) and I have solved almost all the questions from the Revision kit of bpp (right now I have borrowed the book from a friend ). Now, I want to do more ques on same topic before I move on to the next one.. Or do you have any practice questions which you can share?Cheers
SwatiMarch 14, 2014 at 11:29 am #162341Hi Swati
At last someone who has the same study material as me 🙂
I also bought the Q&A book from BPP as this has a lot of questions in it. Do you have this one?
regards
March 14, 2014 at 11:34 am #162342Hi Dean,
Are you referring to the ‘Revision kit’ which has lot of questions and past papers? One is the Study kit and other one is the Revision kit? Right?March 14, 2014 at 11:35 am #162343Yes, its called “Practice & Revision kit”
March 14, 2014 at 11:39 am #162344Okay! Thanks.. Do you think this is sufficient for practice? Are you referring to more material or books for practicing more questions?
Regards,
SwatiMarch 14, 2014 at 11:41 am #162346I think it should be, but if i still have time i may download prior exams from the ACCA website.
At this stage i am working my way through the study text and doing the questions in there. Following that, i will work through all the questions in the revision book and try to close all the gaps that way.
I don’t think i will have time to do more.At the moment is am doing IAS1 chapter which is about 3/4 way through the book and am making notes as i go, so moving really slowly.
March 14, 2014 at 11:47 am #162348okay.. Sounds great!
Well, all the best and good luck 🙂
Regards,
SwatiMarch 14, 2014 at 11:53 am #162349Thanks. I am available to bounce questions off, are you?
March 14, 2014 at 12:38 pm #162352Yes, sure..
March 14, 2014 at 2:58 pm #162358Hi Dean,
A quick question,did you study via the on line option or did you study it by yourself using text books?
Also do you reckon it is widely recognised in job market, I mean what difference does it make between a general ACCA qualified and an ACCA qualified with this diploma?
I am already qualified ACCA and have a certificate in IFRS as well.
Thanks
March 16, 2014 at 9:01 pm #162464Hi all!
I’m planning to sit for DipIFR in December 2014. I found the study materials at BPP but they are for June 2014 session, can I use them for December 2014 or I should wait until July 2014 to buy for December 2014? I would like to start learning from current month in order to success at the exam, but I’m afraid of changes that can appear until December 2014.
Thank you!
March 16, 2014 at 9:24 pm #162467Dear aspirant, the basic rule for examination preparation is to start at appropriate time without getting distracted because of the too much time gap… but slow and steady always win … so I appreciate your decision of early preparation but please don’t worry about changes because there is adequacy of resources either official or supporting that highlight major changes in the prescribed syllabus.
stay happy and great luck for qualification.March 17, 2014 at 5:53 am #162474Swati. I have chosen the self study book. It is tough but a lot cheaper.
On your question about the benefit of the dipifr vs acca I guess this is personal choice but I am doing it because my CIMA didn’t go into enough technical detail. I’m not sure if acca did.
Regards
DeanMarch 26, 2014 at 10:35 pm #163245Hello Everyone;
I have decided to take DIP IFRS but not to sure when to take exam.
I have 3,5 years experience in audit.
On average ; How long should someone required to spend for DIPIFRS?
I heard 150 hours will be enough.
Do you agree with that?
Thanks for your help
March 27, 2014 at 6:08 am #163279Hi Tolga
I have been preparing for a few months quietly and really feel 150 hours will not be enough. Probably more like 250 hours if you want to ensure you do a decent amount of Q&A
regards
DeanApril 12, 2014 at 6:59 pm #165143Hi Everyone I hope you are doing well,
What do you think following materails for preparation:
DipIFR Materials package 2013 – June 2014 of ATC.
I have find out this package of recommendation from an old link:
May be you all have been informed about that
I also have same question that Sergie asked.
I’m planning to sit for DipIFR in December 2014. If I did buy materials right now would they be still ok to use in December 2014 as well?
Thanks to everyone.
April 14, 2014 at 7:58 am #165244Hi Tolga
The materials (BPP) that i am using are only relevant upt o June 2014 exams as the Dec exams will take into account IFRS changes for another year.
Regards
April 21, 2014 at 1:34 pm #165789Hi Dean,
Hope your preparation for DipIFR are going fine! I believe you have also got the Bpp material for preparing for June DipIFR..?
Just wanted to know if you can help me with one question on IFRS 9?
Its in Bpp Study Text for June 2014 exams; pg 204 – Impairment of Financial Instrument)
Could you tell me what would be the correct solution for part (b) of this Question?Thanks & regards,
SwatiApril 22, 2014 at 6:41 am #165878Hi Swati
Prep. going a bit tough but am working through Q&A now so and sort of getting there. it looks to me that the Fi is not worth what it originally was due to the liquidation of the company. They state that the value to which we need to impair is 80% of the maturity value so $130 525 * 80% discounted @ 10% for 3 years (time left to maturity)
Hope this helps
regards
DeanApril 22, 2014 at 1:05 pm #165904Hello Everyone;
Why don’t we share our e-mail adresses for sharing questions,answers in spreadsheets .
Here is my mail adress: t_erbasol@yahoo.com
Thanks,
April 22, 2014 at 5:46 pm #165923Dear Dean,
Thanks a lot for your reply. Infact, I aslo calculated the way you did.
($130 525 * 80% discounted @ 10% for 3 years.)But I think, in the solution it’s been discounted for 2 years rather than 3? That’s actually made me confused. Looks like bpp book has made an error here..
Regards,
SwatiApril 23, 2014 at 6:31 am #165957Hi Swati
Unfortunately BPP make quite a lot of mistakes in their notes (my opinion) and I believe this is one of them.
The period left to maturity is clearly 3 years.
Regards
Dean - AuthorPosts
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