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DIPIFR 2014 Study Buddy

Forums › ACCA Forums › DipIFR forums › DIPIFR 2014 Study Buddy

  • This topic has 55 replies, 25 voices, and was last updated 9 years ago by Oksana.
Viewing 25 posts - 1 through 25 (of 56 total)
1 2 3 →
  • Author
    Posts
  • February 3, 2014 at 12:04 pm #154871
    Dean
    Member
    • Topics: 4
    • Replies: 27
    • β˜†

    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
    Regards

    March 5, 2014 at 2:19 pm #161539
    Swati
    Member
    • Topics: 1
    • Replies: 41
    • β˜†

    Hi,

    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 #161619
    Dean
    Member
    • Topics: 4
    • Replies: 27
    • β˜†

    Hi 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
    Dean

    March 14, 2014 at 11:26 am #162340
    Swati
    Member
    • Topics: 1
    • Replies: 41
    • β˜†

    Hi 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
    Swati

    March 14, 2014 at 11:29 am #162341
    Dean
    Member
    • Topics: 4
    • Replies: 27
    • β˜†

    Hi Swati

    At last someone who has the same study material as me πŸ™‚

    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 #162342
    Swati
    Member
    • Topics: 1
    • Replies: 41
    • β˜†

    Hi 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 #162343
    Dean
    Member
    • Topics: 4
    • Replies: 27
    • β˜†

    Yes, its called “Practice & Revision kit”

    March 14, 2014 at 11:39 am #162344
    Swati
    Member
    • Topics: 1
    • Replies: 41
    • β˜†

    Okay! Thanks.. Do you think this is sufficient for practice? Are you referring to more material or books for practicing more questions?

    Regards,
    Swati

    March 14, 2014 at 11:41 am #162346
    Dean
    Member
    • Topics: 4
    • Replies: 27
    • β˜†

    I 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 #162348
    Swati
    Member
    • Topics: 1
    • Replies: 41
    • β˜†

    okay.. Sounds great!

    Well, all the best and good luck πŸ™‚

    Regards,
    Swati

    March 14, 2014 at 11:53 am #162349
    Dean
    Member
    • Topics: 4
    • Replies: 27
    • β˜†

    Thanks. I am available to bounce questions off, are you?

    March 14, 2014 at 12:38 pm #162352
    Swati
    Member
    • Topics: 1
    • Replies: 41
    • β˜†

    Yes, sure..

    March 14, 2014 at 2:58 pm #162358
    Maneesh
    Member
    • Topics: 0
    • Replies: 1
    • β˜†

    Hi 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 #162464
    Sergiu
    Member
    • Topics: 0
    • Replies: 1
    • β˜†

    Hi 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 #162467
    Mohammad Yunus
    Member
    • Topics: 0
    • Replies: 1
    • β˜†

    Dear 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 #162474
    Dean
    Member
    • Topics: 4
    • Replies: 27
    • β˜†

    Swati. 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
    Dean

    March 26, 2014 at 10:35 pm #163245
    tenigma
    Member
    • Topics: 2
    • Replies: 7
    • β˜†

    Hello 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 #163279
    Dean
    Member
    • Topics: 4
    • Replies: 27
    • β˜†

    Hi 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
    Dean

    April 12, 2014 at 6:59 pm #165143
    tenigma
    Member
    • Topics: 2
    • Replies: 7
    • β˜†

    Hi 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

    https://dipifr.net/?p=1

    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 #165244
    Dean
    Member
    • Topics: 4
    • Replies: 27
    • β˜†

    Hi 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 #165789
    Swati
    Member
    • Topics: 1
    • Replies: 41
    • β˜†

    Hi 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,
    Swati

    April 22, 2014 at 6:41 am #165878
    Dean
    Member
    • Topics: 4
    • Replies: 27
    • β˜†

    Hi 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
    Dean

    April 22, 2014 at 1:05 pm #165904
    tenigma
    Member
    • Topics: 2
    • Replies: 7
    • β˜†

    Hello 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 #165923
    Swati
    Member
    • Topics: 1
    • Replies: 41
    • β˜†

    Dear 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,
    Swati

    April 23, 2014 at 6:31 am #165957
    Dean
    Member
    • Topics: 4
    • Replies: 27
    • β˜†

    Hi 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

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