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Abbreviating Words in exams

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Abbreviating Words in exams

  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by MikeLittle.
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  • July 11, 2016 at 5:46 pm #325473
    jpslayer1
    Member
    • Topics: 1
    • Replies: 0
    • ☆

    Do we lose marks if we abbreviate words on the Statement of Financial Positions ?

    July 11, 2016 at 7:02 pm #325490
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23321
    • ☆☆☆☆☆

    No, but you’ll lose precious time if you waste your efforts writing out the words in full!

    The exam is testing your accounting / financial reporting skills, not your ability to write “Intangible Non-Current Assets” or “Statement of Financial Position”

    INCA and SoFP are totally adequate (and they were just examples! There are loads of others to be abbreviated)

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