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Appendix to the briefing notes Q1 Dec 2011/June 2013

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AAA Exams › Appendix to the briefing notes Q1 Dec 2011/June 2013

  • This topic has 5 replies, 3 voices, and was last updated 10 years ago by AvatarMikeLittle.
Viewing 6 posts - 1 through 6 (of 6 total)
  • Author
    Posts
  • May 24, 2015 at 5:55 am #248262
    AvatarNizar
    Member
    • Topics: 49
    • Replies: 125
    • ☆☆

    According to the suggester solution, the appendix is inserted after the briefing notes, i.e. after conclusion.

    However, it is not possible to estimate how many pages will be needed to answer all parts of the requirement in (a), (b) etc…

    If i leave out 6 pages blank, and write the appendix on the 7th page, suddenly i’ll be needing 8 pages to answer all the requirements, it would be funny to find the appendix in between the requirements.

    Is it possible to insert the appendix(calculation of ratio) first before answering the requirements? Will i still be able get the professional marks? Or do you have any other suggestion?

    May 24, 2015 at 9:41 am #248308
    AvatarMikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23368
    • ☆☆☆☆☆

    If you had listened carefully to lectures on report writing at F7, P1 and P2 you will have heard me say that the appendix HAS to come at the start of the answer. As you so rightly ask, how can you write a report that refers to values without having calculated those values in the first place?

    And don’t worry about the professional marks in this context! This is an issue that the examiner and the markers are totally familiar with and you will lose no professional marks

    The very word “appendix” means “something tacked on at the end” but, in an exam situation, it’s not possible

    Ok?

    May 25, 2015 at 9:59 pm #248999
    AvatarAli
    Member
    • Topics: 12
    • Replies: 142
    • ☆☆

    Hello sir,

    With regards to professional marks, a passed out student told me that you have to show the formulae in the appendix as well. Following that advice, I find it too time consuming to write formulae. Previously, I have just written the figures labelled as gross profit margin, assuming the partner obviously knows how to calculate gross profit margin so no need to show that.

    Eg
    gp margin = 500/20000 x 100 = 2.5%

    So what do you say?

    May 25, 2015 at 10:50 pm #249004
    AvatarMikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23368
    • ☆☆☆☆☆

    That’s fine – so long as you show the working (500 / 20,000 x 100 in your example)

    Yes, it would be preferable to call it “Gross Profit Margin” but if, as you suggest, the report is to the partner of the audit firm, then it’s fair to assume what you mean by the abbreviation

    In the report itself you really should call it by its full name the first time you refer to it “gross profit margin (gpm)” or “gross profit percentage (gp%)” but your post is fine for the appendix

    May 26, 2015 at 9:36 pm #249343
    AvatarAli
    Member
    • Topics: 12
    • Replies: 142
    • ☆☆

    Thanks sir

    May 26, 2015 at 10:31 pm #249359
    AvatarMikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23368
    • ☆☆☆☆☆

    You’re welcome

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