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hi john i was just going through the f5 acca syllabus and study guide and i saw some sub-sections in budgeting part as follows:
b)Select and explain appropriate budgetary systems for an organisation, including topdown, bottom-up, rolling, zero-base, activitybase, incremental and feed-forward control.[2]………….here i didnt see feedforward control but the rest are there hopefully
c) Describe the information used in budget systems and the sources of the information needed.[2]
d) Explain the difficulties of changing a budgetary system.[2]
I did not see this covered in the lectures/notes.
there seems to be some sub-parts like this for other topics not covered in the notes and lectures
please see this john…what should i do should?
Everything item that you have listed is covered in the lecture notes and/or the lectures, with the possible exception of (d), but that does not need a lecture – it is common sense if you have watched the lectures on budgeting (and the lectures going through past exam questions).
(Feed-forward and feedback control are dealt with in the lectures on planning and operational variances, which is where they are relevant.)We make it very clear throughout the website that our Lecture Notes are not meant to be a Study Text – they are what they say i.e. Lecture Notes, and it is in the lectures that we explain and expand on the notes.
All of our lecturers (including myself) have taught for at least 30 years for the big tuition providers in the UK (BPP and/or Kaplan) and what is taught in our lectures is precisely what is taught on those courses if you choose to pay for them.
If you watch all of our lectures, practice all of the questions in your Revision Kit, watch all our lectures working through past exam questions, and ask about any problems in this forum, then you have more than enough to pass the exam well. (If you have plenty of spare time, then read every page in your Study Text by all means 🙂 )
since i am in short of time i will try as much as possible to use the study text, as i have the other two papers to study aswell. just hope the revision kit covers the rest of the parts not in the lectures and notes as its quite daunting to read the study text 😮
I repeat – our lectures cover everything you need to be able to pass the exam well.
Anything we don’t mention is trivial and not worth bothering about if you want to pass the exam.i see… thank you john. you have cleared my doubts on this fears of not covering the whole syllabus. i am amazed that you have actually taught in top institutes like bpp and kaplan. i am quite confident in trusting you and your materials as i am assured i will really do well in the coming exams.
i feel the reason why bpp is so technical is because they want to maintain their standards as the platinum tuition provider (formerly their platinum status on their learning materials)
i know you said you cover everything you need to be able to pass well, can you give an estimate of how much is covered in the lectures and notes in terms of percentage of the Full acca detailed syllabus in the required level and depth? so that maybe i know the rest lets say 10-20% i have to refer to the text
Certainly our lectures and notes cover at least 90% of the syllabus (and any bits not covered are rarely asked anyway).
(I don’t know why you are amazed that I have taught for Kaplan – all of our tutors have taught (or still teach) for BPP and/or Kaplan 🙂 )
Thats very good to hear! atleast now i don’t have to worry refering to the text as 90% is covered in your lectures and notes. probably the 10% which i will go through it if i have time
i was amazed because you have alot of experience in teaching this papers. 30 years is alot of good experience. and you have actually taught in an approved tuition provider (kaplan). definetly your materials will seem to be worth it
thanks alot john. i really appreciate that you have answered my queries.
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