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anyone from dubai ????
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I am sitting this exam next week (computer based) any tips for revision that needs more attention??
Thanks,
Tash 🙂
The paper seemed to be very tough.
It was prepared just to make every one fail.
We had enough practice but i doubt if most students passed.Most of the questions were calculations and time was too short to finish all the calculations.Sad!!!!!!!!.
hm-mm did not expect that the paper will be hard like this and felt really disappointed.. i worked out kaplan kit and other exam kit and yet i could not work out the paper as expected. 1st time limited for all that calculations and the paper doesn’t consist almost chapters ,it focus more on consolidation and the questions are reallllyyyyyyyy different from those i work out..
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Hey guys! I must say that this paper wasn’t easy at all, it was very tough especially because of the fact that you had to complete it in two hours. I wrote it two weeks ago and I passed with a 74%. I was very happy! But yet, this paper had me all freaked out! A few tips that everyone knows, yet we make the same mistake (Or am I the only one?…lol):
1) Do not work the questions in sequence…
2) Read JUST THE QUESTION first and ask yourself “am I good in this area?…can I work this question right now and get it correct?” If your answer is no…make a note of the question you left unanswered or you can see it on the right side of the screen (computer base) …
3) Take deep breaths! Tell yourself to stay calm and be positive!
4) Don’t keep looking at the time, it will make you nervous….and stop wasting too much time on one question! MOVE ON (Do remember you have to come back later to do it)
5) Try working most calculations questions first…when time is running out…you can be able to read and guess an answer and it might correct, but you can never just guess a calculation…Umm, yeah…I think that should help!
Questions that I had for my exam were pertaining to the following topics:
1) Cash Flow (Theory)
2) Consolidation (Basically Goodwill AND RETAIN EARNINGS) I must say I love this topic but the way most of these questions were structured had me baffled. They don’t ask you for a final answer, they request for calculations found mid way…They had several questions about Unrealized profit…how would you account for it if subsidiary is the seller or parent is the seller.
3) Depreciation…weird…it dealt with a lot of pro-rated depreciation, that made it a little tough…BE CAREFUL WITH ACCOUNTING PERIOD guys!!!
4) Accruals & Prepayments – Be careful with the dates here again! And please note that they have Accruals INCOME & Prepaid INCOME…these are the opposite of Accruals Expense and Prepaid Expense…You can group them as (Accruals INCOME & Prepaid EXPENSE – A DR Opening Balance) & (Prepaid INCOME & Accruals EXPENSE A CR Opening Balance)I think that’s it for now! I hope I was of some help! Take care and I wish you all the best!!
I had ample time! I would have finished with about 30 mins to spare. I lost a lot of time because I was showing my workings systematicaly (hoping to get extra marks) but I realized that it is an MCQ n that wasn’t a criteria so save for writing down a few figures on paper I didn’t bother to show full workings! I think that’s where you all lost time
can someone pliiiiiiiiiiz helpme with the resources, plizzz i need em my exams are due dec gad892@gmail.com F1-F3
Did CBE today… i got 72%.. exam wasnt that tough.consolidation and company accounts was the main area… around 20 questions were theory which consist provision,contingent assets, contingent liabilities ,adjustments after accounting period…
<cite> @jackywhlee said:</cite>
none of the questions were similar to any of the past papers OR from the BBP study book. i did 300+ past exam including 2013 study book exam questions and I could answer only 15 questions confidently, and there were 1 hour left ! this is crazy. i will go switch to australia CPA exam.I agree what you said. I did 2 or 3 times past paper. And I think I did more than300 questions at least. But when I got the exam paper, I couldn’t really find any similar question. This is crazy. Hope that we can pass the exam. 🙂
The questions is not the same as BPP at all. I got a shocked as I have tried over hundreds past yea questions and BPP learning materials . However, I have check it through Kaplan Revision Kit a lot of questions can be found there . I do think so that I wouldn’t be able to make it. Guess I will try again this coming Dec 2013 exam.
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<cite>@sadolaitan said:</cite>
The exam was great!!! All questions were in the same format with the mock questions I had practiced. I had time to finish and revised up to No. 20, before the papers were collected.@sadolaitan. please which mock questions did you use. Could you please share it iwth me. thanks.
abeforu@yahoo.comI thank God that I passed all F1,F2 & F3 C BE on self study exams.all u need to understand all the topics.
Well being first paper of acca , it was not easy hopefully i pass , thanks alot Open tuition awaiting to start reading for other papers.
Took this exam this afternoon – Nassau, Bahamas. Scored a 74 percent. The worded questions were a bit tricky. I was more comfortable with calculations.
hi,
can any one provide me with f3 exam tips or materials for the current year? three times and no way yet with CBE!!!!!F3 paper based was rather more appealing cause it was a tip of what acca really is all about and it was really challenging but was rather nice
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hey i wrote my exam and time was a change if you to pass f 3 you should know your staff on the figure tips so you can waste time but i failed the exam because of a certain topic i did not read consolidation
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My CBE exam was held this morning and it had a good mix of questions from across the syllabus, including several on depreciation and revaluation of non-current assets.
I studied for F3 at an evening class, and during the last two weeks I watched all of the Open Tuition online lectures for F3, also working through the course notes from OT too.
I think I should have probably attempted more questions from the Kaplan exam kit during my preparation, not to test the theory but to learn how ACCA ask questions, and what they mean by their wording in some questions. Sometimes I think the questions are worded in such a way as to leave interpretation open to the student and although the student can do the calculations correctly, they simply misunderstand the question. CBE gives you no credit for workings of course.
I passed F3 with 80% so I am of course very happy with my result, and I look forward to using these wonderful resources at Open Tuition for my next exam in December.
Thank you to everyone at Open Tuition for making this invaluable resource available to students, and especially giving it for free too!
I enjoy the style of John Moffat’s lectures, and wonder how the students in his live lectures class got on? Are they all qualified yet?
Hi Friends,
I will take part in exams in august can any one help me by giving me the answer of below question:
On 30 June 2006 a schedule of debtors extracted from Coleman’s sales ledger totaled
$
15400 but the
balance on the Sales Ledger Control was
$
15816.
The following errors were found later:
a.
A debtor’s balance of
$
345 had been omitted from the list of debtors.
b.
A discount allowed of
$
60 had been correctly recorded in the cash book but entered in the
customer’s account as
$
6.
c.
The sales return day book had been under cast by
$
250.
d.
A credit note of
$
150 issued to a customer was completely omitted from the books.
e.
The discount allowed column in cash book was over cast by
$
125.
REQUIRED:
1.
Starting with original total, make the necessary adjustment to the schedule of debtors.
2.
Stating with the original balance, prepare a revised Sales Ledger Control Account.Thank you in advance..
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