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Hi people.
New to this site and forum. Wish to be able to participate and get exam tips and techniques in order to pass this last paper of mine before graduating as I have failed 2 times and the feeling is really very depressing.
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yes i want to join…
lets do something about it! my first and i wanna show it whos the daddy lol! JK!….just wanna get a pass 😛
Ok… So we shall make this thread as a group study thread.
First of all, I understand that FRS are vital to audit. So what are the most common FRSes that are important to take note of??
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Hey guys,
I would like to join in as well……..like finaltidus, I have failed two times and would really like to get over this hurdle this time around
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I am in
failed twice 48 & 47 previous two sittings and must pass the next sitting
Hi, I have a problem remembering the IFRSs and IASs and ISAs. How to link the topics to the standard numbers. Is there an easy way to memorize these?
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Roman room technique; I am now up to IAS 20 Grants. https://www.wikihow.com/Remember-Lists-of-Words-With-the-Roman-Room-Trick
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I pretty good with remembering the ISA numbers and FRS’s. My question is do the markers give credit for writing down the number and of course aplying it to the scenario. I hear from different sources that 1/2 will be scored for mentioning the number in the exam. If I remember right I read somewhere in the examiners report that this is important?
I can’t believe it! If, in practice, you ever needed to quote an ISA number, surely you would reach behind you to the shelf and look it up! There cannot possibly be marks awarded for remembering a number! No, no, no. Please tell me that I’m not wrong. Lisa, please post a reply and tell these students that there is no credit given for remembering a number!
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Werty, contradicting your statement, please take a look at the marking scheme for the last exam attempt.
https://www.accaglobal.com/pubs/students/acca/exams/p7/past_papers/int/p7int_2010_jun_a.pdf
There are marks allocated for correct referencing to IAS/IFRS, as well as ISA’s. So I guess we wont be looking behind the shelf, just looking in our blank minds for the numbers 😀 And I might just start using that roman room technique, as remember all those accounting and auditing standards will be tough :-s
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