- May 9, 2018 at 8:41 am
Yes most information especially financial information will come from the annual report. You should try though to seek out some articles from trade journals and the business press (often available online)July 4, 2018 at 11:57 am
Is it a must to include graphs, charts and tables in the main report to ensure a passing grade for Topic 8? Would it be sufficient to just include them in the spreadsheet?
Thanks in advance for replyingJuly 4, 2018 at 10:48 pm
Graphs and charts are a VERY important element of Topic 8. So yes it is a BIG must that such charts are in the main report (and also are required in the Presentation).
You should present a graph / chart (preferably showing the position of both companies on the same graph) for each ratio and then talk about the implications of these trends and how they link in with the main company strategies and the factors from its business environment (SWOT and PEST )July 5, 2018 at 9:04 am
I am replying to your query about graphs from the perspective of a former member of the RAP Marking Team (and suggesting how by using effective charts etc. you can improve your work)
It is vital that you use graphs/charts frequently in your report for Topic 8 as the marker can instantly see the situation – a good graph ‘paints the picture” and shows the trend. Then you don”t have to waste words describing the results. Also a lack of graphs/charts is very likely to lead to a fail for Assessment Criterion no. 4 -Presentation of the data
Please I implore all students to think carefully about what figures and percentages to use in the text. So often as a marker I have been confronted with paragraphs of text that have so many numbers in them that it is impossible to keep up with things and I have struggled and become frustrated trying to make sense of it all. A good clear graph sets the scene so lots of figures are usually unnecessary anyway!
Try to recognise that with good graphs/charts and by only mentioning the percentages that are significant how much easier it is for the reader to gain a clear picture (before submitting why not ask a family member to read some of the report and ask if they understand things and get them to comment on clarity?)
By the way as the report is written in English the graphs should follow the natural way English is read – that means left to right and so the earliest year should be on the left and the last year on the right. (Those whose mother tongue is not English do not realise how confusing for a native English speaker it can be to have a graph that has the earliest year on the right as the trend lines will appear to be the opposite to what the brain is expecting. Western languages are all read from left to right so if your language is written from right to left please be aware of this cultural difference when you are presenting reports in English)July 8, 2018 at 10:39 am
I have several questions
For topic 8 can i use hypermarkets for analysis such as carrefour
Can my mentor be my audit manager/senior who hasnt done neither ACCA nor registered as a mentor in OBU
Can someone explain what my spreadsheet should look like. E.g my graphs in the RR shud be included in the spreadsheet?
What to write in the SLS statementJuly 8, 2018 at 5:24 pm
1. You need to consult the very latest Information Pack and please see the thread on prescribed topics for Period 37 and 38 for Topic 8 as supermarkets and hyoermarkets are NOT in the mandatory business sectors. So no, you CANNOT submit on Carrefour (and if you do it will result in an automatic fail with no refund for the GBP 340 submission fee) you will just be wasting your money and a submission attempt leaving you only 2 more
2. In principle your audit manager could act as your mentor but first they have to pass the online mentoring course i..e. become a listed mentor (the course costs GBP 85) -there are NO exceptions to this rule. However I would advise you to find a mentor who has had recent RAP experience. Although some mentors may appear to be expensive, cutting corners and using a cheap ineffective mentor may often be a false economy as it means they are less likely to be familiar with the Assessment Criteria and therefore your chances of passing are reduced. If you fail and have to resubmit it will have cost you GBP 680 just in submission fees (and if you are in to a 3rd and final submission it will have cost you over GBP 1,000 just in submission fees to say nothing of the stress and inconvenience and still no certainty that you will pass)
3. Yes report graphs would be expected to have been constructed from the spreadsheet. There is no prescibed format for this.
4. There is help about the SLS in the Information Pack. You need to answer all 4 of the set questions from a self-reflective point of view discussing your strengths, weaknesses and challenges during the learning and development experience
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