Hi
I have started FR today and i just want to ask you- Do we need to know Journal entries?
I am really struggling and i have just started and started feeling demotivated already because its so complicated. I got exemption for FA so i don have any assumed knowledge,
What advice do you give on this?
Thanks
Ask the Tutor ACCA FR
Journal enteries
Hi,
You don't need to know them as they're not usually required in the exam but a knowledge of them is hugely beneficial. At the end of the day you are studying an accounting qualification and a knowledge of double entry bookkeeping is essential.
Don't get demotivated, if you have an exemption then you've done bookkeeping already and are just a bit rusty so persist with it and it will all come back to you.
Thanks
Thanks for getting back. Just a little suggestion from you sir if you dont mind, i have failed my AA exam and i am resitting AA in march and before my AA result i had a plan to sit my FR exam as well but when i started studying Fr i found this very hard and FR asks more time as its more practical based, Can FR be prepared in one month considering that i am resitting AA in march as well , Also Does FR suppose to be done before AA?
Thanks
Hi,
I think it will be a challenge and personally I'd ensure that I pass AA before I then go on to attempt anything else. You don't want to fail it again.
Thanks
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