Forums › OBU Forums › P48 – Welcome to all newcomers and returners to the OBU Forum
- This topic has 197 replies, 85 voices, and was last updated 3 months ago by GillianM – OBU Registered Mentor.
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- April 14, 2020 at 6:36 am #568143
Realistically you need 3 months to a tangible work.or Two months at least if you can dedicate 4-5 hrs each day
April 14, 2020 at 6:37 am #568144Yes..latest March 2019.is okay
April 21, 2020 at 2:57 pm #568891Hi I want to ask if there are any changes in submission dates for Period 40 due to ongoing covid-19 situation.
April 22, 2020 at 3:11 pm #568956@hjjk said:
Hi I want to ask if there are any changes in submission dates for Period 40 due to ongoing covid-19 situation.Yes it has been extended to 27 May. I received an email from ACCA and also my mentor confirmed it.
April 25, 2020 at 1:13 am #569178Hello,
I have a question regarding re-submission as it is creating too much confusion for me. I have previously failed my OBU and was asked by ACO to change my topic and company. Now I have done it on a different topic, so do I still need to submit the re-submission statement and if yes, how can I manage to write a whole 500 words essay on it?
April 26, 2020 at 5:23 pm #569293Hi Trephena,
Is it possible to clarify me on the above query please.
Thanks in advance!
April 27, 2020 at 7:50 pm #569375Sorry for the delay.
A resubmission statement is only required if resubmitting on the same company and topic. This is because the idea is to make you think about the marker feedback and to focus on what was needed to improve and correct the report to hopefully bring it up to a pass.
As you have had to changed topic this does not apply – consequently there is nothing for you to write.
April 27, 2020 at 8:11 pm #569376Thank you for the reply. I was reading in one of the OBU pack that even if we change the topic, we still have to submit the resubmission statement by mentioning that I have changed the topic but it was in one of the previous OBU pack. Not sure about the new one.
April 29, 2020 at 11:57 am #569500Well yes you may make a simple statement of fact to that effect – just one sentence would do.
As set out above the full statement is to help you correct a previous submission and there is an article on this on our homepage to guide students in the use of this.
However in your case this clearly does not apply and you will not be penalised if you do not write a statement -though possibly there is an IT system requirement where, as a resubmitting student the system demands one – in which case just type a sentence in a Word doc so that you can load that.
April 30, 2020 at 7:58 pm #569633Good day,
If I am resubmitting the submission slides do I also need to submit a resubmission statement since the only section I am resubmitting is the presentationRegards
May 1, 2020 at 12:13 am #569639Waited up to submit to get it out of the way and the portal gives me an error. Has anyone managed to submit?
May 1, 2020 at 6:40 am #569650This is probably because the new submission portal is linked to Turnatin (The electronic checking program) which is undergoing maintenance this weekend. Mentors were sent an e-mail yesterday about this. Perhaps your mentor did not forward this to you?
Such outages are planned months ahead and as Turnitin is used by the whole University and campus based students ( literally thousands and thousands) would normally be sitting exams right now -so not submitting coursework – someone probably thought it was an opportune time to take it down without realising it would impact on the RAP programme. (By comparison there are probably only about 2,000 -2,500 RAP students each Period)
It is an inconvenience – especially if you sat up especially to submit -well done by the,way for trying to get in early rather than procrastinating! However from the email I understand the service is back-up and running on Monday 4 May so please try then
May 1, 2020 at 8:16 am #569656Unfortunately my mentor has had limited involvement with my project due to being cautious about assisting me and risking collusion.
I’m ultra paranoid about anything I use or any assistance I source. I have 5 pages of references and bibliography… The public financial statements I used, I even reached out to the organisations for their consent (which they gave me).
I have had my 3 meetings, discussed my plans (I originally had two topic ideas and put together project plans), but everything has been my idea and my mentor has just asked me questions to ensure I’ve met my objectives – I’ve not spoken to her since my presentation.
I’m my SLS I discussed the impacts of COVID-19, and how this may have influenced our interaction, and how the need to be flexible and utilise technology has developed me as a person (I live on an island and there was only one mentor that I could find, and paid extra to be able to have her for face-to-face meetings, but obviously couldn’t).
I am a little annoyed about my mentors caution, but I understand why she has been so prudent.
I am a perfectionist, and wanted to submit last otherwise I’ll continue to keep re-reading it and changing everything.
Just one question for you Gillian:
I used my friends Grammarly account and several other softwares to ensure I had references sufficiently and not taken direct quotes subconsciously. Is there a chance that my work might match 100% to his Grammarly account? I assume I’ll just be able to explain what’s happened regardless.
I hand wrote my report first, and then typed it up using my hand written notes as guidance. I find I write more fluently and carefully whilst hand writing, as when typing my brain is a sentence ahead and I go on a tangent!
Hopefully I’ll be able to submit soon, good luck everyone!
May 1, 2020 at 8:53 am #569657Hi,
I am about to finalize my RAP but i have following two questions regarding RAP (Topic 8) submission:
1. In the RAP checklist point 2 mentioned that “All marking is now anonymous so please ensure you have you NOT included any mention of your name in any of the project documentation submitted”
Now my question is doest it ask to delete my name and only put the ACCA reg no in RR, SLS and Presentation files ?
2. Is that necessary to submit financial statements in pdf file? Since In my excel working I have inserted the financial statements of both main and comparator which I am going to submit anyway.
TIA
May 1, 2020 at 9:12 am #569658Hi Tia,
The information pack says not to include your name anywhere, and only include your ACCA number. This should be on all of your documents.
I’ve found the pack contradictory in terms of the topic 8 FS. One page says include the PDF document, and the other says only include relevant pages as the marker doesn’t want to read all the large documents.
What I have done is extracted the SOFP and SOPL on to and excel in my appendix, and then on 6 further appendices, included a PDF document link as an item. On all of these I’ve provided direct links to the organisation and is comparators website, so that if anything goes wrong, they are still able to find the document. These also link in to my ratio calculations in my appendix to show my workings and ability to use Excel.
You can insert an object on excel by going to home >> insert >> object, click ‘insert adobe PDF’ and click ‘display as icon’ and name it. It’ll take you to a file explorer, select your document. This means that all the information is there for the examiner if they need it, but if they only want the minimal then I’ve extracted it.
May 1, 2020 at 9:35 am #569662Thank you @Tonim, It is helpful. Just one more thing to clear.
Should I take financial statements from the annual report? The original annual report of main company is landscape and the comparator’s one is vertical page size. Will that be a major problem?
May 1, 2020 at 10:02 pm #569736Hello,
Physically enter the amounts in to excel and utilise summing etc – it won’t matter as you’ll be formatting it yourself and the annual reports are only for further information.
May 2, 2020 at 7:17 pm #569821Update: was able to submit, now not able to pay. I just go to a new page when I click ‘pay your submission’ and it says ‘invalid’.
I’ve emailed OBU again.
May 4, 2020 at 8:04 am #569898Just paid the fee, it wasn’t possible yesterday. And Turnitin review and download is also there again. I wasn’t able to view my submission before.
Now let’s hope for the best.
May 6, 2020 at 10:14 am #570138It’s worrisome for me and quite frankly, I am tired. I have chosen Volkswagen as a company and my mentor said it’s a good choice but they produce “commercial vehicles” too. I tried but only found “Group financial statements”.
I could not find individual financial statements for the competitors.
I tried to work on other companies in other applicable sectors but due to data gathering limitations, and already time spent on Volkswagen, no other company seems to work for me. Please clarify this confusion for me, should I go ahead with Volkswagen? I don’t want to fail my RAP due to wrong company chosen.May 7, 2020 at 1:18 pm #570239I have also used Volkswagen
May 7, 2020 at 1:25 pm #570240Just to warn you – a lot of their balances do not makes sense… an example that pops in to my head is that their 2018 balance sheet, page one, do not sum, and are 1m out.
second thing to consider is they report under German GAAP, and you will find it difficult to find another in the industry that report under it. I read about it online.
You will find most motoring companies also produce commercial vehicles.
What do you mean you can’t find other individual financial statements? provided you choose a large company, Honda for example, which are listed, the FS will be on their website for investors information.
I’d recommend not submitting this period, particularly with Volkswagen, who I had to contact to get some clarity on their FS – I’m unsure you’ll get a response and be able to analyze sufficiently prior to submission. Do not rush it.
May 7, 2020 at 1:41 pm #570245Nope…the individual subsidiary companies produce their financial statements to be consolidated…I could only find the consolidated financial statements in the annual reports. This is a limitation.
May 7, 2020 at 1:44 pm #570246Volkswagen can be an option for lot of people in the current environment because of the information available easily.
May 7, 2020 at 2:36 pm #570257I used the Volkswagen Group Financial Statements – OBU day nothing against it.
My interpretation is that you should not choose a company who solely produces, say, RVs.
I have submitted mine now and I did so much work on it, and my mentor did not object to my choices.
I used one of the top 10 motoring brands according to an online article. I found financial statements quite easily. If not, you could always contact them and ask?
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